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Category Archives: Real Estate
What is Subletting; Midc Subletting penalty
What is subletting; Midc subletting penalty and Avoiding Subletting Headaches The MIDC is crucial in establishing industrial areas across the state. Regarding leasing plots within these areas, there are specific regulations regarding subletting. Breaching these regulations can result in penalties for businesses. What is Subletting? Subletting refers to a situation where a lessee (someone who has leased a property) grants permission to another party …
Building Completion Certificate (BCC) for MIDC Plots
The Building Completion Certificate (BCC) is a crucial document issued by the Special Planning Authority (SPA) of the Maharashtra Industrial Development Corporation (MIDC) for industrial, commercial, and residential plots. It verifies that construction adheres to approved plans and complies with building regulations.Obtaining a BCC for MIDC PlotsPlot Lease: MIDC grants plots for a 95-year lease.Development and BCC Timeline: Plot holders must develop their plots …
Required documents for acquiring a MIDC plot
Required documents for acquiring a MIDC plot The required documents for acquiring a MIDC plot can vary depending on the specific allotment method and your eligibility. However, there’s a general list of common documents you might need: Proof of Business Registration:For companies: Incorporation Certificate (INC), Memorandum of Association (MOA), and Articles of Association (AOA).For partnership firms: Partnership Deed. Project Details:Detailed Project Report (DPR) outlining …
Best Real Estate Broker, Navi Mumbai
The best real estate broker goes beyond just finding properties. They act as a trusted advisor throughout the entire commercial leasing process. Here’s a breakdown of their key roles and responsibilities: Leadership and Management:Overseeing daily operations: They ensure the smooth running of the brokerage, including managing staff and resources.Recruiting and training agents: Top brokers build strong teams by identifying talented individuals and providing them …
Secured industrial complex in Navi Mumbai
Raheja Tesla Industrial: Secured Industrial Complex in Navi Mumbai Strategic Location & Excellent Connectivity: Raheja Tesla Industrial is a strategically located industrial complex situated in Navi Mumbai, Maharashtra. Excellent connectivity to both Mumbai and Navi Mumbai. Road: Situated near the Sion Panvel Highway and Thane Belapur Road, ensuring smooth transportation of goods and personnel.Air: Close proximity to Chhatrapati Shivaji Maharaj International Airport (Mumbai Airport) …
Plutonium Business Park
Location: Property Type: Building Features: Office Space: Retail Space: Amenities:Gymnasium, Landscaped areas, Cafes, Breakout zones, 100% power backup Developer: Plutonium Group Benefits for Businesses:
APMC – Agricultural Produce Market Committee
APMC (Agricultural Produce Market Committee) markets are government-established market committees in India that play a crucial role in regulating the agricultural produce trade. These markets aim to protect the interests of farmers by providing a centralized marketplace and regulating the selling process, ensuring that farmers receive fair prices for their produce and preventing exploitation by intermediaries. In addition to this, APMCs establish and manage …
MIDC Transfer Charges; calculation & meaning?
Understanding MIDC Transfer Charges What are MIDC Transfer Charges? When ownership of an industrial plot allocated by MIDC (Maharashtra Industrial Development Corporation) is transferred to another party, a transfer fee is levied by MIDC. This fee helps regulate industrial development within the corporation’s jurisdiction. Types of Transfers: There are two main types of MIDC plot transfers: Calculating Transfer Charges: The transfer fee amount depends …
TTC Industrial Area; TTC MIDC
TTC Industrial Area, Its Thane Turbhe Creek (TTC) Industrial Area, also known as the MIDC TTC Industrial Area. A well-established industrial hub located in Navi Mumbai, Maharashtra, India. additional information about it: Key features: Developed infrastructure: TTC boasts well-maintained roads, water supply, drainage systems, and power supply, making it an attractive location for businesses. Excellent connectivity: The area is conveniently connected to major transportation arteries. This …
Document required for Try party agreement
Document required for Try party agreement. Here are the documents generally required for such a scenario: Mandatory Documents: Copy of registered Lease Deed: This proves your ownership or leasehold interest in the MIDC plot.Authorization letter for the applicant: If you appoint someone to act on your behalf, this letter authorizes them.Detail loan sanctioned letter by the financial institution: This specifies the loan amount and plot details.No Objection …