[e-auction id : 2019 wb 1413]3 terms & conditions 1) the bidder should be a sole single legal...

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1 West Bengal Housing Infrastructure Development Corporation Limited (A Govt. of West Bengal Undertaking) HIDCO BHABAN, Premises No.35-1111, Biswa Bangla Sarani, 3 rd Rotary, New Town, Kolkata-700156 Telephone No.: (033) 2324-6037/38, Fax: (033) 2324-3016 e-mail: [email protected] website: www.wbhidcoltd.com No. C - 380/HIDCO/ADMN-3643/2019 Date: 29.05.2019 NOTICE FOR e-AUCTION [e-auction ID : 2019_WB_1413] e-Auction for leasing out 10.83 katha (724.36 sq.m) land in Plot no : CF–13 in Sub-CBD Area of Action Area-I , New Town, Kolkata for 99 years for construction of Building for ‘Non- Residential Commercial Use’ under Principal use “Mercantile-Retail” and / or “Assembly” and / or “Business” WEST BENGAL HOUSING INFRASTRUCTURE DEVELOPMENT CORPORATION LTD., (WBHIDCO), an Enterprise under the Department of Urban Development & Municipal Affairs, Govt. of West Bengal, invites offers from eligible resourceful Corporate bodies registered under the Companies Act or a Trust / Registered Society for allotment of 10.83 katha (724.36 sq.m) land in Plot no : CF–13 in Sub-CBD Area of Action Area-I of New Town, Kolkata on ‘Lease-Hold’ basis for 99 years for construction of buildings for ‘Non-Residential Commercial Use’ under Principal use “Mercantile-Retail” and / or “Assembly” and / or “Business” (as per provisions of NKDA Act, 2007), through e-auction process to be conducted through the e-Auction Portal https://eauction.gov.in of National Informatics Centre, Government of India as described fully herein below. The successful bidder shall have to specify the use the plot before payment of last installment of the lease premium. E-Auction will be held on 28.06.2019 (Friday) from 14.00 hrs. onwards upto 1630 hrs subject to auto-extension. [e-auction ID : 2019_WB_ 1413] There should be at least three eligible bidders, who have deposited EMD, to start the e-auction process. In absence of the same the instant e-auction would be treated as cancelled. The allotment will be made to the bidder quoting the highest bid in such e-auction process provided that the highest bid so obtained is higher than the minimum Reserve Price fixed for the plot. Any change in land use pattern other than as specified will not be allowed. Construction should start within six months from the date of delivery of possession and should end within three years therefrom. Earnest Money (EMD) for this plot of land is Rs 11.10 lakhs (Rupees eleven lakh ten thousand) only and is to be deposited before 1800 hrs of 25.06.2019 only through RTGS in WBHIDCO,s Account with Union Bank Of India, New Town, Kolkata 700102, details of which are given herein. Intending bidders shall have to register themselves with National Informatics Centre, Govt of India on https://eauction.gov.in . Such registration process should be completed before the last date for payment of EMD and uploading of documents for e-auction i.e. before 25.06.2019. Details are available in the website of WBHIDCO / NIC. Bidders are also requested to note that only digitally signed bids shall be accepted in the e-auction. Hence, they should equip themselves with Indian Digital Signature Certificates before the date of e-auction. E-auction will be started on 28.06.2019 (Friday) from 14.00 hrs. onwards upto 1630 hrs subject to auto-extension. WBHIDCO, however, reserves the right to cancel the e-auction at any stage prior to the signing of the Lease Deed. WBHIDCO shall not be liable to pay any compensation to any bidder for any loss that they may incur due to such cancellation. WBHIDCO reserves the right to accept/reject any or all of the Bids without assigning any reasons thereof and the decision of WBHIDCO would be final and binding on the Bidders. It is notified for information of the Bidders that the instant offer is subject to the scrutiny and approval of the State Government .

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Page 1: [e-auction ID : 2019 WB 1413]3 TERMS & CONDITIONS 1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed. 2) No bidder shall be represented by

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West Bengal Housing Infrastructure Development Corporation Limited

(A Govt. of West Bengal Undertaking)

HIDCO BHABAN, Premises No.35-1111, Biswa Bangla Sarani, 3rd Rotary, New Town, Kolkata-700156

Telephone No.: (033) 2324-6037/38, Fax: (033) 2324-3016

e-mail: [email protected] website: www.wbhidcoltd.com

No. C - 380/HIDCO/ADMN-3643/2019 Date: 29.05.2019

NOTICE FOR e-AUCTION

[e-auction ID : 2019_WB_1413] e-Auction for leasing out 10.83 katha (724.36 sq.m) land in Plot no : CF–13 in Sub-CBD Area of

Action Area-I , New Town, Kolkata for 99 years for construction of Building for ‘Non-Residential Commercial Use’ under Principal use “Mercantile-Retail” and / or “Assembly” and

/ or “Business”

WEST BENGAL HOUSING INFRASTRUCTURE DEVELOPMENT CORPORATION LTD., (WBHIDCO),

an Enterprise under the Department of Urban Development & Municipal Affairs, Govt. of West Bengal, invites offers from

eligible resourceful Corporate bodies registered under the Companies Act or a Trust / Registered Society for allotment of

10.83 katha (724.36 sq.m) land in Plot no : CF–13 in Sub-CBD Area of Action Area-I of New Town,

