Midc land transfer/ change of use/ sublease

Abhishek (Querist) 07 May 2015 This query is : Resolved
Hi,

Is it possible to convert Maharashtra Industrial Development Corporation (MIDC) industrial land,which is on lease, to freehold land/ commercial land. If yes, What are the relevant clauses/references in MIDC Act. Apart from this, If this land is being subleased, is it possible for sub-lessee to use the industrial land for some other purpose for which such land was originally allotted.

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Jeetender Gupta (Expert) 08 May 2015
If you check lease deed / agreement, most of your queries shd be automatically answered especially restrictions.

T. Kalaiselvan, Advocate (Expert) 09 May 2015
Seems to be an academic query. If you are interested to know more about the issues, better read the conditions on the lease deed and understand all your queries about it.

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