6.(1) The function of the Authority shall be to secure the planned development of the Taj Economic zone.
(2) Without prejudice to the generality of sub-section (1), the Authority shall perform the following functions :-
(a) to acquire land in the Taj Economic Zone, by agreement or through proceeding under the Land Acquisition Act, 1894 for the purpose of this Act;
(b) to prepare a plan for the development of the Taj Economic Zone;
(c) to prepare Techno-Economic Feasibility Report or as the case may be, detailed project report for any project considered to be necessary for the development of the Zone and take measures to invite private investements for such project and ensure its implementation;
(d) to co-ordinate with other departments and ensure timely implementation of projects and plans prepared by it;
(e) to enter into suitable joint venture arrangement for development of different components of Taj Economic Zone including subsequnt transfer of ownership of the project to the joint venture partner;
(f) to demarcate and develop sites for industrial,Commercial and residential purposes according to the plan;
(g) to provide infrastructure for industrial, commercial and residential purposes;
(h) to lay down the purpose for which a particular site or plot of land shall be used, namely, for industrial, commercial or residential purpose or for any other specified purpose;
(i) to provide amenities;
(j) to allocate and transfer either by way of sale or lease or otherwise plots of land for industrial, commercial or residential purposes ;
(k) to regulation the erection of buildings and setting up of industries;
(l) to develop, construct, install, operate, manage and maintain infrastructural facilities for providing specialised services itself or through any othere person authorised by the Authority in this behalf;
(m) to resolve disputes of commercial nature between the agencies providing services and consumers thereof within the territorial jurisdiction of the Authority; and
(n) to any other function that may be notified by the Government.