Kolkata on ‘Lease-Hold’ basis for 99 years for construction of buildings for ‘Non-Residential Commercial Use’ under

Principal use “Mercantile-Retail” and / or “Assembly” and / or “Business” (as per provisions of NKDA Act, 2007),

through e-auction process to be conducted through the e-Auction Portal https://eauction.gov.in of National Informatics

Centre, Government of India as described fully herein below. The successful bidder shall have to specify the use the plot

before payment of last installment of the lease premium. E-Auction will be held on 28.06.2019 (Friday) from 14.00

hrs. onwards upto 1630 hrs subject to auto-extension. [e-auction ID : 2019_WB_ 1413]

There should be at least three eligible bidders, who have deposited EMD, to start the e-auction process. In

absence of the same the instant e-auction would be treated as cancelled.

The allotment will be made to the bidder quoting the highest bid in such e-auction process provided that the

highest bid so obtained is higher than the minimum Reserve Price fixed for the plot. Any change in land use pattern

other than as specified will not be allowed. Construction should start within six months from the date of delivery of

possession and should end within three years therefrom.

Earnest Money (EMD) for this plot of land is Rs 11.10 lakhs (Rupees eleven lakh ten thousand) only and is to

be deposited before 1800 hrs of 25.06.2019 only through RTGS in WBHIDCO,s Account with Union Bank Of India, New

Town, Kolkata – 700102, details of which are given herein.

Intending bidders shall have to register themselves with National Informatics Centre, Govt of India on

https://eauction.gov.in . Such registration process should be completed before the last date for payment of EMD and

uploading of documents for e-auction i.e. before 25.06.2019. Details are available in the website of WBHIDCO / NIC.

Bidders are also requested to note that only digitally signed bids shall be accepted in the e-auction. Hence, they should

equip themselves with Indian Digital Signature Certificates before the date of e-auction. E-auction will be started on

28.06.2019 (Friday) from 14.00 hrs. onwards upto 1630 hrs subject to auto-extension. WBHIDCO, however, reserves the right to cancel the e-auction at any stage prior to the signing of the Lease Deed. WBHIDCO shall not be liable to pay any

compensation to any bidder for any loss that they may incur due to such cancellation.

WBHIDCO reserves the right to accept/reject any or all of the Bids without assigning any reasons thereof and the

decision of WBHIDCO would be final and binding on the Bidders.

It is notified for information of the Bidders that the instant offer is subject to the scrutiny and

approval of the State Government .

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INTRODUCTION About WBHIDCO

West Bengal Housing Infrastructure Development Corporation Ltd. (WBHIDCO) was set up as a Government

Company in April, 1999. Though this Corporation has a state-wide mandate, its immediate focus area is the development of a

planned town near the City of Kolkata viz. New Town, Kolkata.

New Town, Kolkata – A SMART Green Intelligent Future City.

New Town has been declared as a “SMART CITY” by the Government of India.

i. The New Town, Kolkata is planned on 3075 Ha. of land situated within 10 km from Kolkata’s Central Business District and

almost adjacent to the Netaji Subhas Chandra Bose International Airport , Kolkata.

ii. New Town is situated in the North Eastern Fringes of Kolkata and is fast emerging as one of India's latest and fastest-

growing planned new cities. It is situated adjacent to Salt Lake City and is in close proximity to the Netaji Subhas Chandra

Bose International Airport, Kolkata.

iii. The town has a planned population of 1 million with a proposed 0.5 million additional floating population. Around 12,000

dwelling units have already been constructed and a further 16,000 dwelling units are under construction. It is expected that

the town shall have around 200,000 dwelling units catering to the housing needs of the planned population in due course.

iv. The town has already attracted investments from leading players such as TCS, WIPRO, DLF, Ambuja, Bengal Unitech etc. With the completion of balance infrastructure development over the next 2-3 years, the area is expected to be one of the most

sought after investment region in the proximity of Kolkata.

v. The town is being developed in a highly planned manner with strong infrastructure. It is also being backed up by significant

investment in supporting infrastructure. A world class Convention Centre along with a minimum capacity of 3,000 is now

under construction by WBHIDCO.

vi. New Town has been selected as the Satellite City of Kolkata under the scheme for Urban Infrastructure Development in

Satellite Towns / Counter Magnets of Million Plus Cities. As per the scheme, Government of India shall support

development of Water supply system, Sewerage and Sanitation system in the town. As a planned city, social infrastructure

including schools for general education and/or sports/cultural courses are planned in various locations in the three Action

Areas of the township.

vii. Plots of land for Health sector have also been allotted in favour of renowned Organisations viz. TATA Medical Center,

Sankara Netralaya, Ohio Cardiology, Global Hospitals and such others.

viii.Plots of land for Education sector have been allotted in favour of renowned Universities/ Institutions viz. Presidency University, St. Xaviers University, Alia University, Amity University & Ramkrishna Mission and such others.

viii.‘Bengal Silicon Valley IT Hub’ is being set up on 200 acre land in Action Area-II of New Town, Kolkata.

ix. WBHIDCO is presently implementing a Financial Hub in New Town, Kolkata in Phases. Most of the plots have already

been allotted and taken by the leading Public Sector Banks, Insurance Companies etc. Kolkata being the Gateway to the

North Eastern States and New Town with its proximity to the Kolkata Airport, the Financial Hub is well placed to service

the North Eastern States. Government of India stressed the importance of the project with relation to Government of India’s

Look East Policy.

x. The area itself is expected to require an investment of Rs. 2,50,000 crores for housing (200,000 dwelling units envisaged)

and 2,00,000 crores for IT, Commercial and other Institutions.

