Property type | Powers |
---|---|
Industrial property | Within 6 years from the date of allotment/date of possession
|
Commercial property | Within 6 years from the date of allotment/date of possession
|
Residential/Housing Property (cases where property is allotted to GIDC Employees) |
All powers with MD/Executive Director (Allotment)/General Manager (Allotment) |
Residential/Housing Property (except the cases where property is allotted to GIDC Employees) |
Up to 6 years from the date of allotment/date of possession
|
Timeline : Ideal time for processing application for time limit extension for a non-utilized property without any queries is 30 days post physical submission of documents at respective GIDC RM office. An application with query will take more days depending on the time taken by the applicant to furnish required documents/details.