MIDC or INDUSTRIAL LAND CONSULTING

Maharashtra Industrial Development Corporation (MIDC) is a project of the government of Maharashtra state in India and is the leading corporation of Maharashtra.

It provides businesses with infrastructure such as land (open plot or built-up spaces), roads, water supply, drainage facilities and street lights.

ALLOTMENT SYSTEM

The MIDC has developed huge infrastructure along the sideways of several National Highways and State Highways.
Now the question arises for the MSME is how to –

- Which MIDC area should the manufacturing MSME unit be set up?

- How can the cost of investment in land be optimised so that the overall running cost of the manufacturing MSME unit is minimised?

- Can the manufacturing MSME unit source skilled manpower in the MIDC area?

- Can the manufacturing MSME unit get ample water supply in the MIDC area?

- Can the manufacturing MSME unit get the uninterruptible electric power supply in the MIDC area?

- What and how will be the availability of transport facilities from the MIDC area?

- Whether the manufacturing MSME unit will get the Environmental Clearance for the unit in MIDC area?

And the queries for aspirant MSME unit goes on and on

Our skilled and dedicated team with the basic values of RIARAO provide optimized solutions tailored as per the vision of our client and assisting to transform the complex vision into The Growing Reality.

So to remove the MSME manufacturing unit from such quagmire and Nurture Growth our skilled and dedicated team with the basic values of RIARAO provide Optimized Solutions tailored as per the vision of our client and assisting to transform the complex vision into The Growing Reality.

We at Rathi Associates understand the MSMEs’ requirements and support in making decisions by providing the MSMEs with the best and transparent Land Consultancy. We provide end to end solutions and consultancy services to the MSME enterprises facing pre and post commencement regulatory and compliance issues with MIDC and various other Government departments for their industrial set ups, catering to both Manufacturing and Service Enterprises located in various industrial areas of Maharashtra.

Furthermore to save time and make the allotted or transferred industrial land legally in use our agile team organise and co-ordinate effectively and transparently to complete the processes for the stamp duty exemption, adjudication, registration of agreement to lease, sourcing necessary permissions, mortgage consent, building plan approvals, transfer of MIDC plot which relieves our clients from the unproductive processes.

We at Rathi Associates ensure timely commencement of factory unit production by providing seamless and hassle free MIDC land and building consultancy to ensure the Enterprise gets the timely possession of MIDC land and timely approval of Occupancy Certificate (BCC) for factory building.

Since 2016 the land allotment, land transfer, BCC (Building Completion Certificate) and other land and building associated approvals are processed through online applications and online e-bidding or online auction as pre-defined by MIDC.

We provide consultancy in industrial land, MIDC land plot, midc land allotment, midc land transfer order, midc sub-let, Building Completion Certificate (BCC).

Why Rathi Associates?

1. Processes organized and carried out with respect to “RIARAO” (hyperlink).
2. Authentic consultancy ensuring seamless operations of the MSME unit.
3. Optimization of land location selection.
4. Professionally preparation of documents.
5. Professionally filing of documents.
6. Single Window Clearance services.
7. Saving in time.
8. Saving in cost.
9. MSME unit can focus on its core competencies.

The Land in MIDC can be sourced by two ways –

A] Direct allotment from MIDC –

Brief Guidelines on Land Allotment System –

As per MIDC's Disposal of Land Regulations, 1975 and as per guidelines issued in accordance with the decisions taken by Board of MIDC / Chief Executive Officer, MIDC, allotment of plots/sheds/galas in industrial areas developed by Maharashtra Industrial Development Corporation is made to the needy entrepreneurs. Following are important systems of land allotment.

B] Lease transfer from existing lease rights owner –

Formal Transfer –

1. Formal Transfers where minimum transfer charges will be charged:-

1. The plot holder wants to change the constitution and include his blood relations or close relations (i.e. husband / wife / sons / daughters / father / mother / brothers / sisters or removal of any person) excluding the legal heir.

1. The transfers due to death or by bequeath / will / heirship

1. All involuntary transfers including amalgamation, demergers etc. under the direction of the Competent Court / Tribunals / Government Body.

1. Transfer from promoter of the Co-op. society to the Co.op. Society registered under Maharashtra Co.op. Society Act.

• Formal Transfers where no fee / premium will be charged:-
1. Transfer from promoter of the proposed private limited company to private limited company incorporated by the promoter within stipulated time period

1. Change in the name of the proprietary concern / partnership firm, without changes in the individual proprietor / partners or change in the name of the limited company under the provisions of the Companies Act 1956. or where there is change of management of the limited company not involving transfer of interest in the land/Shed/gala there being no transfer of interest.

Non-Formal Transfer

Any transfer which do not fall under the category of Formal Transfer will be treated as Non-Formal Transfer and the same will be permitted subject to recovery of differential premium as mentioned below:-

1. Where the Licensee / Lessee has constructed or consumed minimum 10% FSI of the plot area such transfer will be permitted on recovery of 10%of the differential premium.

1. Where the condition at above is not fulfilled in such transfer will be permitted on recovery of the 30% of the differential premium.

Following transfers shall be treated as Non-Formal Transfer:-

1. Inducting Individual not being Blood Relations.
• The Changes in Partners not being Blood Relations.
• Transfer from Proprietor to Partners of the Partnership Firm not to the Blood Relations.
• Promoter to Proposed Partnership.
• From Proprietor or Partnership to the Private Limited Company / Limited Company.
• From Holding to Subsidiary or from One Subsidiary to another Subsidiary of the Same Holding Company.
• From one Limited Company to another Limited Company.
• From Private Limited Company to Individual or Partners of the Partnership Firms.