Disposal of Land Rule - RIICO

(Inserted as per IDC decision vide item 16 on 18.8.2001. Amended as per item 8 of
the IDC meeting held on 18.10.2010)
3(R). Allotment of land for setting up of warehousing facilities:
a) Warehousing, except storage of food grain, will be permitted in inustrial areas
as a supportive and promotional activity. However, warehousing of food grain
will also be permitted to Central/State PSUs in Agro Food Parks only.
b) No rebate shall be allowed in rate of allotment of land to be allotted for
warehousing purposes.
c) The allotment of plot planned for warehousing purposes in all categories of
industrial areas will be made to the Central/State Warehousing
Corporations/Undertakings at prevailing rate of development charges of the
industrial area concerned.
d) The allotment of plot planned for warehousing purposes will be made to the
private applicants at prevailing rate of the development charges in normal
industrial areas, after advertising the availability of warehousing plots in
newspaper(s). In case there being more than one applicants then, the
allotment will be made through draw of lots. However, in saturated industrial
areas, allotments will be made through auction by way of inviting sealed
bids, keeping the reserve rate at par with the prevailing rate of development
charges of the industrial area concerned.
(Inserted as per IDC decision vide item 15 on 18.8.2001. Amended as per item 8 of
the IDC mneeting held on 18.10.2010)
3(S). Policy regarding Housing facility to entrepreneurs and industrial labour in various
industrial areas developed by RIICO.
The Infrastructure Development Committee of the Board of Directors vide item (3) of the
meeting held on 30th April, 2007 have accorded approval to the land allotment policy
related to housing facility to entrepreneurs and industrial workers (Managers / labour etc.).
The aforesaid policy as approved by the IDC is as under:
(a) While planning an industrial area, the Corporation should necessarily create a zone of
residential plots which will contain residential plots for entrepreneurs / managers etc.
A separate zone / block could also be created containing residential plots for group
housing and for construction of LIG houses for the purpose of industrial labour
residing within the industrial area.
(b) The plots earmarked for labour housing will be allotted to the unit holders of the area
particularly to the entrepreneurs who are running an industry, which is labour
intensive. The land will be allotted at a fixed rate to such entrepreneurs who would
create group housing or LIG houses for the labour at their cost and the premises could
be used for the labour on their terms & conditions. The Corporation will decide
building norms for construction of group houses or LIG houses for labour with a view
to make the norms rational and supportive to the cause. The industrial plot holder
should have commenced production in the industrial unit and have employed more
than 20 workers in the industrial unit. The entrepreneur should have also made