Futura Global Ventures Limited

Investments

Investments are important because in today's world, just earning money is not enough. You work hard for the money you earn. But that may not be adequate for you to lead a comfortable lifestyle or fulfil your dreams and goals. To do that, you need to make your money work hard for you as well. This is why you invest. Money lying idle in your bank account is an opportunity lost. You should invest that money smartly to get good returns out of it.

Type of Investments

The Indian investor has a number of investment options to choose from. Some are traditional investment that have been used across generations which are safe and secure out of which one is investing in Land, as it is rightly said “ THE BETTER PLACE TO INVEST ON EARTH IS EARTH”.

Advantages of Investing in Agricultural Land

An agricultural land plot can guarantee long-term returns, if it is in an area where the government has planned some infrastructure projects in the near future. Moreover, the compensation, in the case of acquisition by the government, is higher for rural land than that for an urban land. A number of state governments are also planning a land pooling policy, for areas where city is expanding. If you become an owner under the land pooling policy, you will get guaranteed regular returns from the pool. Agricultural land in rural areas is not considered a capital asset. This is the reason any gains from its sale are not taxable under the head Capital Gains.

Investment Time, Entry & Exit

FUTURA GLOBAL VENTURES LIMITED will provide you comprehensive support on documentation, due diligence and negotiations with landlords. Our vast experience in this field helps us to identify properties that are having excellent growth potential. From the purpose of investment, handling negotiations with owners, interest holders and attorneys to complete legal documentation, FUTURA GLOBAL VENTURES LIMITED will assist you with the right way of acquisition. We personally do our research on the surroundings, location, future development plans, state policies, and the environment. We make sure that our client gets best return in short period of time and a flexible entry or exit at any stage.

Revenue and Forest Department Land Laisioning

Individuals and corporations are faced with an ever increasing amount of litigation and complex business disputes. To prevail in this environment requires the skill and ability of experienced litigators supported by dispute consulting professionals who provide meaningful financial and economic analysis. Whether the dispute involves claims stemming from a capital construction project, a buy-sell dispute, intellectual property infringement, securities litigation, or any other off complex business dispute, our professionals can provide valuable financial insight and clarity to counsel, from case theory development and discovery to expert witness testimony. We can help assess risk and damage exposure, perform financial analyses and develop damages theories.

Being one of the trustworthy firms known for rendering customized Liaising Services to the clients. We liaison for all major government and municipal agencies, such as PMRDA, MMRDA, NHAI, MSRDC, CIDCO, SRA, MAHDA, MIDC, All Revenue Authorities in the State of Maharashtra from Talathi, Circle, Tahsildar, SDO, Collector, Divisional Commissioner, Mantralaya etc. The offered services are rendered by the professional who has vast experience in this domain to give fruitful advice to the clients.

CONVERSION OF CLASS-II LAND TO CLASS-I LAND

INDUSTRIES DEPARTMENT LAND ACQUISITION CHAPTER-VI

The land for Industrial Area is acquired by the Government in Maharashtra under chapter-VI of the MID Act, 1961. In this process suitable land is selected by MIDC’s initiative and as per Directive from State/Central Government. After which a prospective site is been visited by Regional Officer/Executive Engineer and Scrutiny of Development plan (DP)/ Regional plan (RP) of District and Topography study in done. Where Committee members like DY CEO, CP, SE and RO finalizes the land. After this entire process proposal from RO with the Approval of CEO is submitted to MIDC Head Quarter. Further MIDC HQ submits the proposal to the Government with help of High Power Committee where scrutiny by Industries and Law Department is done and the proposed land site is approved for the publication of Chapter-VI Gazette Notification.

U/S 32(2) OF THE MID ACT, 1961

Individual notice to land owner
Public notice in news paper
Gazette notification

U/S 32(1) OF THE MID ACT, 1961

Report to Government for approval.
Final notification published in Gazette and newspaper.

VALUATION OF LAND

Sale statistic of land.
Ready Reckoner.
Approval of Collector.

PREPARATION OF THE COMPENSATION ORDER U/S 33(2) & 36(1) OF THE MID ACT, 1961

Agarement.
Order u/s 33(2) & 36(1).
Payment distribution to Farmers/Investor.
Possession from farmers/Investor by SLAO.
Hand over to MIDC.

VALUATION OF LAND

Sale statistic of land.
Ready Reckoner.
Approval of Collector.

Income tax is exempted for MIDC u/s 10(A) of IT Act. All receipt and expenditure in Government Head.

LAND ACQUSITION UNDER 15(B)

The land for industrial area is also directly purchased as per the provision in sec-15(B) of MID Act, 1961.
Sale deed executed by MIDC.
Initiated based on need.
Approval of High Power Committee and Government.

INTEGRATED LOGISTIC PARK (ILP)

With the objective of making Maharashtra part of the global supply chain, Government of Maharashtra has formulated the Logistics Park Policy. The objectives of the policy include upgrading from traditional warehousing to a fully integrated value added logistic activity, improving efficiency and reduction in logistics costs and improving the overall logistic infrastructure of the State to ensure last mile connectivity.

