Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
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the 5 years period. However, provision <strong>of</strong> rule 18 shall also be observed in such<br />
cases.<br />
(viii) The transferor <strong>of</strong> the plot would submit No Objection Certificate from the secured<br />
charge holders to whom the title deed has been mortgaged. A specific condition<br />
shall be laid down in the letter <strong>of</strong> transfer that, <strong>RIICO</strong> shall not be liable for any<br />
dues <strong>of</strong> Government Departments / Organizations / Companies or Financial<br />
Institutions.<br />
(ix) Entrepreneurs belonging to Ex-serviceman and War Widows category may be<br />
allowed to take blood relatives in partnership provided the allottee eligible for<br />
concession holds major share in partnership (minimum 51%) both in capital and<br />
distribution <strong>of</strong> pr<strong>of</strong>its.<br />
(x) The Sr. DGM / Sr. RM / RM are fully authorized to permit change in constitution<br />
and transfer <strong>of</strong> land under <strong>Rule</strong> 18.<br />
(xi) The allottees seeking / informing changes in the constitution <strong>of</strong> firms/companies or<br />
transfer <strong>of</strong> plot shall submit the letter alongwith registered documents, related to the<br />
changes/transfer.<br />
(xii) In case <strong>of</strong> change in constitution <strong>of</strong> firm / transfer, stamp duty if payable under the<br />
stamp laws in Rajasthan, the same will be borne by the allottee concerned.<br />
(xiii) Khatedar allottee shall be permitted to transfer the vacant plot.<br />
(xiv) The transferee who has purchased the land/plot from the khatedar allottee<br />
shall not be permitted to transfer the vacant land.<br />
(Inserted/amended as per decision taken by the IDC on 16.3.2001, 20.05.2004 &21.10.05<br />
and vide item12 <strong>of</strong> its meeting held on 27.10.08. Firther amended vide item 5 <strong>of</strong> the<br />
metting held on 30.7.10 )<br />
18(e) Transfer <strong>of</strong> Industrial Plot forTelecom Services:<br />
Allottees <strong>of</strong> industrial plots may be permitted to transfer / use the allotted plot<br />
for setting-up telecom infrastructure related service, on payment <strong>of</strong> a premium<br />
@ 5% <strong>of</strong> the prevailing industrial rate if the plot is located in saturated<br />
industrial area. However, no premium shall be charged for such transfer if<br />
plots are located in non-saturated industrial areas at the time <strong>of</strong> the transfer.<br />
18(f) Exchange <strong>of</strong> Plots:<br />
(f-i) Mutual Exchange <strong>of</strong> Plots:<br />
Exchange <strong>of</strong> allotted industrial and residential plots <strong>of</strong> same size among<br />
allottees in the same industrial area/ residential colony can be allowed without<br />
charging any premium.<br />
(f-ii) Exchange <strong>of</strong> allotted industrial plot with vacant plot in the industrial area<br />
with a view to resolve the dispute:<br />
a. In case <strong>of</strong> plot allotted through normal procedure and the plot allottee is not in<br />
position to commence activities due to land dispute, then equivalent size vacant<br />
plot may be allotted on original allotment rate in the same area provided the<br />
area is non-saturated industrial area and if no such plot is available in the said