THE OFFER

WEST BENGAL HOUSING INFRASTRUCTURE DEVELOPMENT CORPORATION LTD., (WBHIDCO),

an Enterprise under the Department of Urban Development & Municipal Affairs, Govt. of West Bengal, invites offers from eligible resourceful Corporate bodies registered under the Companies Act or a Trust / Registered Society for allotment of

10.83 katha (724.36 sq.m) land in Plot no : CF–13 in Sub-CBD Area of Action Area-I of New Town,

Kolkata on ‘Lease-Hold’ basis for 99 years for construction of buildings for ‘Non-Residential Commercial Use’ under

Principal use “Mercantile-Retail” and / or “Assembly” and / or “Business” (as per provisions of NKDA Act, 2007),

through e-auction process to be conducted through the e-Auction Portal https://eauction.gov.in of National Informatics

Centre, Government of India as described fully herein below. The successful bidder shall have to specify the use the plot

before payment of last installment of the lease premium. E-Auction will be held on 28.06.2019 (Friday) from 14.00

hrs. onwards upto 16.30 hrs subject to auto-extension. [e-auction ID : 2019_WB_ 1413]

Page 3: [e-auction ID : 2019 WB 1413]3 TERMS & CONDITIONS 1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed. 2) No bidder shall be represented by

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TERMS & CONDITIONS

1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed.

2) No bidder shall be represented by any Broker or Agent.

3) E-auction bids are invited for getting allotment of above mentioned plot of land on lease hold basis for 99 years on

‘As Is Where Is’, ‘Caveat emptor’ and ‘No Complaint’ basis only. WBHIDCO, however, reserves the right to cancel the e-

auction at any stage prior to the signing of the Lease Deed. WBHIDCO shall not be liable to pay any compensation to any

bidder for any loss that they may incur due to such cancellation.

4) The plot is located at a prime place in sub-CBD area of Action Area –I. 5) The successful bidder would have to pay an Annual Rent of 0.25 % of the Lease Premium per annum and such taxes

as applicable during the lease period, besides making payment of the Lease Premium.

6) WBHIDCO is the LESSOR of the plot.

7) The instant plot will be allotted for ‘Non-Residential Commercial Use’ under Principal use “Mercantile-Retail” and /or “Assembly” and /or “Business” as per provisions of NKDA Act, 2007. The successful bidder shall have to specify the

use the plot before payment of the last installment of the Lease Premium. No change of use other than the purpose of

use as may be stated by the successful bidder after allotment but before execution of the lease deed will be allowed.

8) The lessee has to start construction on the allotted plot of land within six months of getting the possession and is

required to complete construction within 36 months from the possession.

9) This e-auction is governed by the TERMS & CONDITIONS as contained herein and in accordance with the

conditions for e-auction through the portal of the National Informatics Centre (NIC), Government of India as well as the

general financial norms of the Government of West Bengal. 3

10) E-auction opening time, closing time, inspection schedule and other dates & times mentioned in the e-auction

catalogue may be treated as (IST) Indian Standard Time only.

11) The bidders who are interested to get allotment of the above plot through e-auction should get themselves registered with NIC for participating in this e-auction process at least two days before commencement of e-auctions. Bidders are also

requested to note that only digitally signed bids shall be accepted in the e-auction. Hence, they should equip

themselves with Indian Digital Signature Certificates before such registration.

12) There should be at least three eligible bidders, who have deposited EMD, to start the e-auction process. In

absence of the same the instant e-auction would be treated as cancelled.

13) WBHIDCO, however, reserves the right to accept/reject any or all of the Bids without assigning any reasons thereof

and the decision of WBHIDCO would be final and binding on the Bidders.

14) It is notified for information of the Bidders that the instant offer is subject to the scrutiny and approval of the

Government of West Bengal.

15) SCHEDULE OF PROPERTY All that piece and parcel of property measuring 10.83 katha (724.36 sq.m) land in Plot no: CF–13 in Sub-CBD Area of Action Area-I of New Town, Kolkata as in the lay out approved plan of WBHIDCO .

15) Contact Persons of WBHIDCO :

Shri D K Baksi, General Manager (Commercial) / Shri Amit Kr. De, S.O. (Commercial), WBHIDCO Limited, HIDCO

Bhaban, Major Arterial Road,3rd Rotary, New Town, Kolkata-700156 Telephone: 033-23246032/23246028/23246037/

23246038 Email: [email protected]

16) ELIGIBILITY CONDITIONS FOR BIDDERS

Eligible Bidders should be resourceful Corporate bodies registered under the Companies Act or a Trust /

Registered Society. The applicants are required to furnish certificate from the Statutory Auditor regarding turnover..

There should be at least three eligible bidders, who have deposited EMD, to start the e-auction

process. In absence of the same the instant e-auction would be treated as cancelled.

