Chandigarh July 6: Haryana Cabinet which met under the Chairmanship of Chief Minister, Mr Manohar Lal here today accorded approval for bringing amendments in the policy parameters prescribed for development of Cyber City.

According to the amendments, the rate of license fee for Cyber Park/ Cyber City has been raised four times of that earlier applicable.

Now, under the policy, Cyber City projects are to be developed on Work-Live-Play concept, wherein IT component has been approved as 66 per cent (minimum), commercial as 5 per cent to 8 percent and residential as 25 maximum percent and recreational/park 4 percent. The fees and charges prescribed for Cyber City/IT, group housing and commercial will be recovered for the corresponding area falling under the respective uses.