Important Things To Know Before Buying Industrial Plots in Panchkula

Purchasing industrial plots in Panchkula is a lucrative option due to the strong industrial infrastructure of Panchkula, better connectivity, and hi-tech facilities that ensure steady business operations and growth. However, purchasing industrial land or building in Panchkula can be a complex process, if you are unaware of government rules and application processes. 

The sale of industrial plots in Panchkula is managed by The Haryana State Industrial and Infrastructure Development Corporation or The HSIIDC. Therefore, before purchasing any industrial property in Panchkula, one must ensure that the land is acquired only via the HSIIDC-approved channel. 

HSIIDC Online Application Process for Industrial Plots

If you are looking for an HSIIDC Barwala plot for sale, you need to check the official government portal of HSIIDC. The HSIIDC rolls out advertisements for land availability on their online portal hsiiidceseva.org.in. The advertisements and tenders for the HSIIDC Barwala plot for sale are listed under the Tenders and Advertisement tab on the webpage. The online application procedure for land allotment is based on the category of plot. 

Here's a brief description of the online application process for different types of land allotments under HSIIDC control.

1) HSIIDC Industrial Land Allotment - Mega

Under this category, the plots are allotted based on an online e-auction process. Once the advertisement for the land is rolled out, the applicants must log in to the online portal http://hsiidc.bidx.in to submit their online applications. Before applying, the applicant must pay a non-refundable processing fee and an EMD, which is refundable if the auction is unsuccessful. After applying, the applicant must participate in the e-auction at the scheduled. The successful bidder is then redirected to the registration process, CAF, and other application processes. 

2) HSIIDC Industrial Land Allotment - Others

In this category, the applicants must submit their online applications once the advertisement is rolled out on the online portal. The applicant must visit www.investharyana.in and initiate the registration application process and submit the land requirement CAF on the portal. The webpage will then redirect the user to submit additional information, payment details, and other requirements. 

For this category, if the applications received are more than the advertised land, the allotment is done via an auction process. And if the applications are fewer in number, the allotment via MD and draw process.  

Criteria For Industrial Land Allotment in Panchkula

The HSIIDC has set a few objective criteria for the HSIIDC Barwala plot for sale. They are,

The applicant must justify the requirement of land in CAF, and the total value of land must not exceed 60% of the total capital investment. 

• The investment related to building and machinery instalments must not be less than 20% of the total investment capital. 
• If HSIIDC receives a smaller number of applications compared to the number of plots, all the applicants are considered for allotment.
• If HSIIDC receives more applications than the number of plots, an e-auction process will be carried out to shortlist the applicants. 
• However, all applications will be verified thoroughly by the plot allotment committee before considering for registration. 

Other Important Factors that Affect Investments

Apart from the online application process, investors must also focus on other factors that can affect their investments. Here are some of the most crucial aspects of investing in industrial plots in Panchkula.

• Location- The location of the plot plays a key role when you are investing in real estate. Industrial plots with easy connectivity and other facilities ensure smooth performance for your business and also higher returns in the long run. 
• Size of the plot- The next crucial factor is the size and overall configuration of the plot. The size and shape of the land must suit your requirements, building and machine installations, and future expansion plans. To ensure hassle-free operations in the long run, the investor must ensure that the land size and configurations meet their current requirements and future goals.
• Financing Solutions- One must also check all the financing solutions involved and ensure that they are getting the best deals and minimal rates for loans and other financing solutions. 

How Professional Real Estate Developers Help Industrial Land Purchases in Panchkula?

As you can see, purchasing an HSIIDC Barwala plot for sale includes several complex processes and crucial factors that can affect your investment plans. This is why most investors looking for industrial plots in Panchkula, prefer to apply via a reliable real estate developer. 

Here are some of the benefits of investing via a real estate developer-

• Find the right property at your desired location
• Best rates that ensure minimal investments and higher returns
• Streamlined application processing and paperwork
• Integrated financing solutions
• Risk-free investments,
• Expert consultation and support services

So, if you are looking for industrial plots in Panchkula, contacting a real estate developer is the best choice. With a professional real estate developer, you get a smooth application process and expert support services that ensure higher, risk-free returns on your investments.