Why invest in MIDC

Maharashtra Industrial Development Corporation (MIDC) is the nodal investment promotion agency under the Government of Maharashtra. It provides businesses with infrastructure such as land, roads, water supply, drainage facilities and streetlights etc.

Key Activities

Special Planning Authority

Strong network of local authorities

Link between Govt. and Industry

Acquisition and disposal of land

Providing support Infrastructure

One-stop for Investors Relations

MIDC | Magnetic Maharashtra 2.0

Investment Intentions Signed

Under the leadership of the Hon’ble Chief Minister and Hon’ble Minister of Industries, the Industries department along with MIDC signed 54 MoU’s with key investors in the months of June, November and December 2020

Total
₹ 1,12,939 Cr
₹ 2,93,292 Jobs

In addition to investment MoU’s, Industries Department, GOM has also signed strategic investment cooperation agreements with key corridor partners such as USISPF (US-India Strategic Partnership Forum) for USA, KOTRA (Korea Trade-Investment Promotion Agency) for South Korea, UKIBC (United Kingdom – India Business Council) for the UK and WAIPA (World Association of Investment Promotion Agencies) for Global investors

Investors Guide

Where can I apply for the land?

The Investors can submit applications for Land allotment via
‘Direct’ and ‘e-Bidding’ process

Click Here

What are the charges associated with land application?

Following charges associated with Land Allotment Application:

1) Processing Fee (Valid for All types of Land Allotments): As per the table below: + 18% GST

Sr. No. Demanded Area Application & processing fee for allotment (In Rs.+GST)
1. Up to 10,000 sq. m.      area 10,000/-
2. 10,001 to 20,000 sq. m. area 20,000/-
3. 20,001 to 40,000 sq. m. area 40,000/-

2) Application Advance (Valid for Direct and e-Bidding allotment):

Calculation of 5% Earnest Money Deposit (EMD):
Earnest Money Deposit = Prevailing industrial premium rate per sq.m.(X) Area required (X) 5%

What are the documents required

Detailed Project Report (DPR)
Constitution of the Applicant
Block Plan
And other documents as applicable

What are the applicable modes of payment?

The Processing Fee and application advance to be paid online.

The online payment can be made via NEFT/RTGS/Net Banking/Credit Card/Debit Card/UPI.

Who will process my application?

All the applications received through ‘Direct allotment’ & ‘e-Bidding’ will be scrutinized by members of Land Allotment Committee (LAC).

Further all applications for space in IT parks will be processed by
the head office.

Land Allotment Committee (LAC) Meeting

The meeting of LAC will be held after scrutiny of DPR by respective authorities. The invitation for the online LAC meeting will be sent to the applicants via email.Any Decision taken by the LAC is final.The approved minutes of the Land Allotment Committee meeting will be published on the MIDC website.For the plots which are in e-Bidding process will be allotted to the highest bidder (H1) after the bid documents have been scrutinized by respective authorities and on approval of report of committee by Jt. CEO, MIDC.

Who will issue?

System generated Offer Letter will be issued to the Investor once the application is approved by LAC.

What will it contain?

The offer letter is an ‘in-principle’ communication to offer you land subject to conditions.

For Direct Land Allotment –
The applicant who is qualified and is offered plot of land an offer letter will be issued to that applicant asking him to pay 25% EMD within 15 days from the date of receipt of the offer letter.

For e-Bidding Land Allotment –
The applicant who is the H1 bidder for the given plot and has paid 5% Application Advance, an offer letter will be issued to that applicant asking him to pay 20% EMD within 15 days from the date of receipt of the offer letter

What if I am unable to make the payment within the stipulated period due to unforeseen circumstances?

In case the applicant is unable to pay EMD within the stipulated time, MIDC may extend the time limit for a further maximum period of 15 days on the request of applicant.

In such cases, the applicant can apply for extension for payment of EMD online on Land Allotment System using this link https://milaap.midcindia.org

The extension will be granted only under valid circumstances.

The extension granted will be a maximum of 15 days and interest will be added day-by-day. (The interest percentage is fixed yearly and published on the portal)

Who will issue?

System generated Allotment Order will be issued to the Investor once the EMD paid.

What does it mean?

The applicant will now be required to pay the balance amount, referred to as the Balance Occupancy Premium (BOP)

By when?

The applicant will be required to make payment of BOP within 30 days from the date of receipt of the Allotment Order online.

What if I am unable to make the payment within the stipulated period due to unforeseen circumstances?

In case the applicant is unable to pay within the stipulated time, Applicant must make application for extension for payment. MIDC may extend the time limit for a further maximum period of 150 days. In such case, you will be required to pay the delayed payment charges on the BOP amount.Effectively, you may get a maximum period of 180 (30+150) days from the date of receipt of the allotment letter to pay the BOP, subject to approval.

More details
After you make the payment towards BOP, MIDC will give you a draft of the Agreement of Lease. You will need to approach the Jt. Director of registrar and pay the necessary stamp duty. The Agreement will be executed between MIDC and yourself.

How and from whom?

After executing the Agreement to Lease (A to L), MIDC will depute a surveyor with you to visit the site. He will carry a copy of the site plan of your plot which has also been attached to the agreement to Lease. He will measure the dimensions of the plot in your presence and mark it. Once you are satisfied with this measurement and location, a plot handover/ takeover document will be signed between the Surveyor (on behalf of MIDC) and yourself/ your representative.

How much can I build?

You can construct an Industrial building as per MIDC CDCPR-2023.

Who will approve my plan?
You need to submit a building plan with all details and documents to the online on BPAMS portal through your
appointed Architect. (You can obtain a checklist of all these documents online).Special Planning Authority (SPA) will scrutinize the plan received online at his desk and if found in order, challan will be generated & after successful payment by you, a commencement certificate will be issued. You should get approval within 35 days from the date of application submission.

How much time do I have?

You will need to complete the construction of the proposed factory building and commence production within a specified time period as per Circular dated 21.06.2019 & 17.04.2004. This time period varies depending on the class of Industrial Area (Revenue Classification) The currently the time period is as under:
“A” Zone: 3 Years from the date of actual possession
“B” Zone: 3 Years from the date of actual possession
“C” Zone: 5 Years from the date of actual possession
“D” & “D+” Zone: 7 Years from the date of actual possession

Who will give Occupancy Certificate?

Once you complete the construction work as per the approved plan, you must make online application through SWC portal of MIDC. After necessary site inspection by SPA (if required), the Occupancy Certificate will be issued by concerned SPA.

Execution of Final Lease

Once Occupancy Certificate is received, applicant can execute final lease.

Further services

Any other services on the plot can be applied using the Single Window Clearance Systems of MIDC, refer to this link
https://services.midcindia.org/services/

Detailed Guidelines on Land Allotment System of MIDC can be referred here

Land application yearly schedule can be referred here

How to get a Plot in MIDC

Head Office

"Udyog Sarathi”,Marol Indl. Area,
Mahakali Caves Road,Andheri (East),
Mumbai – 400 093.
Tel: 022-47488312/47484699/47484679
GST No: 27AAACM3560C1ZV

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