Land Department

  • Time limit Extension for Obtaining OC- Identify the reasons for the delay in obtaining the OC. These reasons should be genuine and supported by relevant documentation, such as delays in construction due to unforeseen events or regulatory approvals
  • Mortgage Consent- Mortgage consent is the approval required from a land or property development authority, such as MIDC, when an owner or leaseholder intends to mortgage their property to a financial institution or lender as collateral for a loan. This process ensures that the property developer or owner complies with the rules and regulations set forth by the authority and helps protect the interests of all parties involved.
  • Final Lease- The first step is to apply for an industrial plot through the designated application process of MIDC. Once your application is accepted, and you meet the eligibility criteria, MIDC will allot you a plot based on availability and your proposed project’s suitability.
  • Plot Transfer- The transfer can occur through various means, such as outright sale, assignment, sub-lease, or any other legally recognized method of transfer
  • Change in Company Name- The first step is to obtain the approval of the company’s board of directors for the change in the company name. This approval is usually documented in the form of board meeting minutes.
  • Plot Sub-letting– When a company or individual is allotted an industrial plot by MIDC, they are expected to use the plot for their own industrial or commercial purposes as specified in the agreement. Sub-letting the plot to another party would be considered a violation of the original lease agreement terms and is generally not permitted
  • Plot Sub-leasing- When a company or individual is allotted an industrial plot by MIDC, they are expected to use the plot for their own industrial or commercial purposes as specified in the agreement. Sub-letting the plot to another party would be considered a violation of the original lease agreement terms and is generally not permitted.
  • Plot Sub-division- Sub-division refers to dividing a larger plot into smaller plots, and this process can potentially impact the overall layout and planning of the industrial area. To maintain proper infrastructure and zoning, industrial development authorities like MIDC usually have strict policies against sub-division of allotted plots
  • Predetermined Lease- These terms may include the plot size, lease period, rent, escalation clauses, and other relevant provisions. When an applicant applies for a plot, they might have to accept these predetermined lease terms if their application is successful.
  • Plot Amalgamation- The process of combining two or more smaller industrial plots into a single larger plot. This practice is often done to create a larger contiguous area for a more significant industrial project or to accommodate the expansion of an existing facility.
  • Change in Land Use- This change may be required if the original intended use of the land is no longer viable or if there is a need to adapt to changing economic or market conditions. However, it’s important to note that changing land use is subject to regulations and approvals by the relevant authorities.
  • Surrender of Plot- If a company or individual wishes to surrender or return an industrial plot allotted to them in MIDC (Maharashtra Industrial Development Corporation), they can follow a formal process for surrendering the plot. Surrendering a plot may occur for various reasons, such as changes in business plans, financial constraints, or the completion of the intended purpose for which the plot was allocated

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