Official guidance, Tamil Nadu land law
Office Order O.O.No.65/2021, Revision of Plot Allotment Rate for Denotified SEZ Area at Irungattukottai
The State Industries Promotion Corporation of Tamil Nadu Limited issued Office Order O.O.No.65/2021 dated 7 December 2021, revising the plot allotment rate for land in the denotified Special Economic Zone area at SIPCOT Industrial Park, Irungattukottai, Kancheepuram District. The rate increased from Rs.153.00 lakhs to Rs.170.00 lakhs per acre and applies to all allotments made with effect from 8 November 2021.
What the office order does
The State Industries Promotion Corporation of Tamil Nadu Limited issued Office Order O.O.No.65/2021 dated 7 December 2021 to communicate the revised plot allotment rate approved by its Board. The revision applies specifically to land in the denotified Special Economic Zone area at SIPCOT Industrial Park, Irungattukottai, Kancheepuram District.
The Board approved the revision at its meeting held on 8 November 2021. The document also refers to Circular No.1/2020 dated 13 January 2020 and Circular No.110/2020 dated 31 December 2020.
Rate and incentive shown
Office Order O.O.No.65/2021 records the following figures for the denotified Special Economic Zone area:
- Previous plot allotment rate: Rs.153.00 lakhs per acre.
- Revised plot allotment rate: Rs.170.00 lakhs per acre.
- Land cost incentive per acre at 10 per cent: Rs.17.00 lakhs.
- District classification shown in the table: “A” District.
The document does not provide further conditions or eligibility details for the land cost incentive.
Who is affected
The revised rate is relevant to persons or businesses receiving plot allotments in the denotified Special Economic Zone area of SIPCOT Industrial Park, Irungattukottai. It does not state that the rate applies to other areas within the industrial park or to other SIPCOT industrial parks.
The revised plot allotment rate applies to all allotments made with effect from 8 November 2021. The document does not set out how allotments made before that date are to be treated.
Administrative circulation
Office Order O.O.No.65/2021 was circulated to all General Managers, all Heads of Departments, the Personal Assistant to the Managing Director, the Personal Assistant to the Executive Director, and all Project Officers of SIPCOT Industrial Parks. The source identifies the issuing body as the State Industries Promotion Corporation of Tamil Nadu Limited, a Government of Tamil Nadu undertaking.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
What is the revised allotment rate for land in the denotified SEZ area at Irungattukottai?
The revised plot allotment rate is Rs.170.00 lakhs per acre. The previous rate was Rs.153.00 lakhs per acre.
From what date does the revised rate apply?
The revised rate applies to all allotments made with effect from 8 November 2021.
What land cost incentive is listed?
The table lists a land cost incentive of Rs.17.00 lakhs per acre at 10 per cent. The document does not provide eligibility conditions or further details.
Does the revised rate apply to every SIPCOT industrial park?
The document applies specifically to the denotified Special Economic Zone area at SIPCOT Industrial Park, Irungattukottai, Kancheepuram District. It does not state that the rate applies to other SIPCOT industrial parks.
