Allotment Procedure >> Industrial

UPSIDC has categorized the areas into Very Fast, Fast and Slow moving depending on the market demand, industrialization and infrastuture position, Allotmrnt procedure varies with category. Categorisation of Industrial areas can be seen before appreciating the allotment procedure.
Very Fast/Fast Moving Areas Slow Moving Areas
Advertisements periodically in national newspaper calling applications  Advertisements periodically in National News Papers calling applications.
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 (priced) obtainable form 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
10% of total amount to be deposited as earnest money 5% of total amount to be deposited as earnest money
15% of total amount to be deposited in 30 days of allotment 5% of total amount to be deposited in 30 days of allotment
Balance 75% in 12 equal 6 monthly installments along-with interest on balance amount After 2 years moratorium, balance 90% in 10 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