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Tender Form No. Price Rs. 5000/-

SCHEME FOR ALLOTMENT

OF

GROUP HOUSING PLOTS

SCHEME CODE : GH - 2013

Scheme Opens on 23-10-2013 and Closes on 22-11-2013 at 2:00 p.m.

Tender Submission on 22-11-2013 from 11:00 a.m. to 2:00 p.m.

Opening of Technical Qualification Bids on 22-11-2013 at 3:00 p.m.

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TERMS & CONDITIONS FOR ALLOTMENT OF GROUP HOUSING PLOTS

Gorakhpur Industrial Development Authority (GIDA) invites sealed tenders on two-bid system in the prescribedApplication Form for allotment of Group Housing Plots in Sector-05, 07 & 23 for a lease period of 90 years. Termsand conditions for allotment of these plots are described herein:

A. DETAILS OF PLOTS

Sl. Plot No. Area of Plot* Reserve PriceNo. (Sq. Mtrs.) (Rs. Per Sq.m.)

SECTOR - 051. GH - 01 2400 7,500.00

SECTOR - 072. GH - 01 8500 7,500.00

SECTOR - 233. GH - 01 3300 8,100.00

4. GH - 02 15888 8,100.00

* Areas of the plots are tentative and can be increased or decreased at the time of handing over of possession

B. NORMS OF DEVELOPMENTThe tenderer is allowed to develop the plots/construct the flats subject to the following norms.

Maximum permissible Ground Coverage 40%

Maximum permissible FAR 2.50

Setbacks As per Building Bye-laws

Maximum Height No Limit

C. ELIGIBILITY

1. Any proprietor or partnership firm, private or public limited company or a consortium of any of the above,can submit tender. The firms and the companies should be registered in India.

2. The tenderer should be competent to contract.

3. The tenderer can Bid for a maximum of 2 (Two) plots out of all plots offered in above Scheme. However,in that case net worth of the tenderer should exceed aggregate net worth required for each plot appliedfor by the tenderer taken together. In case the two adjoining plots are allotted to any successful bidder,amalgamation of the said two plots shall be permissible.

4. If a company wants to apply through a subsidiary company, then it should have minimum of 51% shareholding in the subsidiary company. It is clarified that in this case the applicant will be the subsidiary companywho will have to qualify the minimum requirements of net worth, solvency and turnover. However, in casethe tenderer/consortium member is a company, then the qualifications of its holding company or subsidiarycompanies shall be considered as the qualifications of the applying company/ consortium member.

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5. In case of a company, Board resolution authorizing the tenderer to sign on behalf of the company shallbe attached with the tender form.

6. In case of partnership firm having more than one partner, all the partners are required to sign the tenderdocument and the attached documents. In case the documents mentioned above are not signed by allthe partners, then necessary authorization letter from all the other partners should also be enclosed.

7. In case of partnership firm the following should be enclosed :

i. a certified copy of duly registered partnership deed

ii. certificate issued by Registrar of Firms

In case of company the following should be enclosed:

i. list of directors duly certified by the Statutory Auditors/Chartered Accountant

ii. list of share holders with number of allotted shares duly certified by the Statutory Auditors/ CharteredAccountant

iii. copy of its Memorandum and Articles of Association

8. In case the tenderers have formed a consortium;-

a) Members of consortium will have to specify one Lead Member who alone shall be authorized tocorrespond with the GIDA. Lead member should be the single largest shareholder having at least26% share in the consortium. The shareholding of the lead member in the consortium shall remainat least 26% till the temporary occupancy/ completion certificate of at least one phase of the projectis obtained from the GIDA. Each member of the consortium with equity stake of at least 10% will beconsidered as the “relevant member”. The Lead Member of the consortium must necessarily be aFirm/Company registered in India with the appropriate statutory Authority.

b) The lead member and the relevant members should jointly qualify the minimum requirement of networth, solvency, turnover and experience. In case the tenderer is a consortium, then the qualificationsof the holding company(ies) of the lead member and the relevant members or their subsidiarycompanies shall also be considered as the qualifications of the tenderer.

c) In case of a Consortium, the members shall submit a Memorandum of Agreement (MOA) conveyingtheir intent to jointly apply for the scheme(s), and in case the plot is allotted to them, the MOA shallclearly define the role and responsibility of each member in the consortium, particularly with regardto arranging debt and equity for the project and its implementation. MOA should be submitted in originalduly registered/notarized with appropriate authority.

d) The members shall submit a registered/notarized Memorandum of Agreement (MOA) conveying theirintent to jointly apply for the scheme, and in case the plot is allotted to them, to form Special PurposeCompany(ies), hereinafter called SPCs, that will subsequently carryout all its responsibilities as theallottee. The registered MOA must specify the equity shareholding of each member of the Consortiumin the proposed SPCs. The SPCs must necessarily be Firm(s)/Company(ies) registered in India withthe appropriate statutory Authority.