17) REGISTRATION

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All those who wish to participate in this e-auction and who fulfill the eligibility conditions as stated above shall

have to register with the Government e-auction website https://eauction.gov.in. No fees are required to be paid for such

registration as “Bidder”. Once registered the bidder is not required to register again for each and every e-auction in this site.

However, after such Registration a bidder has to enter the particular e-auction ID system for participating in this particular e-

auction. This shall involve filling upon online form and submission of necessary documents with WBHIDCO Ltd. On receipt

of all documents and payment of EMD the bidder’s registration shall be activated by WBHIDCO Ltd and only thereafter a

bidder can log into and participate in the e-bidding process. Participation in this e-auction is not possible without a valid

registration. Such process of Registration with Digital Signature Certificate and uploading of Documents shall have to

be completed before payment of EMD i.e. by 1800 hrs. of 25.06.2019 at the latest at the website https://eauction.gov.in.

against this particular e-Auction I.D. 2019_WB_1413.

In case there is any amendment/corrigendum in this document, the same will be uploaded in the WBHIDCO

website by 20.06.2019. Bidders are advised to consult such amendments/corrigendum, if any, before such e-auction.

E-auction bidding process will take place through web portal on the day and time specified in the e-auction notice

published in the newspaper/web portal. The Bidder should have valid Class II or Class III Digital Signature Certificate

(DSC) obtained from any Indian Certifying Authority. In case of requirement of DSC, interested Bidders should go to

https://eauction.gov.in.

The bidder has to obtain user ID and Password free of cost and can get training for e- auction from NIC. Guidelines to Bidders on the operations of Electronic Auction System can be obtained from https://eauction.gov.in. The bidders interested

in participating in the above Auction, using the Electronic Auction System are required to create User ID. Bidders who are

interested in participating WBHIDCO’s e-auction are requested to contact the representatives of NIC for registration,

computer setting and clarification on e- tendering. The duly filled bid as instructed be submitted online on the day of e-

auction.

There is no Application or Processing Fee except EMD payment.

18) DOCUMENTS TO BE UPLOADED AT THE TIME OF REGISTRATION: 1) Identity & particulars of the Applicant as in the Proforma attached herein

(Annexure – A & Annexure – B).

2) Valid Incorporation / Registration Certificate

3) Memorandum of Association /Trust Deed

4) Power of Attorney in the Proforma as in this document (Annexure – C).

5) PAN Card of the Applicant-Organization

6) Certificate from the Statutory Auditor /Chartered Accountant (in case there is no Statutory Auditor) regarding annual turnover.

7) Document showing payment of EMD.

Such Documents are required to be uploaded online on or before the specified end time for submission of such

documents online i.e., by 18.50 hrs of 25.06.2019 for getting access to the live e-Auction field on the day of e-auction.

The Bidders can upload a single document of a compressed file containing multiple documents (i.e. scan copy of EMD

particulars, and all other documents) against this NIA.

19) DOCUMENTS TO BE FURNISHED BY THE SUCCESSFUL BIDDER AFTER E-AUCTION:

(i) Annexures – ‘A’, B’ and ‘C’’ in Original.

(ii) Valid Incorporation / Registration Certificate.

(iii) Memorandum of Association

20) Use and Protection of User ID, Password and Digital Signature Certificate

The bidders are advised to keep their User ID and Password secret and not share these with anyone to prevent misuse or

abuse of the same. The bidders are also advised to change their passwords regularly. NIC/WBHIDCO shall not be

responsible for any misuse / abuse / unauthorized use of the password of any bidder and no representation in this regard from

any bidder shall be entertained by NIC/ WBHIDCO. A bid recorded in this e-auction against any password will be deemed to

have been submitted by the owner of the password only. Bidders shall require Class II or Class III Digital Signature Certificate (DSC) to participate in this e-auction. The bidder shall

have to set the parameters of his computers so that the DSC is operational. NIC / WBHIDCO shall not be responsible for any

malfunctioning or nonfunctioning of any bidder’s computer either on account of DSC or for any other reason. Bids submitted

by a bidder after signing with his/her DSC signifies non repudiation by the bidder. Thus, a bidder after submitting a bid,

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cannot disown it. A bidder shall be fully and solely responsible for the bid recorded against his/her name to be identified by

the set of User ID, Password and DSC.

21) Bidding Methodology

On the day of the e-auction, which will be started on 28.06.2019 (Friday) from 14.00 hrs. onwards upto 16.30

hrs subject to auto-extension. [e-auction ID : 2019_WB_1413], the bidder has to visit the Government e-auction

website https://eauction.gov.in and click on the link for WBHIDCO e-auctions. He/she has to login with his/her User ID and

Password. In the next page, the bidder has to click on the link “View Live e-auctions” and click on the link with the e-auction

number for this e-auction. The bidder shall be required to sign his acceptance of e-auction terms and conditions with his DSC

and then only the bidder can have access to the bidding area.

The bidding for the plot shall be in whole Rupee in nearest lakhs. The incremental value is Rs100000/- (one lakh)

only. Thus to bid an amount of Rs 10000000 (one crore), a bidder needs to type 10000000 in the space provided for

bidding and click on the BID button. On clicking the BID button, the bid has to be signed by the bidder with his DSC.

