Office Order, Revision of Plot Allotment Rate for SIPCOT Manapparai
The State Industries Promotion Corporation of Tamil Nadu Limited issued Office Order SIP-HO/1885/2023-EA 1/1752/2023 dated 15 April 2023, revising the per-acre plot allotment rates for developed land in SIPCOT Industrial Park, Manapparai, Phases I, II and III, including the Food Park in Phase I. The office order supersedes O.O. No. 19/2022 dated 25 June 2022 and applies to all allotments made with effect from 31 March 2023.
What the office order changes
Office Order SIP-HO/1885/2023-EA 1/1752/2023, issued by the State Industries Promotion Corporation of Tamil Nadu Limited on 15 April 2023, fixes revised plot allotment rates for developed land at SIPCOT Manapparai. It covers the Food Park in Phase I and the wider SIPCOT Industrial Park in Phases I, II and III.
The revision was approved by the Board of the State Industries Promotion Corporation of Tamil Nadu Limited at its meeting held on 31 March 2023. The office order supersedes O.O. No. 19/2022 dated 25 June 2022.
Rates and incentives
The State Industries Promotion Corporation of Tamil Nadu Limited approved the following rates for Manapparai:
- SIPCOT Manapparai Food Park at Phase I: plot allotment rate of Rs. 68.00 lakhs per acre.
- SIPCOT Manapparai Food Park at Phase I: land cost incentive of Rs. 6.80 lakhs per acre, stated as 10 per cent and back ended.
- SIPCOT Industrial Park, Manapparai, Phases I, II and III: plot allotment rate of Rs. 77.00 lakhs per acre.
- SIPCOT Industrial Park, Manapparai, Phases I, II and III: land cost incentive of Rs. 7.70 lakhs per acre, stated as 10 per cent and back ended.
The table identifies the location as a “B” District. The office order does not provide further details about how or when the back ended incentive is applied.
Who is affected
The revised rates apply to all plot allotments made with effect from 31 March 2023. Businesses or other applicants receiving an allotment in the Manapparai Food Park or the Manapparai Industrial Park from that effective date should use the applicable rate for the relevant park.
The Food Park has a lower stated allotment rate than the general industrial park. A person considering a plot should therefore identify whether the proposed allotment is within the Food Park at Phase I or elsewhere in Phases I, II or III.
Administrative approval and circulation
The State Industries Promotion Corporation of Tamil Nadu Limited records approval by Managing Director E. Sundaravalli. The office order was circulated to General Managers, District Revenue Officers, heads of departments, project officers of SIPCOT Industrial Parks and the Information Technology Department for uploading to the portal.
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Common questions
What is the allotment rate for a plot in SIPCOT Manapparai Food Park?
The plot allotment rate for the Food Park at Phase I is Rs. 68.00 lakhs per acre. A back ended land cost incentive of Rs. 6.80 lakhs per acre is also listed.
What is the rate for the wider SIPCOT Industrial Park at Manapparai?
The rate for SIPCOT Industrial Park, Manapparai, Phases I, II and III is Rs. 77.00 lakhs per acre. The listed back ended land cost incentive is Rs. 7.70 lakhs per acre.
From when do the revised Manapparai rates apply?
The revised rates apply to all allotments made with effect from 31 March 2023.
Does the office order replace an earlier rate order?
Yes. Office Order SIP-HO/1885/2023-EA 1/1752/2023 supersedes O.O. No. 19/2022 dated 25 June 2022.
