The concept of integrated industrial
township- that has support residential,
commercial and institutional plots has
gained much popularity of-late. The
Corporation has been developing new areas
in the pattern of Integrated Industrial
Township. In these areas residential
institutional and commercial plots exist
conjointly with industrial plots. The
allotment policy for these non- industrial
wherever earmarked thus in the layout are
as follows:-
Table-1: Allotment procedure for
various non-industrial uses :
Sl no.
Type of plots
Category
Very fast moving
Fast moving
Slow moving
1
Individual-Residential
Advertisements are issued periodically in major newspapers and Corporation website, calling applications. Allotments are made upon drawing lottery amongst the applicants
Advertisements are issued periodically in major newspapers and Corporation website, calling applications. Allotments are made upon drawing lottery amongst the applicants
Advertisements are issued periodically in major newspapers and Corporation website, calling applications. Allotments are made upon drawing lottery amongst the applicants
2
Group Housing
Advertisements are issued in major newspapers and Corporation website, calling bids above a reserve price. Allotments made on the basis of the bid policy.
Advertisements
are issued in major newspapers and Corporation website, calling bids above a reserve price. Allotments made on the basis of bid policy.
Advertisements
are issued in major newspapers and Corporation website, calling bids above a reserve price. Allotments made on the basis of bid policy.
3.
Institutional
Advertisements are issued periodically in major newspapers and Corporation website, calling applications on a fixed allotment price. Allotment to those found suitable in the interview.
Advertisements calling applications on a fixed allotment price. Allotment to those found suitable in the interview.
Advertisements calling applications on a fixed allotment price. Allotment to those found suitable in the interview.
4.
Commercial
Advertisements are issued calling bids above a reserve price. Selection made on the basis of the bid policy.
Advertisements are issued calling bids above a reserve price. Selection made on the basis of the bid policy.
Advertisements are issued calling bids above a reserve price. Selection made on the basis of the bid policy..
Generally the corporation fixes/ revises industrial and Individual residential rate for the land and rates for other non- industrial uses are derived from the this fixed rate by multiplying it with the multiplier. The base rate of industrial or residential is used depending upon the location in which the particular non- industrial plot is falling. The multiplier for deriving Allotment premium rate or reserve price (as per requirement) for various non- industrial uses is as below-
Table 2 : Multiplier for deriving Allotment premium rate or reserve price (as per requirement) for various non- industrial uses
Sl no.
Type of use
Multiplier for curent rate for determining Allotment premium rate/ reserve price for various uses
Industrial
Residential
NCR and very fast moving areas
Slow Moving Areas
NCR and very fast moving areas
Slow moving areas
1.
Industrial
1.0
1.0
-
-
2.
Individual residential
-
-
1.0
1.0
3.
Group housing
-
-
1.0
1.0
4.
Institutional-educational
1.0
1.0
1.0
1.0
5.
Institutional-others
1.25
1.0
1.25
1.0
6.
Commercial
2.5
2.0
2.5
2.0
Conversion of use
The Corporation has a relatively flexible policy for allowing change in land use of allotted industrial use plots for service, commercial and institutional use. The proposals In this regard are examined by the UP State Industrial Development Authority (UPSIDA) which is the regulatory body for all the notified land belonging to UPSIDC. UPSIDA allows the proposed change if the provisions for the proposed use are not getting satiated by the existing provisions, the same is found compatible to the surrounding located units and sustainable in context of the available infrastructure. The Corporation charges impact fee to compensate for the enhanced Floor Area Ratio of the proposed use based on the following formula-
Impact fee =I.F.=
A x P x (Pfar-Ifar)
Ifar
where I.F. =Impact Fee A =Area of plot in sq mtrs Ifar= Present allowed Industrial Floor Area Ratio (FAR) P = Present premium rate in sq mtr Pfar= FAR for the proposed use
The minimum impact fee where FAR for proposed use is greater than FAR for the industrial use is the minimum premium rate/ reserve price as depicted in Table 2 for the use in case of allotment for the use.
