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TTC Industrial Area; TTC MIDC

Posted by Sushant Bhilare on February 29, 2024
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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 includes the Mumbai-Pune Expressway, the Sion-Panvel Highway, and the Jawaharlal Nehru Port Trust (JNPT). This connectivity simplifies the movement of goods and personnel, promoting efficient logistics and business operations.

Land availability: Leasehold (government) land options are available in TTC, catering to diverse business needs. The total land area of the Thane Creek (TTC) Industrial Area is approximately 2,400 hectares.

Industrial mix: The area houses a mix of industries, including:
IT and IT-enabled services (ITES)
Manufacturing
Commercial establishments

Additional details:

Land pricing: Land prices in TTC vary depending on the type (freehold or leasehold) and location. While official MIDC rates exist, market prices can be significantly higher.

TTC Industrial Rate – Ready reckoner rate – Rs 25,108/- Per Sqmtr
TTC Industrial Rate – Market Rate – Rs. 70,000/- to Rs. 1,25,000/- Per Sqmtr
The rates depend on location to location and property condition.

Floor Space Index (FSI): FSI refers to the permissible built-up area on a plot. The FSI varies for freehold and leasehold land, with possibilities for extension upon payment of premiums.

Most Industrial Plots: The base FSI for most industrial plots allotted by MIDC is 1.0. This means the total built-up area on the plot cannot exceed this ratio of the plot area.

Hotels and Educational Institutions: For hotels and educational institutes on MIDC plots, the base FSI is also 1.0

Maximum Increase: The total FSI, including the base and purchased FSI, can be increased to a maximum of 3.0 in most cases. However, exceptions and specific regulations might apply depending on the type of industry, zone, or specific MIDC development plan.

We specialize in Industrial property transactions. *Whether you’re buying, selling, leasing, or need help with MIDC / MPCB / DISH Factory license documentation* across Mumbai, Navi Mumbai, Thane & Raigad. we can assist or guide you through the process and ensure a successful transaction.

Our dedicated team will be happy to assist you with your needs. Let’s contact us for further details.

Best Regards,
981999 2800 – Amir
981999 2310 – Sushant

One-Stop Industrial Property Solution

help@midcwala.com
www.midcwala.com

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