9. Successful bidders can change the name of the executing company(ies)/body corporate(s) within 60 daysfrom the date of acceptance of the tender after taking prior permission from the GIDA.

D. ESSENTIAL QUALIFICATIONS:-

D-1 TECHNICAL ELIGIBILITY CRITERIA:

Details of minimum one completed project related to real estate development and construction activities(excluding merely trading in real estate) like land development/housing/colonizing jobs on bonafidely allottedland, commercial, IT/ITES projects executed, along with approximate cost and date of completion to beattached. The total compounding certificates /completion certificates should be a minimum 50 thousand

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sq. ft. in aggregate of construction by the Tenderer/Consortium Lead Member, its Relevant Members andtheir subsidiaries and holding company(ies), as per Annexure 1 (c) of this Brochure.

D-2 FINANCIAL ELIGIBILITY CRITERIA:

PARAMETERS

(i) Minimum Net Worth as on 31.03.2013 duly certified by the Rs. 05.00 crorestenderer’s statutory auditors/ Chartered Accountant

(ii) Minimum Solvency as per Certificate not more than Rs. 01.00 crores6 months old, from a Nationalised/Scheduled Bank

(iii) Minimum Total Turnover from real estate activities for the last3 accounting years duly audited by the tenderer’s statutory Rs. 10.00 croresauditors/ Chartered Accountant i.e. 2010-11, 2011-12 and2012-13, as per Annexure-I (b) of this Brochure and copy of3 years Income Tax return.

(iv) Registration money 5% of the total bidamount

(v) Processing Fee (Non adjustable/non refundable) Rs. 10 thousand

Net Worth Calculation shall be done as below :

(a) In case of a Company, Net-worth = Paid up share capital (excluding share application money) plusReserves and surpluses (excluding revaluation reserve) less Preliminary and pre-operative expenditure;less miscellaneous expenditure to the extent not written off; less accumulated losses; less intangibleassets. Net Worth statement certified by the statutory auditors/ Chartered Accountant of the Companyshould be submitted.

(b) In case of a Partnership firm, the contribution by each partner taken together in the capital of the firmshall be considered as Net Worth of the Partnership Firm excluding intangible assets, if any. NetWorth Statement certified by the statutory auditors! Chartered Accountant of the firm should besubmitted.

(c) Individual Net Worth statement (relating to application made by proprietorship firm) certified by thetenderer’s statutory auditors/ Chartered Accountant along with certified true copies of income tax/wealth tax return with all its enclosures submitted to Income Tax Authority should be submitted.

D-3 PLEASE ALSO ATTACH

(i) List of projects in hand at present and the status of their implementation, cost incurred and expectedtime of completion of each project separately.

(ii) Organization chart, list of staff, details of in-house architectural facilities, list of structural consultants/engineers used during the last three years.

NOTE:-

(i) All amounts are in Indian National Rupees.

(ii) In case of a consortium, the above information should be provided for the “lead member” and the“relevant members” only, who should jointly qualify the technical & financial eligibility criteria, asenumerated in D-1 and D-2 above.

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E. HOW TO APPPLY

1. The intending bidder may apply for allotment of plot on prescribed Application Form. The Form shall bemade available from 23-10-2013 to 22-11-2013 on payment of Rs. 5,000/- at HDFC Bank Ltd., PrahladRai Trade Centre, Bank Road, Gorakhpur, HDFC Bank Ltd., 31/31 M.G. Marg, Hazratganj, Lucknow, HDFCBank Ltd., Ansals Fortune Arcade, K Block, Near Atta Peer, Sector 18, Noida (U.P.) & HDFC Bank Ltd.,G-3/4, Suryakiran Building, 19, Kasturba Gandhi Marg, Connaught Place, New Delhi.

