MPIDC's Allotment Process
1. Booking
2. Letter of Intent
3. Letter of Allotment
4. Plot Survey
5. Lease Deed Execution
6. Registry
7. Letter of Possession
- Investor search on land/plot Invest Portal: https://invest.mp.gov.in/LBA/home
- Investor submit booking application through Invest Portal
- Booking application is received to Executive Director of Concerned Regional Office
- Applicant can track their application through their Investor Account on Invest Portal
- Letter of Intent is issued to the applicant on portal within 7 days of receipt of application.
- Letter of Intent contains details of remaining payable amount for the land and terms and conditions of LOI
- applicant can track their application through their Investor Account on Invest Portal
- Validity of LOI : 60 days + additional 120 days with simple interest @10% p.a.
- On realisation of LOI payment on Invest Portal Letter of Allotment (LoA) is automatically generated.
- Lease deed draft is shared with applicant
- LoA validity for registry: 10 days + additional 60 days on approval of Executive Director
- applicant requests for survey of land/plot on portal on their conveniet dates
- Engineer is assigned by the MPIDC for joint survey.
- Survey report is uploaded on portal
- Lease Deed is signed between Industry/unit and Executive Director. Lease tenure is 99 years for Industrial and Warehousing units.
- Lease deed get registered at concerned registrar office.
- On uploading copy of registry by the investor on portal, letter of possession is issued.