For purchasing or owning an agricultural land, a person or entity must have an agriculturist status. Under the Maharashtra Land Revenue Code, the Collector’s Office or the Sub Divisional Officer is authorized to change the status of land from Agricultural to Non-agricultural.
Non-agricultural land is divided into categories called zones. Land regulations governing the purpose for which land may be used and the extent to which construction is allowed, depend on the zones defined by the Town Planning Department. The Urban Development Department is authorized to change from one zone to another, as per the Regional Plan or Draft Plan.
There are two primary options while considering land acquisition for industrial purpose – freehold or private land and state owned land developed as industrial areas or parks by the Maharashtra Industrial Development Corporation (MIDC). MIDC owns 84,000 hectares or almost 30% of Maharashtra’s land area as land banks for industrial use.
Floor Space Index (FSI) is the ratio of land area to total permissible built up area. FSI is subject to standard deductions for open space and amenities and is normally the same for freehold and state owned land. Additional FSI of 0.2 can be availed on both MIDC and freehold plots by paying an additional premium.
Ground coverage is the area of land upon which construction is allowed, calculated as a percentage of net FSI.
Non-agricultural land is divided into categories called zones. Land regulations governing the purpose for which land may be used and the extent to which construction is allowed, depend on the zones defined by the Town Planning Department. The Urban Development Department is authorized to change from one zone to another, as per the Regional Plan or Draft Plan.
There are two primary options while considering land acquisition for industrial purpose – freehold or private land and state owned land developed as industrial areas or parks by the Maharashtra Industrial Development Corporation (MIDC). MIDC owns 84,000 hectares or almost 30% of Maharashtra’s land area as land banks for industrial use.
Floor Space Index (FSI) is the ratio of land area to total permissible built up area. FSI is subject to standard deductions for open space and amenities and is normally the same for freehold and state owned land. Additional FSI of 0.2 can be availed on both MIDC and freehold plots by paying an additional premium.
Ground coverage is the area of land upon which construction is allowed, calculated as a percentage of net FSI.
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