1. State Industrial Development Corporations In most Indian states, infrastructure within industrial zones is primarily managed by State Industrial Development Corporations (SIDCs). These government agencies are responsible for: Planning and developing industrial parks Laying and maintaining roads, water supply, electricity, and drainage systems Allocating plots to industries and monitoring...
1. Surface (Stormwater) Drainage System A well-designed surface drainage system is essential to manage rainwater and surface runoff within industrial premises. It typically includes: Open or covered concrete drains along roads and plot boundaries Stormwater catch pits and culverts to prevent waterlogging Sloped paving and curbing to direct runoff to designated drains Silt traps or oil...
In India, land registration is conducted at the Sub-Registrar's Office (SRO) that has jurisdiction over the area where the property is located. This process is governed by the Registration Act of 1908, which mandates the registration of transactions involving the sale, transfer, or lease of immovable property to ensure legal validity. Role of the Sub-Registrar's Office The Sub-Registrar's...
1. Before Offering Land for Sale or Lease Infrastructure development should ideally be completed prior to marketing or selling industrial land. A fully serviced plot is more attractive to buyers and: Demonstrates readiness for immediate use Increases buyer confidence and reduces perceived risk Commands a higher price per square foot due to plug-and-play advantages Key infrastructure...
In India, land mutation refers to the process of updating the official land revenue records to reflect a change in ownership due to events such as sale, inheritance, gift, or court decree. While mutation does not confer ownership rights by itself, it is a crucial administrative step that ensures the government's records accurately represent the current owner. Impact of Land Mutation on Ownership...
1. Ensures Environmental Compliance Industries are required to manage waste responsibly under environmental regulations. Proper sewage connectivity: Facilitates disposal of domestic wastewater from offices, canteens, and restrooms Prevents illegal discharge into open land or water bodies Helps meet standards set by Pollution Control Boards (PCB) and environmental authorities Without...
An Encumbrance Certificate (EC) is a vital legal document in property transactions in India. It certifies that a property is free from any monetary or legal liabilities, such as loans, mortgages, or disputes, ensuring a clear title for the buyer. Encumbrance Certificate An Encumbrance Certificate provides a comprehensive record of all registered transactions related to a property over a...
1. Facilitate Efficient Movement of Goods and Vehicles Internal roads within an industrial land parcel or estate are crucial for smooth vehicular circulation, enabling: Easy ingress and egress of heavy trucks and trailers Movement of raw materials, finished goods, and machinery Reduced loading/unloading time at bays or docks Well-laid roads minimize congestion and operational delays,...
In India, title clearance is a crucial step in property transactions, ensuring that the property's ownership is legitimate and free from legal disputes or encumbrances. Here's an overview of who is responsible for this process and how it is carried out: Parties Responsible for Title Clearance Buyer’s Responsibility: It is primarily the buyer's duty to ensure that the property has a clear...
1. Maharashtra – MIDC Industrial Parks The Maharashtra Industrial Development Corporation (MIDC) is one of India's largest state-run industrial infrastructure bodies, managing over 280 industrial areas across the state. Key locations include: Chakan and Talegaon (Pune) – Automotive and engineering hub TTC Industrial Area (Navi Mumbai) – Electronics, IT hardware, pharma Hingna and...
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