HSIIDC allows 10% additional FAR for housing labour in industrial units – ET RealEstate

CHANDIGARH: In a significant development, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) on Wednesday approved the policy to allow 10% additional floor area ratio (FAR) for in-situ housing of labour within industrial units.

This was decided during the meeting held under the chairmanship of the principal secretary to chief minister-cum-chairman, HSIIDC, Rajesh Khullar .

The policy would be useful for those industrial units in particular, which have already exhausted the available FAR. The facility would be provided on payment of proportionate augmentation charges and after getting the zoning or building plans revised. As per the policy, the allottees of plots up to 5 acres can avail the 10% additional FAR through self-certification.

The board took several decisions for the convenience of industrialists in the state, including simplifying the e-auction procedure for the allotment of industrial plots. Many decisions were also taken for the convenience of applicants for new plots. The decisions include fixing the standard e-auction time of 7 am to 9 pm. However, in case the auction is not concluded till 9 pm, the auction would resume at 7 am, the next day.

The H-1(highest) bidder shall now be given 10 minutes to book the plot. If he does not book the plot in the given time, software would randomly allocate the plot in the next one minute. The subsequent round would start from the highest bid of H-2 bidder. If a no bid situation arises the H-2 bidder shall be given 30 minutes to select his plot at his previous H-2 bid.

The third round would start from the highest bid of H-3 bidder in first round or subsequent rounds, whichever is high. It was decided that earnest money deposit (EMD) to be remitted at the time of registration would now be 5% of plot cost at reserve price as against 2% earlier. For the successful bidders to complete 10% payment, time would be increased from 24 hours to 72 hours. Failing this, 5% EMD deposited at the time of registration would be forfeited. However, all unsuccessful bidders would still be refunded their EMD amount within 24 hours.

Among those present in the meeting included principal secretary, industries, A.K Singh; managing director, HSIIDC, Anurag Agarwal; director, industries and commerce Dr Saket Kumar; director, town and country planning K Makarand Pandurang and other senior officers of HSIIDC.



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