Projects involving significant investments in renewable/green energy for a short period will be allotted land on an annual rental basis provided minimum investment required is Rs 100 crore and minimum land allotted is 50 acres.
The government has notified the Unified Industrial Land/Building (Allotment & Disposal) Regulations for KINFRA & KSIDC -2024 enabling entities to set up industrial units in the land/building owned by the Kerala Industrial Infrastructure Development Corporation (KINFRA) and Kerala State Industrial Development Corporation (KSIDC) in a hassle-free manner..
| Investment | Above 100Cr | 50 Cr-100Cr | Upto 50 Cr |
| Initial Payment | 10% | 20% | 20% |
| Payment Period | 9 Years | 5 Years | 5 Years |
| Lease Period | 90 Years | 60 Years | 60 Years |
| Moratorium | 24 Months | 24 Months | Nil |
The new policy brings impetus to the logistics and warehousing sector. The original allottees for logistics and warehousing will be allowed to sublease the built-up space constructed by them to another operator provided the period of sublease shall not exceed the period of the original lease period.
Projects involving significant investments in renewable/green energy for a short period will be allotted land on an annual rental basis provided minimum investment required is Rs 100 crore and minimum land allotted is 50 acres.
To encourage private investment in Standard Design Factory (SDF) facilities, the government may allot a maximum of 5% of available land to Builder/Developers for a period not exceeding 30 years. This land can be used exclusively for the construction, leasing, and management of SDF facilities. The lease may be renewed for another 30 years if the building remains structurally sound, the lessee has complied with lease terms, and the SDF operates successfully.
To facilitate industrial development KSIDC/KINFRA allows mortgage of leasehold rights to financial institutions for securing loans for establishing the project. During the initial license period, the mortgage is ensured through a tripartite agreement between the land owner, borrower and bank
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