#midcland

RASAYANI-PATALGANGA MIDC

MAJOR COMPANIES

Rasayani or Patalganga MIDC is one of the most sought after Industrial zone around Mumbai in todays times. Patalganga MIDC houses Reliance Polyster, Hindustan Organics, Cipla, Castrol India, Elder Pharma, Indoco, Bombay Dyeing & Manufacturing, Aditya Birla Nuvo, Wanburry, Antony Garages etc.

CONNECTIVITY

Within 10 Kms – Rasayani Railway Station, Old Mumbai-Pune Highway,   

                          Mumbai-Pune Expressway, Mohpada, Rees, Indiabulls  

                          Township etc.

Within 20 Kms – Panvel, Hiranandani Township, Marathon Group            

                          Township, Proposed Navi Mumbai Airport, Karjat

Within 30 Kms – JNPT, Kalamboli, Kamothe, Khopoli, Pen

Within 50 Kms – Lonavala, Vashi, Thane

  WATER SUPPLY

Water supply to industrial units is by state Irrigation Department from Morbe Dam, Patalganag Dam, Chavane Dam. Water Purification plant is just 2 Kms away.

ELECTRICITY

Uninterrupted power is supplied by MSEDCL besides there two captive power plants in the area. A 23 MW plant by Aditya Birla Nuvo Ltd. & 16 MW plant by Lenzing India (proposed)

CETP FACILITY

PRIA CETP (I) Ltd. was conceived as a joint efforts between Maharashtra Industrial Development Corporation, PRIA and Maharashtra Pollution Control Board. 

Treatment Capacity: 1,50,000 m3/day

Treatment Charges: Rs. 7/m3.

For more info: http://www.priacetp.com/index.htm

INDUSTRY ASSOCIATION

Patalganga Rasayani Industries Association popularly known as PRIA is a 25plus year old association registered, Registration No. Bombay 25/83 ( Raigad ) Public Trust Registration No. F 387 ( Raigad ). Besides championing Industries concerns they also run a school , a Common Affluent Treatment Plant (CETP) and a Recreation center.

EDUCATIONAL INSTITUTES IN VICINITY

Pillai's HOC College of Engineering & Technology

Pillai HOC College of Architecture

National Institute of Securities Markets (NISM) by SEBI.(proposed)

  PROPERTY RATE (as on Nov, 2013)

Sale: Open Land : Rs. 2-3 Cr. Per Acre

                                       Constructed: Rs. 1000-1,500 per sq.ft.

Rent: Rs. 12-20 per sq.ft.

  MIDC Rate: Rs. 2660 per sq.m. (Industrial)

MIDC from time to time has been trying to simplify and professionalize its services for increased ease of business. Many such majors, most important being Single Window Clearance (SWC) has been well received by the Industry and simplified lot proceedings. Off late due to increased competition from neighboring states specially Gujarat, MIDC has shown more & more willingness to listen to Industrialist's grievances. This has led issuance of no. of circulars & amendments. One such amendment is a circular released on 4th April, 2013.

One of the many problems faced by entrepreneurs was difficulty in submission of Form-A for obtaining final fire approval and Form-B in a month of January & July in case of renewal of fire approval.

MIDC now has categorized units based on constructed area. So for low-hazard units built-up area less than 3000 meters & height less than 15 meters:

1] fire officer attached to local MIDC Fire Station should carry out inspection as per the check-list and ensure the availability of fire protection systems as per provisional fire approval and record the observations in writing reasons of non insisting the approved license agency and issue final fire approval or renewal, as the case may be.

2] At the time of renewal, Form-B should not be insisted.

Please refer the complete circular here:

After witnessing problems faced by buyers and sellers to know actual prices for resale industrial properties, we decided to take the mantle in our hand and publish information based on data available with us as well as data that's there in public domain. Please note that these prices should not be treated as benchmark and are for reference purpose only. Prices may vary depending on location, construction done on plot and most importantly owner's expectations. Nowadays owning to recession, owners in TTC area have been quoting exorbitant rates and any proposal at par with actual market rates is being rejected as such owners don't want to let buyer's consider that there is need to liquidate their properties. Whereas Buyers have been expecting for major correction to happen so are asking for drastically low rates. 

A] Nerual, Turbhe, Khairane, Pawane, Rabale, Ghansoli: These regions are primarily engineering, chemical zones.

1} Sale : Open plots should be available from INR 30,000 per sq.m. to 36,000 per sq.m. unless the location is extremely close to Thane-Belapur highway. Price range for constructed properties is very wide from INR 40,000 per sq.m. to 50,000 per sq.m. (considering basis R.C.C. structure). Price depend upon construction area, construction quality, age, documentation, permissible activity & location.

2} Lease : Rentals can be divided into IT/ITES and Engineering  activties.  IT/ITES  Furnished 60-65 & unfurnished 30-40 Rs./Sq.ft. Engg./R&D Furnished 35-45 & unfurnished 25-35 Rs./sq.ft.

3} Warehouse : Sale -> INR 30,000-40,000 per sq.m.  Rent -> INR 22-28 per sq.ft.

B] Mahape: Its majorly an IT/ITES and electrical/electronics zone. Most of the units situated in Millennium Business Park (MBP) are being quoted at comparatively higher rates. Sale and Lease prices for IT/IES in MBP are   INR 60,000-70,000 per sq.m. and INR 70-80 per sq.f.t (Furnished). MBP offers lot of options in 3000-10000 sq.ft. area range with most of them being furnished properties. Properties in Electronics zone are demanding rates similar to engineering zones in TTC area.

We have uploaded Maharashtra Governments STPI Ready Reckoner for common public reference. Software Technology Parks of India Ready Reckoner published on 4th July 2007 contains information about STPI Scheme, IT Policy Benefits, Procedure to become STP Member, Requirements for STPI Registration etc.,