Current Lease Premium
Location
 
Seethangoli, Kasaragod district.
Location Advantage
 
Proximity to the port city of Mangalore.
Accessibility
 
Air
 
Mangalore Airport, situated in the neighbouring state of Karnataka, is about 50 km from the Park.
Rail
 
Kasaragod Railway Station is about 12 km from the Park.  
Road  
Well connected  to rest of Kerala and India.

Common Facilities

* Health centre
*
Godown facilities
* Convention facilities
*
Modern business centre
* Hostel
*
Canteen
* Bank * Effluent treatment plant
* Post office   Marketing cum exhibition centre
Park area   60 acres. 

Thrust areas in the Small & Tiny Industrial Sectors

* Building materials/wood products
Rubber/leather
* Ceramic and mineral based industries Light engineering
* Electronics Repair/servicing
* Electrical Products  Sericulture/silk processing
* Plastic Food processing
* Paper Garments

Infrastructure

Land  
Fully developed industrial plots 
Power  
Captive power plant.
Water  
Continuous water supply.
Communication   Well maintained communication network.
Land allotment Present Status   Land Available

Current Lease Premium/Acre (Rupees in Lakhs)
Current Lease Premium for developed land allotted on 90 year
lease hold basis at Rs. 2.88 lakhs per acre.

Terms of Payment

A minimum 30% of the lease premium as down payment within 30 days of receipt of Letter of Intimation.

An amount equal to 10% of the lease premium from the above amount will be treated as EMD*.

Balance of the lease premium in 5 equal instalments with interest @11.25% per annum, within 5 years from the date of License Agreement.

10% of the lease premium to be remitted as EMD*, within 30 days of receipt of Letter of Intimation.

A minimum of 50% of the lease premium as down payment within 15 days of receipt of Allotment Letter.

Balance of the lease premium in 2 equal instalments with interest @11.25% per annum, within 2 years from the date of License Agreement.

Applicable to all KINFRA Parks

Annual license / lease charge of Rs. 100/-per acre during the license / lease period.

Services like water, power, communication, etc. will be charged extra.

A nominal maintenance charge for the general facilities.

* EMD will be adjusted against the last instalment of the lease premium.

(All other terms and conditions of KINFRA Land Disposal Regulations will apply)


Links
1
. KFC
2. IIC  
3. SIDBI 
4. IDBI 
5. ICICI
6. Planning Board



 
 

For KINFRA. Designed & Maintained by: C-DIT, www.cdit.org