| Renting permission for
industrial/institutional premises . |
| Requirements/Enclosures
|
|
Application on letter
head of Firm/Company/ Society/ Trust as the case
may be can be submitted by the allottee in the
concerned office along with the following
documents:- |
| 1 |
No dues certificate regarding
upto date payment of dues from the concerned
Accounts Officer . |
| 2 |
NOC of term lending institution, in case
the industrial/institutional premises is
mortgaged . |
| 3 |
Copy of the Project Report of the proposed
project of the tenant. |
| 4 |
A Copy of map demarcating the portion of
the building to be given on rent (in case of
part renting). Not applicable if entire premises
are being given on rent . |
| 5 |
The premises should not have been cancelled
one and should have been declared functional
|
| 6 |
Renting permission in case of Institutional
premises may be given for the same project as of
allottee and on payment of renting charges @
Rs.100/- per sqmt. F.A.R. per year subject to
maximum of 5 years. However, no renting charges
are applicable in case the total F.A.R. being
giving on rent does not exceed 25% of the total
permissible F.A.R. In respect of STP/IT Park in
private sector approved by Central
Government/STPI, renting charges would be 10% of
the current premium for a period of 10 years
subject to condition that number of tenant would
be as per approval letter of Govt./STPI . |
| 7 |
Renting permission in Industrial premises
would be given for a period of 10 years
irrespective of the time period requested for.
Renting charges @ Rs 150/-, Rs.50/- Rs.100/- per
sq. mtr. for phase-I, phase-II & phase-III
respectively. No renting charges shall be levied
if the allottee, its partners, shareholders hold
jointly or severally minimum 50% shares in the
tenant firm/company. However, a processing fee
of Rs.1,000/- shall be payable |
| 8 |
Discontinuation of tenancy would be taken
on record after the lessee surrenders the
original renting permission letter. If the
tenant discontinues tenancy before 10 years,
re-renting permission can be granted for the
remaining period on payment of 20% of prevailing
renting charges . |
| 9 |
The condition of functionality may be
waived off in case the renting permission is
sought for Group/Associate/Sister concern .
|
| 10 |
Multiple renting is also permissible
depending on the size of the premises |
| 11 |
Payment deposit challan about payment of
renting charges in Noida' account in one of the
authorized banks shall be required to be
enclosed in original |
|
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