CAUTION IN SUBMISSION OF BID:

The Bidder shall be solely responsible for all consequences arising out of the bid submitted by him (including any wrongful

bidding by him) and no complaint/representation will be entertained by NIC /WBHIDCO in this regard. Hence Bidders must

be careful to check (the Bid Amount/No. of Zeros /No. of Digits/Unit of Measurement etc.) and rectify their bid (if required)

before submitting their Bid into the live e-auction floor by signing the Digital Signature Certificate.

22) Earnest Money Deposit (EMD)

All intending Bidders have to deposit Earnest Money Deposit (EMD) for Rs 11.10 lakhs (Rupees eleven lakh ten

thousand) only. Deposit of such EMD and uploading the same online should be completed by 1800 hrs of 25.06.2019.

Submission of PRE-BID EMD should be in favour of WBHIDCO LTD., KOLKATA, only through RTGS in the Union Bank, New Town Branch of WBHIDCO Ltd . On or before 1700 hrs of 25.06.2019. PRE-BID EMD in form of

DD/PO shall not be accepted.

BANK DETAILS towards PRE-BID EMD for payments through Indian Rupees only:-

Bidders should take utmost care to ensure that the EMD and intimation are made correctly. EMD deposited

elsewhere will not be considered for participation in this e-auction. No interest will be payable on the EMD. EMD of the

unsuccessful bidders would be returned by WBHIDCO Ltd. after completion of the bidding process. The EMD of the

Successful Bidder shall be automatically retained. In case the bid is accepted and the bidder refuses / fails to make further

payment towards the balance lease premium, the EMD shall be forfeited without prejudice to the rights of WBHIDCO to

claim such further damages in this regard without further reference to the bidder.

BANK TRANSFER CHARGES EITHER WAY WOULD BE ON INTENDING BUYER'S A/C.

23) FORFEITURE OF EARNEST MONEY DEPOSIT (EMD) The highest bidder shall be notified by email. Hence, bidders are advised to keep their email account active and monitor the

same carefully. In case of non-receipt of email, the bidder may contact WBHIDCO Ltd.

In case the lease premium consideration is not paid as specified in the subsequent paragraphs by the Successful

Bidder, the offer of allotment of the particular plot of land to the concerned Successful Bidder would stand cancelled

A/c of Bank and

Branch Name

A/C Name A/C No. A/C Type IFS Code.

WBHIDCO Ltd.

UNION

BANK OF

INDIA

NEW TOWN,

KOLKATA –

700102

WBHIDCO Ltd. 767501010050005 Current Account UBIN0576751

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and the Earnest Money Deposit and subsequent payment made if any by the Successful Bidder will automatically

stand forfeited. In addition to such forfeiture as stated above the defaulting Bidder may not be allowed to take part in

any of the bids which may be held by WBHIDCO in future.

For the sake of clarity, it is notified that there shall not be any extension of the last date fixed for payment of each of

the installment as specified in para 25 below. However, in case of last day being holiday, it will be extended

automatically to next working day.

24) BID STARTING PRICE

There is a ‘Start Price’ for e-bidding for this plot, which is Rs.55300000/= (Rupees five crore fifty three lakhs) only

with an incremental bid value of Rs.1,00,000/- (one lakh) only for the entire plot having an area of 10.83 katha (724.36 sq.m). Start Price will be mentioned in the e-auction floor at whole Rupees per square meter rounded of to

the next lakh. Bidders have to bid above Floor price. It is, however, made clear that such starting price is not the

minimum ‘Reserve Price’.

25) PAYMENT SCHEDULE

25.1 25% of the lease premium shall be deposited by the Highest Bidder, so declared as Successful, with WBHIDCO

within 30 days from the date of declaration regarding selection of the Bidder by WBHIDCO Ltd.

25.2 The balance 75 % amount of the lease premium will have to be paid in three equal monthly installments i.e., first

installment of such 25% of the lease premium is to be paid within 30 days from the date of payment of the amount as stated

at paragraph 23.1 above and second installment of the 25% of the lease premium consideration will have to be paid within 30

days from the date of payment of the previous first installment . The balance 25% of the Lease Premium is to be paid before the joint Measurement of the particular plot of land, preferably within 30 days from the date of last payment. The EMD shall

be automatically adjusted towards last installment of lease premium.

25.3 The Deed of Lease shall be executed only after entire amount of lease premium is credited into WBHIDCO’s account

and completion of the joint measurement of the instant plot of land. The lease deed would be executed in favour of the

“Successful Bidder” only.

25.4 All taxes/duties/levies, etc. and expenses, if any as applicable and related to the lease of the plot of land on offer, shall

be entirely paid by the Successful Bidder(s).

26) Default in Payment by the Successful Bidder

In case the lease premium amount is not paid as per Payment Schedule given above by the Successful Bidder, the offer of allotment of the particular plot of land to the concerned Successful Bidder would stand cancelled and the Earnest Money

Deposit and subsequent payment made if any by the Successful Bidder will automatically stand forfeited. In addition to such

forfeiture of EMD, the defaulting bidder may not be allowed to take part in any e-auctions or any of the auctions which may

be held in future on behalf of WBHIDCO. Decision in this regard shall be taken exclusively by WBHIDCO and shall be final

and binding on the bidders.

For the sake of clarity it is notified that there shall not be any extension of the last date fixed for payment of each of the

installment as specified above in the Payment Schedule. However, in case of last day being a holiday, the date will stand

extended automatically to the next working day.

