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Rules and regulations for allotment.

1. Application form

Applicant has to submit prescribed application form along with fee in the shape of bank draft favouring Satharia industrial development authority payable at Satharia/Jaunpur.

Fee structure is as follows.

Land upto one acre-Rs.1600/-

Land above one acre-2100/-

Documents to be submitted along with application from.

(i)                  Project profile duly signed by the applicant in duplicate

(ii)                Proposed land utilization plan induplicate, duly signed by the applicant.

(iii)               Documents pertaining to the status of applicant (in duplicate) who could be individual, proprietorship firm, partnership firm, registered society, private limited company or public limited company.

(a)   Partnership firm- partnership deed

(b)   Registered society-
Certificate of registration -bye–laws of society
List of members with their addresses

(c)   private limited company –
Certificate of incorporation
memorandum and article of association
 
list of shareholders and directors along with their shareholding    

(d)   Public limited company –
certificate of incorportion 
memorandum and articles of association
list of directors and their shareholding

2.Allotment letter

on approval of chief executive office/additional chief  executive officer allotment letter will be issued.

Payment terms

The rate of reservation money shall be 10% of the total premium of plot. The allottee will be required to pay the same within the period as specified in the allotment letter, which normally is 30 days from the date of allotment.

The balance 90% of the premium amount shall be recovered in ten half yearly-equated installments along with interest as prevalent on the date of allotment on diminishing balance of the premium. The first such installments of premium shall be payable on subsequent 1st January or 1st July after expiry of six months from the date of allotment. 

Lease deed

Execution of lease deed is essential.

Possession of plot shall be handed over to the allottee after the execution of lease deed.

Approval of the building plan

Before raising the construction after taking over the possession of plot, the allottees are required to seed approval on building plans for which they have to submit the plans to the authority.

Change of project

If a plot has been allotted for a particular industry but entrepreneur at a letter stage wants to change the permitted project or add some other item (S), the same may be allowed by the authority on the written request of the allottee along with copies of the project reports duly signed by him. However it will be ensured the project is not banned by the government / authority.

 

 
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