Power to hand over management and administration of development projects and/or Satellite City Development Areas to other development authorities and/or local bodies and/or local authorities

Notwithstanding anything contained herein, the Authority may, with the prior approval of the State Government and in such manner as may be prescribed by rules and/or regulations made in this behalf, hand over the operation, maintenance and administration of the completed development projects and/or activities under this Act and/or the whole or any part of a notified Satellite City Development Area to local municipal corporations, development authorities and other local authorities, subject to such terms and conditions as may be prescribed made in this behalf.