PROCEDURE FOR LAND ALLOTMENT
Interested Applicants
To submit an application in prescribed format ‘Form A’, (including Detailed Project Report) with extent of land and utilities required. Also to remit the Rs 5000.00 as registration fees (taxes extra). The application would be placed before the District Industrial Land Allotment Committee (DILAC), Palakkad District for initial approval.
KINFRA
Will issue an Intimation Letter (Form B) to the applicant after approval of the application by DILAC, Palakkad District.
Applicant
To remit 10% of the land lease premium (as EMD) within 30 days [non-refundable in case the applicant wishes to discontinue from proceeding with the project]. Also to submit Form C along with EMD
KINFRA
Will issue an Allotment Letter (Form D) to the applicant.
Applicant
To remit 50% of the land lease premium within 30 days.
Applicant
To enter into a License Agreement (Form E) with KINFRA.
KINFRA
Will hand over land to applicant for a period of two years under License Agreement till the lease deed is executed.
Applicant
To complete the construction of the unit within a period of two years and start commercial operations.
Applicant
Payment of balance amount (40%) can be made on deferred basis within a period of 2 years (with interest).
Applicant
To execute Lease Deed (Form F) once the unit is ready for commercial production for a period of 28 years (Lease Deeds are exempted from stamp duty and registration).