27) OTHER CONDITIONS

27.1 The allotment of plot would be made in favour of a single successful bidder who has quoted highest rate above minimum reserve price and who has been found to have fulfilled all conditions of allotment as stated in these documents,

after the approval of the State Government is obtained.

27.2 The successful bidder shall have to specify the use of the plot before payment of the last installment of the lease

premium. The allotment would be made on lease hold basis for 99 years.

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27.3 The Successful Bidder will have to pay an Annual Rent of 0.25 % of the Lease Premium per annum excluding service

tax and other rates and taxes during the lease period, besides making payment of the lease premium.

27.4 The plot of land so offered for setting up a for ‘Non-Residential Commercial Use’ under Principal use “Mercantile-

Retail” and /or “Assembly” and /or “Business” (as per provisions of NKDA Act, 2007), cannot be used for any other

purpose. The successful bidder shall have to specify the use of the plot before payment of the last installment of the lease

premium. If at any point of time it is detected that such condition has been violated WBHIDCO shall have the right to

determine the lease and to take back possession of the said plot of land along with structures thereon, if any, on as is where is

basis.

27.5 Construction on this plot of land would have to be done as per plan approved by the New Kolkata Development

Authority (NKDA) as peruse shown against this plot of land. Construction must begin within six months of land possession

and to be completed within 36 months of the possession. An agreement to this effect has to be executed before possession.

27.6 The Successful Bidder has to execute the Deed of Lease with WBHIDCO for that particular plot of land would only be used for the purpose as and in case of any violation concerned Planning / Development Authority would take action as

per relevant rules.

27.7 The allottee/lessee may be allowed to mortgage the leasehold interest only (and not the demised plot of land itself) on

the instant plot under allotment for obtaining loans and/or assistance from any Reserve Bank of India recognized

Bank/Financial Institutions (not NBFCs) either in full or part, only with the prior written permission of WBHIDCO (lessor).

27.8 The building/ structure constructed on the plot / or any part thereof or the structure constructed thereon may be allowed f o r sub-leasing/ sub-letting by the WBHIDCO, in principle, on receipt of specific proposal keeping the principal

use unchanged.

27.9 The lessee is not entitled to assign his leasehold interest, whether in full or in part, without prior written approval of

WBHIDCO and on payment of such amount as may be decided by WBHIDCO (lessor) on merit and the assignee shall hold

the same on the same terms and conditions as in the original lease and to such other terms and conditions as may be

considered to be imposed by the lessor while granting such approval. In case of such assignment of leasehold interest the

assignee concerned shall have to obtain fresh lease after expiry of the unexpired period of the lease on payment of such

consideration money and annual rent based on the prevailing market value as may then be fixed by the lessor in granting such lease.

27.10 All statutory clearances/ licences/ permissions shall be obtained by the allottee within the time frame as stated herein.

All bids shall remain valid for 270 (two hundred seventy) days from the date of closing of e-auction, excluding the date of

closing. In case the 270th day falls on a holiday or remains closed for WBHIDCO, such bids will be deemed to be

automatically extended to be valid up to the next working day of WBHIDCO

27.11 It would be deemed that by participating in the bidding process through this e-auction method, the bidder has made a

complete and careful examination of the terms and conditions for the instant bid, received all relevant information required

for submission of the bid either from WBHIDCO or by its own diligence and understood that it would have no recourse to

WBHIDCO, post transfer of leasehold rights of the concerned property.

27.12 By bidding in this e-auction, the bidders confirm that they have thoroughly satisfied themselves of the nature,

conditions and quality of the assets and its physical condition and that they have no complaints about the same. 27.13 By bidding in this e-auction, the bidders undertake to abide by these terms and conditions of e-auction and further

undertake that on being declared as Successful Bidder, they will make full payment towards lease premium and if they fail to

do so they will have no objection to their EMD being fully forfeited by WBHIDCO.

27.14 WBHIDCO reserves the right to cancel the e-auction at any stage prior to the signing of the Lease Deed. WBHIDCO

shall not be liable to pay any compensation to any bidder for any loss that they may incur due to such cancellation.

27.15 It is notified for information of the Bidders that the instant offer as well as selection of successful bidder is

subject to the scrutiny and approval of the State Government.

28) FORCE MAJEURE

WBHIDCO shall not be liable for any failure or delay in performance due to any cause beyond their control including fires,

floods, strikes, go-slow, lock-out, closure, dispute with staff, dislocation of normal working conditions, War, riots,

epidemics, political upheavals, Governments actions, civil commotion, breakdown of machinery, shortage of labour acts,

demand or otherwise or any other cause or conditions beyond the control of aforesaid causes or not and the existence of such

cause or consequence may operate at the sole discretion of WBHIDCO to extend the time of performance on the part of

WBHIDCO by such period as may be necessary to enable WBHIDCO to effect performance after the cause of delays will

have ceased to exist. The provisions aforesaid shall not be limited or abrogated by any other terms of the contract whether printed or written.

