Disposal of Land Rule - RIICO

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(vi) Land shall not be used for any other purpose except for the purpose it is set apart. (Decided by IDC vide item 3 in the meeting held on 12.08 2005) 3(W). Industrial land allotment on 'on going basis' in certain special cases in all the industrial areas. (A) Preferential allotment of industrial land will be made in the following cases on 'on going basis' in all the Industrial Areas, dispensing-with the requirement of inviting expression of interest/applications etc. through advertisements in newspapers: (i) The industrial projects envisaging minimum investment of Rs.20 crores. The cost of project means investment on land, building, plant & machinery and miscellaneous fixed assets. However, for evaluation purposes, the land and building cost should not exceed 20 % of the total cost of project. (ii) Projects being set up by Non Resident Indians ( NRIs )/ Persons of Indian Origin (PIOs) and Other Corporate Body (OCB) (iii) Projects with 33% or more Foreign Direct Investment (FDI) in total investment. (iv) Allotment of land for IT Industry (manufacturing and software development) (B) The land allotments to the applicants/projects as specified above, will made as under: (i) Any proposal under this rule will be submitted in the Land Allotment Application Form A- Pref. alongwith Form A-III appended with this Form in these Rules and will be examined by BP Cell, Finance Cell and P&D Cell before submitting to the Constituted Committee and will also be appraised by the ‘Appraisal Cell (HO).’ (ii) The proposal will be supported with project report, relevant documents and quotations etc. duly signed by authorized person and demand draft towards the requisite keenness money. The amount of keenness money will be deposited as an advance from the customer. In case of rejection of the application the amount of keenness money will be refunded without any interest. (iii) Time limit for commencement of production will be two years to be reckoned from the date of allotment and shall be specified in the letter of allotment. (iv) Time limit for commencement of production will be extended only when there has been delay in handing over the possession of land by RIICO free from encumbrances, delay in obtaining environment clearance / other regulatory clearances which may be beyond control of the allottee, court case/pending litigation. (v) For such preferential allotments, generally no time extension for commencement of production will be allowed. However, in genuine cases time extension may be considered by the constituted Committee under this rule.
(vi) No sale,sub-division,transfer of plot shall be permissible before commencement of commercial production and investment of the envisaged amount have to be made on the plot/land , as per the project submitted by the applicant at the time of seeking allotment of land under this rule.. (vii) The allotment of land will be done by a Sub-Committee of the Board comprising of Commissioner, Industries, Commissioner (BIP), and Chairman & Managing Director. RFC and Managing Director, RIICO. The quorum of this constituted committee would be three members present in person. (viii) If an allottee fails to fulfill the obligation of the terms and condition of the allotment related to utilization of land, investment as per the project report etc. within the stipulated /extended period, as the case may be, the allottee shall be required to pay the corporation additional cost of land to be calculated as per under: The additional cost of land = Allotted land area x (Highest auction rate of industrial plot of industrial area concerned – Rate of allotment). (C) Notes and Explanations/definations: 1. The provision of recovery of additional cost of land as mentioned above shall be applicable retrospectively, i.e on all previous allotments made under this rule after 1.4.2010. 2. Allotment of land will be considered subject to fulfillment of other criteria and availability of land. 3. Definition of NRI/PIO will be as describe in the Income Tax Act (section-6) and defination of OCB will be as under : "Overseas Corporate Body" (OCB) means a company, partnership firm, society and other corporate body owned directly or indirectly to the extent of at least sixty percent by nonresident Indian and includes overseas trust in which not less than sixty percent beneficial interest is held by non-resident Indian directly or indirectly but irrevocably and which was in existence on the date of commencement of the Foreign Exchange Management (Withdrawal of General Permission to Overseas Corporate Bodies (OCBs) Regulations, 2003 (the Regulations) and immediately prior to such commencement was eligible to undertake transactions pursuant to the general permission granted under the Regulations". 4. In case of NRI, PIO and OCB, the entire amount of land cost has to be remitted either through NRE Account of the applicant or remittance from abroad/in foreign exchange, as the case may be. 5. Minimum fixed capital investment limit in case of preferential allotment of land under this Rule to the projects being set-up by NRI/PIO/OCB/FDI and IT industry shall be Rs. 10.00 crores. 6. For evaluation purposes of the fixed capital investment, the land and building cost should not exceed 20% of the total cost of project. 7. For the preferential land allotments made under this rule, balance 75% cost of land will be paid with in 90 days from the date of the land allotment , strictly and no time extension will be considered. Moreover in these cases facility to pay the
