The Deendayal Port Authority (DPA) on March 17, 2025, issued the notification regarding the Reserve price/market value/lease rent.
The following has been stated namely: -
• The Deendayal Port Authority has approved a reserve price/lease rent of Rs. 7.06 per annum per sq. meter (Rs. 28,570.83 per annum per acre), with a 2% annual escalation. The price applies to major industries, including setting up a mega marine cluster.
• The lease rent will be valid for five years from the March 17, 2025. The lease rent will increase by 2% annually, with the first escalation occurring one year after the notification.
• The lease conditions will follow the Policy Guidelines for Land Management, 2015.
[Notification No. CH/DPA/1/2025]