Logistic Park can be established on freehold and leasehold land. Logistic Park on the leasehold can be established subject to balance lease period of minimum 30 years, Logistic Park on the freehold can be developed by Owner/Developer/Company with legal entity. Logistic is given Industrial status and Maharashtra Industrial Development Corporation (MIDC) is a special planning authority for development of Integrated Logistic Park in the state.

Area Requirements:-

For being declared as Integrated Logistic Park the area required is minimum of 5 acres of land and having minimum 15 meters wide access road.

INTEGRATED LOGISTIC PARK (ILP)

Area Requirements:-

For being declared as Integrated Logistic Park the area required is minimum of 5 acres of land and having minimum 15 meters wide access road.

Permissible Land Uses:-

A minimum of 70% of the total area notified as Integrated Logistic Park shall be used for providing logistic service and up to 30% of remaining area will be permitted for support services and common facilities. The increase in minimum area above 70% (viz. 80:20, 90:10, but not 60:40) will be permitted automatically and no separate permission will be required from the department

INTEGRATED INDUSTRIAL AREA (IIA)

Area Requirements:-

For being declared as Integrated Industrial Area the any such industrial area shall be contiguous and shall admeasure not less than 40 Ha. At one place, be free from all encumbrances and have a means of access 24 meter width.

Manner of Notification:-

Permissible Land Uses:-

At least 60% of the total area notified as “Integrated Industrial Area” shall be used for industrial development and the remaining area shall be used for the development of support activities including Residential and Commercial activities.

Electronic Industry

Electronics industry is the world's largest and fastest growing industry and is increasingly finding applications in all sectors of the economy. The Government attaches high priority to electronics hardware manufacturing and it is one of the important pillar of both “Make in India” and “Digital India” programmes of Government of India. Mainly in Electronic industry semi-conductor manufacturing are increasingly becoming important and improving, India's participation in this league must be major priority for the country at least from the national security angle. Building semi-conductor fabrication capabilities in India are essential to break into this segment. As the Global semi-conductor industry is dominated by companies from the Asia-Pacific region including China (PRC), Japan, Singapore, South Korea and Taiwan (ROC).

The import of electronic goods was of the order of USD 3 billion (approximately INR 3,44,500 crore) in 2017-18 with the demand for electronics hardware expected to rise rapidly to about USD 400 billion (approximately INR 26,00,000 crore) by 2025.

India cannot afford to bear a huge foreign exchange outgo on import of electronics alone which will be way high compared to of crude oil. This is both an opportunity and a challenge for the electronics sector. Domestic demand for electronic hardware products is increasing every year in the country and most of it, is met through imports. This thrust sector thus has tremendous potential for the growth and also huge employment opportunities. Recognizing the electronics sectors unique dynamics, significant opportunities and structural challenges. The Government of India notified the National Policy on Electronics in 2012 which provided a road map for the development of electronics sector in the country. Maharashtra with established ecosystem for electronics hardware manufacturing is poised to take advantage of Government of India's effort towards domesticating electronics hardware manufacturing. Recognizing its importance to the State, a special 'Maharashtra Electronics Policy-2016' has been announced.

To attract global industrial investment, State Government has made several initiatives for investment promotion and facilitation. The State has already established single window investor facilitation cell - MAITRI to facilitate clearances through single window on behalf of several Government agencies to industrial entrepreneurs. To setup industry in Maharashtra, State Government has given special incentives for industries in the under developed districts of Maharashtra. The policy envisions to bridge the gap of regional disparity in Industrial development by giving additional incentives to Vidarbha, Marathwada, Ratnagiri, Sindhudurg and Dhule. Also to No Industry Districts, Naxalism Affected Area and Aspirational Districts like Osmanabad, Gadchiroli, Washim and Nandurbar.

Data Centre

India is the world, when it comes to the internet. As India's presence on the internet grows each day, more and more companies are shifting their data into cloud storage systems. These medium/large data establishment systems are generally marked by a presence of routers, switches, firewalls, storage systems, and servers. Once united, such a place is called a Data Centre that can allow storage and transfer of massive quantities of data in the virtual world. The vast amounts of global data termed as 'Big Data' is soon to pass through the underwater cables located under Indian's western and eastern shores as India is optimally placed in terms of location and geo-political environment. India makes headlines in the global Information Technology community each day. Data Centres may be the new epicentres for digital growth in India. Not just internal data storage, India happens to be an ideal location for global data storage too. Speculations suggest that data centres are going to be the new banks of a new digital world. With India's data hoarding requirements shooting up biblically, data centres tomorrow will be more powerful and will provide a utilitarian value similar to that of a bank in terms of digitally stored data that can be used as per will.

The future of data centres is brightest in India. With storage of data soon to be greater than that of the European Union, massive Petabyte and Exabyte of data are set to be stored and managed on the Indian continent due to various factors that make India an ideal data sever hosting nation. Keeping these things in mind Central and State Government have formulated their respective schemes and guidelines detailing out fiscal and non-fiscal incentives in this sector to enable further expansion of Data Centres in the country. Government of Maharashtra is keen to promote Data Centres with special focus on Mumbai. The vision is to position Mumbai as the Data Centre Hub not only for India but also for Asia Pacific region. India is soon going to become the data hub of the world.