Wednesday, February 22, 2017

HSIIDC invites application for allotment of 106 industrial plots

CHANDIGARH, FEB 22
The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has invited online applications for allotment of about 106 industrial plots of different sizes under prestigious project category in various Industrial Model Townships (IMTs) and industrial estates.
          While stating this here today, a spokesman of the Corporation said that new provisions have been introduced by the Corporation under which there would be no forfeiture of interest and penal interest on surrender or resumption of plot. The minimum investment criteria is Rs 50 crore for category A estate, Rs 40 crore for category B estate and Rs 30 crore for category C estate.
          He said that the total industrial plots included 18 plots at IMT Rohtak Phase-I, two plots at Industrial Estate (I.E.) Bahadurgarh and Sector 16; one plot each at G.C. Saha Phase-I and EPIP, Kundli, Phase-III; four plots at I.E. Barhi, Phase I and III; one plot at Mega Food Park, Rai Phase-II; 18 plots at I.E. Panipat; four plots at I.E. Panipat (Textile HUB); 27 plots at IMT Faridabad, Sector 68 and 69; 26 plots at IMT Bawal; one plot at U.V. Gurugram, Sector 35, Phase-VII, Gurugram and three plots at IMT Manesar, Transport HUB. The tentative size of plots varies between one acre and five acres, he added.
          He said that the rate of interest on plot cost has been reduced from 12 per cent to 11 per cent. He said that there would be no enhancement after issuance of regular letter of allotment. No permissions would be required for mortgaging plots and self-certification of building plans. He said that there would also be reduction in minimum construction norms.
          The spokesman said that details of plots offered are available on geo reference mode given on the website www.hsiidc.org.in. He said that transparent procedures would be adopted for allotment of industrial plots. He said that the land requirement would be justified with value of land preferably not to exceed 60 per cent of total fixed capital investment. He said that the investment in machinery would not be less than 20 per cent of total fixed capital investment. In case, number of applications received for a particular size is more than the number of plots,
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