Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
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20. Allotment <strong>of</strong> land for CETP under the<br />
provision 3.1 <strong>of</strong> the 'Policy Package for<br />
Micro, Small and Medium Enterprises,<br />
2008', announced by the State Govt<br />
21. Allotment <strong>of</strong> up to 350 sqm. land, to the<br />
Commissioner Industries for setting up <strong>of</strong><br />
Weights & Measurement Laboratories, as<br />
per requirement.<br />
22. Allotment <strong>of</strong> land for the purpose <strong>of</strong> setting<br />
up <strong>of</strong> a Government School, if the plot is<br />
carved out in the service area (non saleable<br />
area).<br />
At 50% <strong>of</strong> the prevailing rate <strong>of</strong><br />
development charges <strong>of</strong> the Industrial<br />
Area concerned.<br />
(Inserted in pursuance <strong>of</strong> the decision by the<br />
IDC w.r.t. item (14) <strong>of</strong> its meeting held on<br />
15.4.2008)<br />
Free <strong>of</strong> cost.<br />
The Department will be exempt from<br />
payment <strong>of</strong> service charges; however, it<br />
will pay economic rent (lease rent) as<br />
per rules.<br />
Managing Director is authorized to<br />
approve the allotment <strong>of</strong> land free <strong>of</strong><br />
cost, at an annual lease rent (economic<br />
rent) <strong>of</strong> Re.1/-.<br />
(Inserted / Amended as per BOD decision taken vide item 2 on 6.8.98 and IDC decisions taken vide item 7, 4, 4,<br />
14, 5&18 and 4 on 18.11.1998, 21.5.1999, 28.4.2000, 13.11.2000, 7.12.2000 and 14.2.2002 respectively. Sub-<br />
rule 3-G-5 amended as per decision by IDC vide item 32 <strong>of</strong> its meeting held on 15.4.2008 and further amended<br />
vide item14 <strong>of</strong> the meeting held on 27.2.2009. New proviso at S.No. 21 and 22 inserted as per approval by the<br />
IDC vide item 6 & 7 <strong>of</strong> the meeting held on15.9.2009. Amended as per item 8 <strong>of</strong> IDC meeting held on<br />
18.10.2010) )<br />
3(H). Allotment <strong>of</strong> <strong>Land</strong> to State / Central Government Departments/Organizations for<br />
Residential/ Commercial use- shall be made as under:<br />
1. At two times <strong>of</strong> the prevailing rate <strong>of</strong> development charges if the land is put to<br />
residential purpose.<br />
2. At four times <strong>of</strong> the prevailing rate <strong>of</strong> development charges if the land is put to<br />
commercial purpose.<br />
3. The Managing Director shall decide the nature <strong>of</strong> activity.<br />
(Inserted as per IDC decision taken vide item 8 on 28.6.1997.)<br />
3(I-a) Allotment <strong>of</strong> land to Industries Associations in the industrial areas may be made in<br />
the following manner:<br />
1. <strong>Land</strong> measuring up-to 500 sq. mtr. to one Industries Association in the industrial area,<br />
depending upon their representative nature, involvement in industrial development etc.<br />
may be allotted for construction <strong>of</strong> the Association building:<br />
(i) At Re.1/- per sqm. if a minimum investment <strong>of</strong> Rs. 500 crores has been catalyzed<br />
in the area.<br />
(ii) At 50% rate <strong>of</strong> development charges where Rs. 500 crores investment has not<br />
been catalyzed in the area.<br />
(iii) <strong>Land</strong> over and above 500 sq.mtr. shall be allotted at full prevailing industrial rate.<br />
2. <strong>Land</strong> for other Industrial Associations may be allotted on the rate <strong>of</strong> development<br />
charges <strong>of</strong> the area.