Online Application for allotment of Industrial Plots at TMTP has to be submitted to KUM by visiting https://kum.karnataka.gov.in.
|NAME OF THE COMMITTEE
|ACTION BY THE COMMITTEE
|State Level Single Window Clearance Committee (SLSWCC)
|To Examine and consider the proposals up to Rs.500 Crores.
|State High Level Clearance Committee (SHLCC)
|To Examine and consider the proposal above Rs.500 Crores.
On approval of project by the competent committee the Applicant needs to submit the following documents to KIADB along with an initial deposit of 30% of the land.
|ON CLEARANCE OF THE PROJECT BY SLSWCC
|Along with the application with relevant documents 30% initial deposit on Tentative land cost to be paid to KIADB
|30 days from date of communication
|Balance 70% (Land cost)
|90 days from the date of allotment letter.
|Obtaining Possession Certificate.
|1 month after confirmation of allotment
|Execution of Lease cum sale deed
|Within one month from the date of Possession Certificate
|Sanction of building plan
|Within 6 months from date of execution of Lease cum sale deed
|Completion of construction of the Industrial building, installation of Machinery and commencement of production
|Within 36/60 months from the date of possession.
To Apply for TMTP
Tumakuru Machine Tool Park (TMTP), is a Special Purpose Vehicle (SPV) of Government of India and Government of Karnataka.