Page 8: [e-auction ID : 2019 WB 1413]3 TERMS & CONDITIONS 1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed. 2) No bidder shall be represented by

8

29) SALIENT FEATURES

E_Auction I.D. 2019_WB_1413

1 Land Plot No. CF-13 in SUB CBD of AA-I of New Town (site plan enclosed)

2

. Area 10.83 katha (724.36 sq.m)

3 Principal Use ‘Non-Residential Commercial Use’ under Principal use

“Mercantile-Retail” and /or “Assembly” and /or “Business”

as per provisions of NKDA Act, 2007. The successful bidder

shall have to specify the use of the plot before payment of the

last installment of the lease premium.

4

. EMD Rs 11.10 lakhs (Rupees eleven lakh ten thousand) only

5

. Starting Price Rs.55300000/= (Rupees five crore fifty three lakhs)

6

. Bid Incremental

Value

Rs. 1,00,000/- (one lakh) only

7

. Lease Period 99 years

Construction period Start within 6 months from possession AND to be

finished within 36 months from possession

29) Schedule of Dates:

No. Activity Date & Time

1. Auction Publish : 29.05.2019 1800 hrs

2. Bid documents submission Start Date : 30.05.2019 1100 hrs

3. Bid documents submission End Date : 25.06.2019 1850 hrs

4 Document/Payment Approval Start Date : 25.06.2019 1855 hrs 5 Document/Payment Approval End Date : 28.06.2019 1130 hrs 6 Auction Start Date : 28.06.2019 1400 hrs 7 Auction End Date : 28.06.2019 1630 hrs

Closing of e-auction:- The e-auction will be closed at given time. However, if there is any bid within 10 minutes of closing

time the closing time shall automically be extended by the system by 10 minutes and continued to be extended in the same

way by 10 minute unless there is no bid within such extended time.

30) Dispute Resolution The entire bidding process shall be governed by, and construed in accordance with, the laws of India and Courts in Kolkata,

India, shall have exclusive jurisdiction over all disputes arising under, pursuant to and/ or in connection with the bidding

process, the subsequent lease and the entire transaction, to the exclusion of all other Courts in the world.

Page 9: [e-auction ID : 2019 WB 1413]3 TERMS & CONDITIONS 1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed. 2) No bidder shall be represented by

9

Annexure - A

Letter of Bid and Intent

(Letter head of the Bidder including full Postal Address, Telephone No., Fax No. and Email ID) (as applicable)

Date:

To

M/s WEST BENGAL HOUSING INFRASTRUCTURE DEVELOPMENT CORPORATION LTD,

‘HIDCO BHABAN’,

Premises no. 35-1111,

Biswa Bangla Sarani, 3rdP Rotary, New Town,

Kolkata -700156,

Subject: E-Auction for Leasing Out of 10.83 katha (724.36 sq.m) land in Plot

no : CF–13 in Sub-CBD Area of Action Area-I of New Town, Kolkata, for 99

Years for ‘Non-Residential Commercial Use’ under Principal use “Mercantile-

Retail” and /or “Assembly” and /or “Business” [e-auction ID :

2019_WB_1413]

Ref : Your notice for e-auction issued under No. C- 380/ HIDCO/ ADMN-3643/

2019 dated 29.05.2019

Sir,

1. being duly authorized to represent and act for and on behalf of ____________(herein the Bidder), and having studied

and fully understood all the information provided in the instant e-bid Document, I, …………………………………….,

the undersigned hereby intends to participate in the e-bidding process for leasehold allotment of WBHIDCO Plot of Land

being plot no.CF-4 according to the terms and conditions of the offer made by WBHIDCO, as detailed in the e-bid

document.

2. It is hereby declared that the turnover details of the Applicant –Organisation during the last Financial years ending on 31.03.2019 is as follows

Year Turnover (Rupees in Crores)

Bids will be quoted online and duly confirmed through the Digital Signature Certificate (DSC). I do hereby enclosed the

documents as stated below

3. WBHIDCO is hereby authorized to conduct any inquiries/ investigation to verify the statements, documents and

information submitted in connection with the Bid.

4. WBHIDCO and its authorised representatives may contact the following persons for such enquiry as may be required:-

Name of the Person/s: Address: Phone No: Fax No. :

5. This participation in the e-bidding process is made with full understanding that:

a. WBHIDCO reserves the right to reject or accept any Bid, modify/ cancel the bidding process, and/or reject all or any of

the Bids. b. WBHIDCO shall not be liable for any of the above actions and shall be under no obligation to inform the Bidder of the

same.

6. I, the undersigned do hereby declare that the statements made, and the information provided herein are complete, true

and correct in every aspect.

7. We have read the terms and conditions of the offer detailed in the e-Auction Notice and are willing to abide by them

unconditionally.

8. The offer made by us is valid for 270 days from the online Bid Submission Date. We understand that WBHIDCO may

require us to extend the validity of the bid for such period as may be determined by WBHIDCO at its discretion.

9. In case our offer is accepted and if we fail to pay the amount in the manner specified by WBHIDCO, the amount of

Earnest Money and any further installments paid by us under this offer shall stand absolutely forfeited by WBHIDCO.

10. The decision of WBHIDCO concerning this transaction shall be final and binding on us.

Page 10: [e-auction ID : 2019 WB 1413]3 TERMS & CONDITIONS 1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed. 2) No bidder shall be represented by

10

We hereby declare that the information stated hereinabove is complete and correct and any error or omission therein,

accidental or otherwise, will be sufficient justification for WBHIDCO to reject our Bid and/or to cancel the award of

Lease, at any point of time.

