Archive · 1 Jun 2025
Punjab Announces New Land Policies for Industrial Plots
The Punjab government has created new rules for businesses that own land in industrial areas.
These rules allow companies to combine or split their plots to help them grow and use land better.
There is also a new group to help people who lost their plots due to issues like not starting production or not following the rules.
If you lost your plot, you can ask to get it back before September 30th.
This helps make things fairer and clearer for businesses.
Punjab government announced a policy for clubbing and de-clubbing industrial plots.
The policy aims to streamline land use in industrial estates.
Plots must be owned by the same entity and have all dues cleared.
An appellate authority will handle appeals over cancelled plot allotments.
Affected allottees have until September 30th to appeal for plot reinstatement.
- Who
- Punjab government and the Punjab Small Industries and Export Corporation (PSIEC).
- What
- New policies for clubbing and de-clubbing industrial plots, and an appellate authority for plot reinstatement.
- When
- Notified May 19, 2024.
- Where
- Punjab, India
- Why
- To streamline industrial development and address grievances.
- Policy Notification Date
- May 19, 2024
- Cabinet Approval Date
- April 24, 2024
- Policy Applies To
- Punjab Small Industries and Export Corporation (PSIEC)
- Clubbing/De-clubbing Fee
- 1% of plot area's current reserve price (capped at ₹50 lakh)
- Deadline for Plot Reinstatement Appeals
- September 30