Can a new entrepreneur take the allotted premises from original allottees on rental basis?
The allotted premises can be taken on rental basis in any confirming Industrial Area for permissible manufacturing activities in that particular industrial area. For this the following are the requirement :- Application on the prescribed format duly filled in by the original allottee shall be submitted to this office. 1.A copy of the site plan indicating the subletting area. 2.Constitution and trade of the sub-lettee firm. 3.An undertaking from the allottees that the subletted area is less than 50% of the plot/shed. 4.An undertaking from the allottee that there is no subletting in the plot/shed prior to this. Minimum area for subletting is 250 sq.ft. but not more than three tenants are allowed in one building. The Department charges a fee of Rs.1/- per sq.ft. per month from the allottee, sister concern are treated as tenants. Units involved in IT & IT enable service are exempted from subletting charges. Users of these services will not be treated as sublettee. Return to TOP..
