Magus is a leading advisory, Project Management & Marketing Service provider for Realty & Industrial Infrastructure projects


Project Approvals,Fiscal Benefits & Subsidies Services

 

Approvals form the backbone of each project. A sturdy set of necessary Approvals reflects the strength of a project. Working out the need-based solutions w.r.t the web of complexities in the Regulatory Compliance process is the yardstick of a regulatory consultant. Depending on sector, need & location of project, different approvals are obtained. Project value is substantially proportional to Project Approvals. Depending on Approval Strategy, applications are prepared with facts, legal provisions, legal/ social/ economic justificatons, precedents, if any, & statistics. Applications are submitted to appropriate authorities. Intense follow up, desk-to-desk liasoning and numerous meetings & hearings with the authorities, & ensuring that the orders are ultimately passed, are the key factors. Development Approvals are obtained direct from the State/Central Govt. Local Approvals are obtained from local collectorate, planning authority, etc. Other specific approvals are obtained case to case. Environmental Approvals are obtained from the Central Government. Enhancing our input by strategic tie-ups with experts is done when necessary. Plan Approval is an important stage. Fiscal Benefits & Subsidies elevate the project to a different pinnacle altogether. Adding value to the project is our on-going endeavor. Preparation of DPR & Project Monitoring & Project Review are the crucial factors.




components of project approvals,fiscal benefits & subsidies services by magus

 

Development Approvals

   State
     . Zoning
     . Additional FSI
     . Location clearance
     . Planning Authority NOC

   Local
     . Gram Panchayat/ Municipal Council/ Corporation
     . Regional Authority

   Approvals from various Authorities
     . Town planning
     . Special planning Authorities
     . Urban Development

   Any specific approvals

   Environmental Approval
     . Environmental Clearances
     . Consent to Establish
     . Consent to Operate
     . Compliance Reporting to respective authority

   Plan Approvals
     i) Land Layout Approval
     ii) Infrastructure Layout Approval
     iii) Building Layout Approval
     iv) Common facilities Approvals

   Utilities Approvals
     . Power
     . Water
     . Accesses
     . Sewage/ Drainage
     . Fire station
     . Police station
     . Communication - Telecom
     . Bus services/ stop
     . Fuels

Detailed Project Report

Project Monitoring & Review

Project Fiscal Benefit Approvals
. SEZ Approval
. Up-gradation of Zone for higher incentive
. Income Tax Exemption
. Exemption of Taxes like Sales Tax, Luxury Tax,

Property Tax etc levied by State Government

Project Subsidies Approvals
. Textile Parks
. Food Parks
. SSI Parks - Cluster redevelopment scheme
. IIUS (Industrial Infrastructure Up-gradation Scheme)
. RTZ (Recreation & Tourism Zones)