· Interested Entrepreneurs collect the prescribed land allotment application form from the AIDC office by submitting an application addressed to the Managing Director along with a brief of the project.
· Duly filled application form along with necessary documents to be submitted to the office of the Managing Director, AIDC Ltd. for allotment of Industrial Land. The following fees in the form of Bank Draft should accompany the application set:
§ Processing fees of Rs.50,000.00 for Small, Medium Enterprise and Rs.2,00,000.00 for Large Industries
§ Security Deposit of Rs.5000.00 per 1000 SqM
§ Development Charges 10% of the total Development Charges
· The application is forwarded to the concerned Department for processing of the application. Preliminary verification of the application is carried out by the concerned department.
· After the verification, the application is place at Internal Technical Committee, AIDC meeting for necessary recommendation.
· On obtaining the recommendation of the application, the case is place in the State Level Committee (SLC) meeting for final approval.
§ If the requirement of land is below 2 acores then the case is place in the SLC meeting chaired by Managing Director, AIDC
§ If the requirement of land is above 2 acores then the case is place in the SLC meeting chaired by Commissioner & Secretary, I&C dept., GOA.
· After receiving the necessary approval from the State Level Committee, the provisional allotment letter is issued to the applicant.
· On acceptance of the allotment by the applicant the land agreement deed is executed between AIDC & the applicant within 3 months from date of issuance of the allotment letter.
· After execution of other necessary formalities, the applicant is given possession of the Land.