India - Property
Industrial Sale Deed
Legal document for transfer of industrial property ownership including warehouses, factories, and industrial plots.
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Instructions
How to execute an Industrial Sale Deed:
1. Verify industrial zoning and land use permissions.
2. Obtain environmental compliance certificates and pollution control consents.
3. Check for any pending labor or factory act issues.
4. Conduct environmental due diligence for contamination.
5. Verify all industrial development charges are paid.
6. For MIDC/GIDC plots, obtain NOC from the authority.
7. Register at Sub-Registrar office with applicable stamp duty.
1. Verify industrial zoning and land use permissions.
2. Obtain environmental compliance certificates and pollution control consents.
3. Check for any pending labor or factory act issues.
4. Conduct environmental due diligence for contamination.
5. Verify all industrial development charges are paid.
6. For MIDC/GIDC plots, obtain NOC from the authority.
7. Register at Sub-Registrar office with applicable stamp duty.
Frequently Asked Questions
What special approvals are needed?
You need environmental clearance, pollution control consent, factory license, and NOC from industrial development authority.
Is environmental due diligence necessary?
Yes, strongly recommended to check for soil contamination, hazardous waste, and compliance history before purchase.
Can industrial land be converted?
Conversion requires approval from industrial development authority and involves significant fees. Some states prohibit conversion.
What about existing labor?
Verify there are no pending disputes. Transfer of undertaking may require compliance with labor laws.