FTWZ - Approval Procedure

• Step 1 : Application to Board of Approvals (BoA) / State Government to set up FTWZ in Form A format.
  
  
• Step 2 : State Government recommends / forwards the proposal to the Board of Approvals (BoA) along with recommendations.
  
  
• Step 3 : Board approves with or without modifications / rejects the proposal. May also accord In-Principle approval pending land acquisition.
  
  
• Step 4 : Issuance of Letter of Approval (LOA) by Government of India (GoI) in Form B format. LOA validity 3 years during which time Developer shall take effective steps to implement the approved proposal.