#1
May 14th, 2016, 04:04 PM
| |||
| |||
Subletting Charges In MIDC
Hello sir, I am Ranjeet. I am from Mumbai. I want you to help me by giving me some information about the subletting charges by Maharashtra Industrial Development Corporation (MIDC). Can you help me? As you have asked about the subletting charges by Maharashtra Industrial Development Corporation (MIDC), I am giving you information about it, check below for the details For leasing of Industrial premises MIDC provides its NOC to the owners of said premises and charges subletting fees proportionate to the area being leased. Sub-letting fees: For IT/ITES: 1% x MIDC Land Rate per sq.m. x Total area being leased out (sq.m.) For others: 3% x MIDC Land Rate per sq.m. x Total area being leased Note: Total Area= Built-up Area + Open Area If the Industrial property is being leased to carry out commercial activity such as Restaurant, Showrooms etc In case the lessee will be carrying out activities different than those for which original allottee had got permission and no special incentive such as additional FSI has been used then Permission for Change of Use is to be obtained. Subletting permission can be obtained after submitting following documents: 1) Request from the original allottee for transfer. 2) Request from the transferee. 3) Application in the prescribed form from the transferee. 4) Project report if there is a change in the item of manufacture. 5) Time limit extension if Required. 6) No Objection Certificate from the Financial institution /Bank if the plot / shed / Gala is mortgaged with the permission of MIDC. 7) Payment of Annual Lease Rent (up-to-dated). Last edited by Neelurk; February 24th, 2020 at 08:25 AM. |
#2
October 19th, 2018, 06:28 PM
| |||
| |||
Re: Subletting Charges In MIDC
sir, how to pay subletting charges online
|
|