FAQ
>>
Question
1: What Role does UPSIDC play?
Answer: UPSIDC provides
both developed and undeveloped land
to industry in
its Industrial Areas.
Question 2: Is the land free-hold
or lease-hold?
Answer: Land/Plot is
allotted and then leased out for 90
Years.
Question 3:What are the advantages
of locating industry in UPSIDC industrial
area?
Answer: Several, Important
Ones are:
Title of land is clear and free from
encumbrances;
Industrial areas are provided with
both primary and support infrastructure;
The land is for industrial purpose
thus the time loss on getting non-agricultural
use conversion is avoided;
Allottes enjoy cluster benefits related
to raw material, market, technology,
common services, linkages etc.
Question 4: Are the land price
realistic?
Answer: Mostly the price or
the premium rate is cost based. Thus
premium rate is fixed based on the cost
of acquisition and cost of development.
Considering the type and extent of infrastructure
being provided and liberal provision
of circulation spaces (Roads), greens
parks and and buffers between different
land uses, cost of the land is much
on the lower side in comparison to prevailing
market rates.
Question 5: How do I get the
land allotted?
Answer: Application form can
be obtained from the web site or any
of the offices whose addresses are mentioned
in the website. The application form
is free of cost unless advertised otherwise
and the same application form can be
used for application for any area.
You have to submit duly filled and
signed application form alongwith payment
towards processing fee and earnest money
as per the rate mentioned in the form
itself, brief project report including
details of promotters, financial managerial
& technical strengths & experience,
land utilization plan and documents
relating to applicants constitution.
Application form can be submitted to
the concerned regional offices of UPSIDC
or GM, District Industries Center of
the concerned district .For Industrial
Areas located in fast/very fast moving
areas applications are called for tri-monthly
through advertisement in major newspapers-a
copy of which is also placed on the
web. Eligible Applicants are called
for the interview.
Question 6: Whom to approach
in UPSIDC for information?
Answer: You may approach the
following:-
1) Managing Director.
2) Jt. Managing Director.
3) Chief Engineer/General Manager.
4) Chief Manager, Industrial Area.
5) Regional Managers.
Question 7: Can somebody show
the industrial sites/plots available
for allotment?
Answer: Yes, With prior appointment,
the Junior engineer of the concerned
regional office will show the available
sites.
Question 8: Do I have to pay
the entire cost of the plot in one go?
Answer: The choice is yours.
You can pay in lump some or go for deferred
payment under which balance 75/90 Percent
of the cost is payable in 10/8 equal,
half yearly installments with interest
on reducing balance. However, there
is no discount in premium in case of
lump sum payment.
Question 9: Do I have to buy
land only in existing industrial areas?
Answer: UPSIDC also acquires
large tracts of land for single firm
as per its locational choice. After
acquisition, land is allotted on “as
in basis” i.e. without any development
and leased out for 90 years. Land compensation
and other charges are however payable
in advance in this case.
Question 10: How long does
it take to complete allotment procedure?
Answer: In slow moving areas
where allotments are open on on-going
basis, allotment letter is issued within
30 Days. In fast/Very fast moving areas
IAs, Plots are advertised every Three
months and allotment process completed
in that period.
Question 11: How soon can I
get possession of land?
Answer: Possession of land
will be handed over with in seven days
from the date of execution of the lease
deed. For the latter, payment of up-to-date
dues is necessary.
Question 12: What time do I
get to set up my unit?
Answer: An allottee is given
24 months time from the date of allotment
for completing construction and starting
commercial production, failing which
allotment is liable to be cancelled.
Question 13: Can I get extra
time to setting up unit?
Answer: In the event of reasons
of delay on your part being found genuine
& beyond control, UPSIDC may allow
extra time on payment of fee or without,
depending on the category of the industrial
area. It is, however, advisable to implement
project in time to avoid disappointment
later on.
Question 14: Can I transfer
land to others? Can I change constitution
of the firm?
Answer: Yes. Transfer of land
as well as reconstitution is subject
to policies prevailing at the time of
transfer/reconstitution. Generally,
however, these facilities are permissible
within the time allowed for setting
up industry. In case of utilized plot,
there is no time limit. Besides, you
can also avail of facilities like project
change, addition of product and sub-division
within above time limits. In case of
utilized plot, permission for sub-letting
can also be availed for a portion of
land or entire land.
Question 15: Can I use plot
for residential or commercial purposes?
Answer: No! You must not use
the plot for any purpose other than
that allowed by UPSIDC. While residential
use is never permitted (excepting part
area for essential staff), certain commercial
uses as compatible with the industrial
use and to the extent required in the
area, can be permitted on payment of
100% additional premium on the rate
prevailing at the time of permission.
Some of these are: Warehouse, Restaurant,
Petrol pump, Weight bridge etc.
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