Rules and regulations for allotment of MIDC plots
General rules and regulations for allotment of MIDC plots
company or partnership firm must be a registered in India.
You must have a valid industrial license from the government.
development charges and other fees must pay as applicable .
You must sign a lease agreement with MIDC.
You must adhere to the terms and conditions of the lease agreement.
The development charges and other fees vary depending on the location of the land and the size of the plot.
The documents required for acquiring MIDC land vary depending on the location of the land and type of industry.
key documents required for acquiring MIDC land.
Proof of registration: incase a company or partnership firm, you will need to provide a copy of your incorporation certificate. AOA, MOA,
Industrial license: If you are setting up an industry, you will need to provide a copy of your industrial license.
Industrial license: If you are setting up an industry, you will need to provide a copy of your industrial license.
Site plan: The site plan is a map of the plot that shows the proposed layout of the project.
Request letter –
Bank account details: You will need to provide the bank account details
Earnest money deposit: You will need to pay an earnest money deposit, which is usually 10% of the lease amount.
Lease agreement: You will need to sign a lease agreement with MIDC.
In additional documents may required.
Industrial license: If you are setting up an industry, you will need to provide a copy of your industrial license.
Fire safety clearance: If industry required to have fire safety measures in place.
Here are some of the common terms and conditions of MIDC plot allotments:
Lease period: . The lease period is usually 90 years or can be shorter depending on the terms of the lease agreement.
Restrictions on the use of the land: The lease agreement will specify the restrictions on the use of the land.
You should contact the MIDC office for more information.
The process of acquiring MIDC land can be lengthy and complex. You should be aware of the restrictions on the use of the land.
Regards,
Sushant – 981999 2310
help@midcwala.com
One-Stop Industrial Property Solution
www.midcwala.com
