- Identify the industrial land requirement: The first step is to identify the specific industrial land requirement, including the location, size, and other specifications.
- Contact the local Industrial Corporation: The next step is to contact the local government authority either through their website or in-person to express your interest in acquiring industrial land.
- Application: The applicant needs to fill out the application form with all the necessary details.
- Site Visit: The Industrial Corporation may arrange a site visit for the applicant to view the available industrial land and choose the desired plot.
- Payment: After selecting the plot, the applicant needs to pay a non-refundable deposit and a token amount to reserve the plot.
- Allotment Letter: Upon receipt of the payment, the industrial corporation will issue an allotment letter to the applicant.
- Lease Agreement: The applicant needs to sign a lease agreement with industrial corporation that includes the terms and conditions of the lease, lease period, rent, and other charges.
- Final Payment: The applicant needs to pay the balance amount as per the terms of the lease agreement.
- Possession of Land: After the final payment, Industrial Corporation will hand over the possession of the industrial land to the applicant.
The process of acquiring industrial land may vary depending on the specific location and other factors.
It is advisable to consult with a local expert like Lock N Keys to understand the legal and regulatory requirements involved in the process & fast track the process.
