official guidance

SIPCOT Land Allotment Procedure

The SIPCOT Land Allotment Procedure is official guidance issued by SIPCOT for applicants seeking plots in SIPCOT Industrial Parks. It explains the online application, deposits and processing fee, document checks, Allotment Committee review and communication of the allotment, closure or rejection decision.

Category
Industrial land
Pages
3
Status
In force
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What the procedure covers

The SIPCOT Land Allotment Procedure applies to applicants seeking industrial land in SIPCOT Industrial Parks. Applicants must register through the SIPCOT website using the “Apply online for Land allotment” and new user tabs, log in, complete the application, upload the required documents and pay online.

Payments

The SIPCOT online application requires:

  • An initial deposit of Rs.1,00,000 per acre for SIPCOT Industrial Parks in A and B districts.
  • An initial deposit of Rs.50,000 per acre for SIPCOT Industrial Parks in C districts.
  • A non-refundable processing fee of Rs.10,000 plus GST at 18%.

The initial deposit is adjusted against the plot cost. It is refunded if the application is closed.

Review and committee meeting

SIPCOT Projects Department officers scrutinise online applications and supporting documents. Any questions or requests for additional documents are sent by email or SMS, and the applicant must respond by email.

The land application is then placed before an Allotment Committee chaired by the Managing Director of SIPCOT. Key points are:

  • Meetings are conducted only through video conferencing.
  • The meeting date and time are communicated by email or RPAD.
  • Applicants must confirm attendance.
  • An applicant who cannot attend may email SIPCOT and request another date.
  • Any postponement is communicated by email.
  • The Managing Director, partner, proprietor or an authorised representative must attend.
  • The applicant must briefly present the project and answer questions.
  • An Environmental Consultant attends to discuss environmental issues. Other experts may be included where needed.
  • If several applications are received for one plot, the committee uses the objective evaluation criteria in Annexure 2.

Documents to upload

The SIPCOT checklist includes:

  • A brief project report covering promoter experience, manufacturing process, major raw materials and use of finished products.
  • Incorporation and constitutional documents, or partnership and firm registration documents, as applicable.
  • Reserve Bank of India application or approval documents for Foreign Direct Investment.
  • Available TNPCB consents and other statutory approvals for an existing company.
  • A rough building layout showing proposed facilities, open space and future expansion.
  • Available term loan sanction proof.
  • The latest annual report or profit and loss accounts for the previous three years for existing businesses.
  • Certified details of directors or partners, shareholders and the shareholding pattern.

Decision

SIPCOT communicates plot allotment, closure or rejection within 60 days from the application date. Approval or rejection is sent by email or RPAD, together with a request to apply for refund of the initial deposit and provide bank details.

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

How much must I pay when applying for SIPCOT land?

The initial deposit is Rs.1,00,000 per acre in A and B districts and Rs.50,000 per acre in C districts. The non-refundable processing fee is Rs.10,000 plus GST at 18%.

Do I have to attend the SIPCOT Allotment Committee meeting personally?

The meeting must be attended by the applicant’s Managing Director, partner, proprietor or authorised representative. It is conducted only through video conferencing.

What can I do if I cannot attend on the scheduled date?

You must inform SIPCOT by email and request an alternate date. Applicants must also confirm attendance after receiving the meeting details.

How long does SIPCOT take to communicate its decision?

The decision on allotment, closure or rejection is to be communicated within 60 days from the date of application. The applicant is informed by email or RPAD.