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MIDC Property Department

All the land related permissions and approval from MIDC regional and head office.

Transfer of Plot

With MIDC approval, the plot can be transferred to another individual / company for various purposes. MIDC may accord approval for transfer of plot on some conditions and by charging transfer premium.

Mortgage Consent

MIDC on request grants permission to Mortgage the plot and execute the Tripartite agreement (between the owner, MIDC and the financial institution) for getting financial assistance from financial institutions.

Permission for Subletting / Subleasing of Plot

MIDC gives Subletting / Sublease permission for Sub-letting / Sub-Lease of a part / entire area of the plot which is not being utilized, to a third person on recovery of charges.

Change in Land Use

MIDC may grant permission for change in Land use from Industrial to Commercial and vice-versa after taking approval of concerned departments.

Change in shareholding structures/ Partners in MIDC records

After scrutiny  of the application, MIDC may take note of Changes in shareholding pattern of the private limited company / Partners in partnership firm which could be within blood relation / outside blood relation without charges or by charging STF/Differential premium.

Execution of Predetermined Lease

After issuance of BCC Final Lease needs to be executed with MIDC to establish the title of the plot. Condition for execution of Final Lease with obtaining BCC is mentioned in Agreement to Lease which has been executed earlier between MIDC and plot holder at the time of allotment of plot.

Permission for Sub-division of Plot

MIDC grants permission for Sub-division of one plot into two or more plots after checking the feasibility as per DC rules of MIDC.

Allotment of Plot under Priority category

MIDC allots plot on priority basis under Expansion, FDI Investments, Mega Projects, Fortune Global -500 / Economics Times -200 companies.

Execution of Final Lease

MIDC gives approval for change in the name of the company on scrutiny of the application. MIDC also takes note of the change in address of the company.

Permission for Amalgamation of Plots

MIDC grants permission for Amalgamation of two or more plots for waiver of marginal space after checking the feasibility as per DC rules of MIDC.

Extension of Time limit for Obtaining Building Completion Certificate (BCC)

Plot allotted by MIDC needs to be utilized by obtaining BCC by doing minimum construction i.e. 40% and going into production within requisite time as per the MIDC policy. If BCC isn’t obtained within the given time, then Extension of time limit is to be acquired from MIDC for obtaining the BCC.

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MIDC grants Extension of time after considering what effective steps have been taken by the plot holder and on payment of extension charges.

Change in Company Name / Address

MIDC gives approval for change in the name of the company on scrutiny of the application. MIDC also takes note of the change in address of the company.

Change in Activity

Permission for change in manufacturing activity on the plot is granted by MIDC after scrutiny of the application and approval from the environment department.

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