Allotment Procedure >>

UPSIDC has categorised the areas into Very Fast, Fast and Slow moving depending on the market demand, industrialisation and infrastructure position. Allotment procedure varies with category. Categorisation of Industrial areas be seen before appreciating the allotment procedure.

Very Fast/Fast Moving Areas Slow Moving Areas
Advertisements periodically in national newspaper calling applications  Applications can be obtained and deposited in Regional offices anytime
Interview of the applicants to check their genuinity and interest Allotments on first come first served basis

Application Procedure

Application form and other documents should be submitted as per details below:

  • Duly filled application form obtainable from Regional office to be submitted in duplicate with the concerned regional office.
  • Project report duly signed to be submitted in duplicate
  • Rough layout plan in duplicate
  • Detail of applicant’s constitution e.g. partnership deed, Article/ Memorandum of association, list of shareholder & director.
  • Bank Draft for Earnest and Processing money as per details given in the application form, in name of UPSIDC Ltd payable at place of deposit of application.

Terms Of Allotment

Terms of allotment vary with the category of Industrial area.

Very Fast/Fast Moving Areas Slow Moving Areas
25% of total amount to be deposited in 30 days 10% of total amount to be deposited in 30 days
Balance 75% in 10 equal 6 monthly installments along-with interest on balance amount After 2 years moratorium, balance 90%in 8 equal 6 monthly installments along-with interest on balance amount
Possession after execution of Lease Deed to be executed within 3 months Possession after execution of Lease Deed to be executed within 3 months
Unit to be brought under production in 2 years covering 30% area Unit to be brought under production in 2 years covering 30% area