Page 1 and 2: RAJASTHAN STATE INDUSTRIAL DEVELOPM
Page 3 and 4: 3. APPLICATION FORM Entrepreneur de
Page 5 and 6: emains with the women partner(s)/pr
Page 7 and 8: 4.Eligibility Criteria: Any doctor
Page 9 and 10: (xii) The application for land allo
Page 11 and 12: initially at Sitapura, Neemrana, Ba
Page 13 and 14: 3(I-b) Allotment of land at any sin
Page 15 and 16: cheque or rejection letter, as the
Page 17 and 18: Active ingredient identification an
Page 19 and 20: investment on the land as per the o
Page 21: 8) The land/building shall be used
Page 25 and 26: keenness money would not be adjuste
Page 27 and 28: 6. PERIOD OF PROJECT IMPLEMENTATION
Page 29 and 30: Øñ lañ 5. Procedure of Land Allo
Page 31 and 32: ecreational, facilities for sub-lea
Page 33 and 34: Note: (VII) The cases will be place
Page 35 and 36: economic rent, service charges and
Page 37 and 38: installment payment, further intere
Page 39 and 40: 2. Where any strip of land is so lo
Page 41 and 42: 15. RATES , TAXES , CHARGES, CLAIMS
Page 43 and 44: 15(A) (i) On failure to pay the ser
Page 45 and 46: 15(A)(xv) The interest on outstandi
Page 47 and 48: plot and sub-divided plot will be r
Page 49 and 50: (v) (a) In cases where subdivision
Page 51 and 52: as above may also be allowed as per
Page 53 and 54: 18(b) Transfer Fee: (i) Transfer fe
Page 55 and 56: the 5 years period. However, provis
Page 57 and 58: cases of exchange of plot relating
Page 59 and 60: and Development Charges shall be tr
Page 61 and 62: 10000 sqm to 20000 sqm Committee co
Page 63 and 64: (c) Other training Institutes impar
Page 65 and 66: educational institute, chages @ 25
Page 67 and 68: In EPIPs the above permission will
Page 69 and 70: plot those have not set up an indus
Page 71 and 72: 21. TIME PERIOD FOR COMMENCE- MENT
Page 73 and 74:
22. DELEGATIONS FOR LAND ALLOTMENT
Page 75 and 76:
production activity. But in case of
Page 77 and 78:
The cases of charging simple intere
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(b) Appeal: If the review applicati
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25. REFUND OF SECURITY DEPOSIT/ MON
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RIICO THE INDUSTRIAL CATALYST FORM
Page 85 and 86:
FORM A-I PROJECT OUTLINE FOR DECIDI
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GUIDELINES FOR FILLING LAND APPLICA
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Operative expenses. f. Margin money
Page 91 and 92:
FORM A-III GUIDELINES FOR PREPARATI
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FORM A-IV GUIDELINES FOR DECIDING O
Page 95 and 96:
RIICO THE INDUSTRIAL CATALYST FORM
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support the figure of investment in
Page 99 and 100:
Cost of the Project:---------------
Page 101 and 102:
RIICO FORM “C” Industrial Area
Page 103 and 104:
determined by the lessor shall be f
Page 105 and 106:
2 (i) The Lessee will not without t
Page 107 and 108:
Lessee's part to do so, the buildin
Page 109 and 110:
RIICO FORM “D” Industrial Area
Page 111 and 112:
1 ( c ) Yielding and paying thereof
Page 113 and 114:
Authority may impose and will not d
Page 115 and 116:
premises within three months of the
Page 117 and 118:
BUILDING REGULATIONS FORM “E” 1
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( iv ) The utility area in industri
Page 121 and 122:
the construction starts. A completi
Page 123 and 124:
AREAS AND SET BACKS OF SPECIAL TYPE
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11. A 100 0 0 0 00 12. Sp. Abo ve 1
Page 127 and 128:
14. The allottees may be allowed fa
Page 129 and 130:
(i) All Industrial building where h
Page 131 and 132:
(ii) 45 o- eh- ls T;knk ijUrq 112-
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Page 145 and 146:
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Page 147 and 148:
FORM-'E-1.1' Building Parameters/re
Page 149 and 150:
FORM 'E-2' BUILDING PARAMETERS FOR
Page 151 and 152:
Applicable Rates of Economic Rent F
Page 153 and 154:
HANDING OVER OF THE ORGINAL LAND LE
Page 155 and 156:
d. One of the parties of the consor
Page 157 and 158:
g. In case of any default by the al
Page 159 and 160:
(x) REGIONAL OFFICES (Units) S Head
Page 161 and 162:
16. JODHPUIR Regional manager, RIIC
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Disposal of Land Rule - RIICO

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