Obtaining approvals
An indicative list of approvals with timeframe for setting up business in
Maharashtra
|
Department |
Timelines |
|
Issuance of allotment order |
15 days |
|
Possession of plot / shed |
7 days |
|
Building plans approval |
15 days |
|
Grant of water connection |
10 days |
|
Urban land ceiling permission |
10 days |
Source: MIDC
Cost of setting up business
An indicative table on cost of setting up business in Maharashtra
|
Indicator |
Value (in US$) |
|
Industrial land (per sq mt) |
Mumbai - 28.72 Pune- 14.36 |
|
Office space rent (per sq ft per month) |
Mumbai - 2.39V Pune - 0.957 |
|
Residential rent (for a 2,000 sq ft house, per month) |
Mumbai - 957 Pune - 287 |
|
5-star hotel room (Single Occupancy, per night) |
Mumbai - 95.74-263 Pune - 95.74 |
|
Electricity (per kWh) |
0.0957 |
|
Water (per 1000 litres) |
0.287 |
Note: US$ 1 = INR 47;
Source: MIDC, MSEB, PwC research
Contact for information
State Government Website
www.maharashtra.gov.in
Maharashtra Industrial Development Corporation (MIDC)
Maharashtra Industrial Development Corporation was established in 1962 for
fostering rapid orderly growth and developing industries in industrial areas in
the state. It is the largest industrial infrastructure provider in the country.
It has developed sector specific and five-star industrial areas. It provides
developed plots with necessary infrastructure facilities like internal roads,
water, electricity and other internal services to entrepreneurs in the
industrial areas. It has been proactive in developing a useful website, which
provides useful information required by entrepreneurs interested in setting
units in different parts of Maharashtra.
Maharashtra Industrial Development Corporation
Udyog Sarathi, Mahakali Caves Road
Andheri (E) Mumbai 400 093
Tel: +91 22 28325451 / 52 / 53
Fax: +91 22 28221487
Web: www.midcindia.com
Confederation of Indian Industry (CII)
Information on markets and
opportunities for investment in Maharashtra can also be obtained from the
Confederation of Indian Industry which works with the objective of creating a
symbiotic interface between industry and government.
Confederation of Indian Industry,Western Region Office
105, Kakad Chambers
1st Floor, 132 Dr Annie Besant Road
Worli
Mumbai 400 018
Tel: +91 22 24931790 / 24964792
Fax: +91 22 24945831 / 24939463
Email: ciiwr@ciionline.org
Web: www.ciionline.org
Confederation of Indian Industry, Zonal Office
C/o VIP Industries Ltd
A-78 MIDC, Satpur
Nashik 422 007
Tel: +91 253 2350862
Fax: +91 253 2350756
Email: nskguest@vipluggage.com
|