Yours faithfully

For and on behalf of

_______________________

(Name of Bidder)

Name of the Signatory__________________

Enclosures:- Copy of the following documents.

1) Identity & particulars of the Applicant as in the Proforma attached herein.

2) Valid Incorporation / Registration Certificate

3) Memorandum of Association. 4) Annual Accounts for last financial year

5) Certificate from the Statutory Auditor /Chartered Accountant (in case there is no Statutory Auditor)

regarding annual turnover for last year (in original).

6) Power of Attorney in the Proforma as in this document (in original).

7) PAN Card of the Applicant-Organization

Page 11: [e-auction ID : 2019 WB 1413]3 TERMS & CONDITIONS 1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed. 2) No bidder shall be represented by

11

Annexure – B

Organization Details of the Bidder

e-AUCTION for LEASING OUT 10.83 katha (724.36 sq.m) land in Plot no : CF–13 in Sub-CBD Area of Action Area-I of New Town, Kolkata for 99 years for Construction of Building for “NON - RESIDENTIAL

COMMERCIAL USE”

[e-auction ID : 2019_WB_ 1413]

1. Particulars of the Bidder

a. Name:

b. Address of the Registered office and corporate headquarters in India (as applicable): c. Date of incorporation and/or commencement of business with CIN No (as applicable):

d. The following documents are to be provided:

Particulars Details

i Latest audited Balance Sheet

ii Certificate for turnover during

last year

iii Permanent Account Number & Copy of Card

iv GST Identification Number

2.Details of Authorised Signatory of the Bidder:

a Name

b Designation (as applicable)

c Address

d Telephone No. / Fax no/ Email

Address:

3. Bank Particulars of the Organisation for refund :

Name of Bank & Branch, IFSC Code, A/c no. etc.

We further acknowledge and agree that: -

i. In case our offer is accepted and if we fail to pay the amount in the manner specified by WBHIDCO,

the amount of Earnest Money and any further installments paid by us under this offer shall stand absolutely

forfeited by WBHIDCO.

ii. I/We have read and understood the terms and conditions of the e-auction notice and documents and hereby unequivocally and unconditionally accept the same.

iii. The decision of WBHIDCO concerning this transaction shall be final and binding on us.

We hereby declare that the information stated hereinabove is complete and correct and any error or omission therein, accidental or otherwise, will be sufficient justification for WBHIDCO to reject our Bid

and/or to cancel the award of sale.

__________________________________

Dated Signature, Full Name & Designation of the Bidder and the Company

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12

Annexure - C

FORMAT FOR POWER OF ATTORNEY FOR PARTICIPATION IN THE E-

BID

(On a Stamp Paper of relevant value)

POWER OF ATTORNEY

Know all men by these presents, that we..………………………………………………………………………. (Name and

address of the registered office) do hereby constitute, appoint and authorize

Mr./Ms……………………………………………………………………………………………………………………………

…………….(Name and address of residence) who is presently employed with us and holding the position of

………………………………………….as our attorney, to do in our name and on our behalf, all such acts, deeds and things

necessary in connection with or incidental to our e-Bid which may be given online through e-auction process for leasehold allotment of WBHIDCO plot of land (CF-13), including signing and submission of all documents and providing information

/ responses to WBHIDCO, representing us in all matters before WBHIDCO, and generally dealing with WBHIDCO in all

matters in connection with our said e-Bid in reference to WBHIDCO’s notice for e-auction issued under No.C-

380/HIDCO/ADMN- 3643/2019 dated: 29.05.2019. [e-Auction I.D. 2019_WB_1413]

We hereby agree to ratify all acts, deeds and things lawfully done by our said attorney pursuant to this Power of Attorney and

that all acts, deeds and things done by our aforesaid attorney shall and shall always be deemed to have been done by us.

(Signature of the Executant)

I Accept

………………………………………………………………………… (Signature)

(Name Title and Address of the Attorney)

To be executed by the Sole Bidder.

Mode of execution of this Power of Attorney shall be the standard one as per applicable laws on affixation of the Common

Seal of the Company.

Page 13: [e-auction ID : 2019 WB 1413]3 TERMS & CONDITIONS 1) The Bidder should be a sole single legal entity. No consortium or joint venture is allowed. 2) No bidder shall be represented by

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Date:22.04.2019

Drawn by

Chief Planner

DWG.NO.

Location Of Plot no. CF/13,

ACTION AREA -INEW TOWN, KOLKATA

HIDCO/PLG/AA-1C/L- 219

HIDCO BHAVAN,35-1111(MAR),NEW TOWN, KOLKATTA-700156

Scale -

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MA J OR A R T ER I A L R OA D - S T R E E T NO - 1 11 1

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MILK BOOTH

AA - ID - MB - 03AREA =

36.745 SQM.

20.8

K

AutoCAD SHX Text
GC-7
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1*
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1*
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3
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Anita
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Title:
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WEST BENGAL HOUSING INFRASTRUCTURE DEVELOPMENT CORPORATION LTD.
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TRUE NORTH
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PROJECT NORTH
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LINK CANAL
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LOW LEVEL ROAD
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1*
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1C
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P.O.
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CAR PARKING
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land
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Scaping
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STREET NO-0364
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STREET NO-0323
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TRUE NORTH