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Those plot holders who had obtained BCC, but the constructed area is less than 40% of the plot & balance land of plot is open. Those plot holders should consume a minimum 40% FSI within 2 years from the date of issuance of this circular.

After completion of two years from 21st June 2019 if revised BCC for 40% is not obtained, then non-utilization charges at @ 10% of the prevailing MIDC rate for open land till revised BCC of minimum 40 % is obtained would be charged. The penalty would be charged till the last date of the month of issuance of revised BCC.

After completing of 2 years from the date of circular non- utilization charges are applicable for the next 2 yrs.

After completion of the extension period of two years if the BCC of minimum 40 % isn’t obtained in such case no further extension would be given. Leaving the area of FSI consumed by the plot, (as per the set norms the required area for the development of the FSI would be left with the lessee), the remaining plot would be taken away by MIDC.

If the BCC is not obtained in a given period and delayed then penalty charges may be applicable as per MIDC circular and yearly charges for delay in production and completion of BCC can be imposed.

Submit any of the following 3 documents to support his application of Extension of Time Limit:

Proposed building plans should be approved by Dy. Eng./ Ex. Eng./SPA.

IEM / Provision IT / BT Registration.

Sanction of water connection by MIDC.

MPCB Consent to Establish.

Sanction of Electricity connection by electricity department.

Bank Loan Sanction letter, Financial closer etc.

Appointment of Architect

Appointment of Structural Engineer

Office

Jalgaon Branch:

Office No. 1, 2nd Floor, Mansing Market, Near Railway Station, Jalgaon

+91 9974888333

+91 9518361606

+91 7222878878

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Minimum 1 Shareholder

   Minimum 1 Nominee

   Minimum Authorised Share Capital to be Rs. 1 Lac

   Minimum 1 Directors

   Only Indian residents can be Shareholder & Nominee

   DIN (Director Identification Number) for all Directors

   The directors and shareholders can be same person

   Minimum 1 Director must be Indian Resident

   DSC (Digital Signature Certificate) for 1 Promoters & 1 witness