2. The registration money and processing fee should be in the form of Bank Draft/Pay Order in favour ofGorakhpur Industrial Development Authority payable at Gorakhpur.

3. Two Separate envelopes should contain technical qualification bid (ENVELOPE No.1) and financial bid(ENVELOPE No. 2), respectively.

4. Both these envelopes should be sealed and super scribed as TECHNICAL QUALIFICATION BID(ENVELOPE No. 1) FOR GROUP HOUSING PLOT NO. .......... SECTOR .......... and FINANCIAL BID(ENVELOPE No. 2) FOR GROUP HOUSING PLOT NO. .......... SECTOR ............... , respectively.

5. Both these sealed envelopes should be put into one envelope which should be super scribed as applicationfor GH-2013 FOR GROUP HOUSING PLOT NO. ............ SECTOR ................... . This envelope shouldalso be sealed before putting into tender box.

6. The demand draft for processing fee & registration money should be attached with technical qualificationbid documents.

7. The following documents are required to be submitted with the “Technical Qualification Bid” documentsplaced in Envelope No. 1 after getting them duly certified by the tenderer’s statutory auditors/ CharteredAccountant.

i. Certified true copy of Certificate of Incorporation/ Certificate for Commencement of Business.

ii. General information of the tenderer as per Annexure-1 (a).

iii. Certified true copy of Memorandum & Articles of Association.

iv. List of Directors certified by a Chartered Accountant.

v. List of Shareholders certified by the statutory auditors/Chartered Accountant. In case the numbersare large, list should contain details of major shareholding i.e of promoters, institutions, corporatesand the public.

vi. Audited annual reports for the last three (3) years i.e. 2010-11, 2011-12 and 2012-13. In case of aConsortium, the audited annual reports of the lead member and each of the relevant members of theconsortium for the last three years shall be submitted.

vii. Board resolution authorizing the person for submitting the tender.

viii. Partnership Deed in case of a Partnership firm.

ix. Net Worth Statement certified by the statutory auditors/ Chartered Accountant of the Company/Partnership firm.

x. Certificate of Turnover from real estate activities for the last three years certified by the statutoryauditors/ Chartered Accountant of the Company/ Firm as per format given in Annexure-I (b).

xi. Solvency Certificate not more than 6 months old from a nationalized scheduled Bank.

xii. Details of work experience along with copies of the compounding certificates !completion certificates,issued by the concerned statutory authority as per format given in Annexure-I (c).

Note:- Apart from the above list (not exhaustive), relevant documents mentioned in other part of this Brochurealso need to be submitted.

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F. ACCEPTANCE OF TENDERER

1. Tenders will be received on 22-11-2013 from 11:00 a.m. to 2:00 p.m. in the office of Chief ExecutiveOfficer, Civil Lines, GIDA, Gorakhpur. Technical Qualification Bids will be opened in the presence of thebidders at 3:00 p.m. on the same day at same place. The presence of all the tenderers is solicited.

2. All the “Technical Qualification Bids” shall be examined by the GIDA, who shall declare the list of thetechnically qualified bidders. The decision of the GIDA in this regard, shall be final and binding on all thebidders.

3. The Financial bids of only technically qualified bidders shall be opened subsequently. Only the TechnicallyQualified Bidders shall be informed of the time and date of opening of the financial bids. The technicallyunqualified bidders will not be informed regarding the opening of financial bids. However the list oftechnically qualified bidders alongwith the schedule of opening of financial bids shall also be displayedon the notice board of the GIDA.

4. In case more than one highest bid of the same amount is received against a plot, an auction will beconducted amongst these highest amount bidders, so as to enhance the highest financial bid quoted.

5. Incompletely filled tender documents will be summarily rejected.

6. The tenderer cannot withdraw the Offer/Tender once made.

7. The GIDA may without any prior notice and without assigning any reason, add one or more plots in thescheme and/or withdraw anyone or all of the plots from the scheme at any stage. Similarly size of anyplot may be increased or decreased.

8. The GIDA may accept or reject any offer, including the highest bid without assigning any reason and itsdecision in this behalf shall be final and binding on the tenderer.

9. No correspondence shall be entertained on the reasons/grounds for disqualifying technical bid.

G. PAYMENT

1. All payments should be made through a demand draft/pay order drawn in favour of “GORAKHPURINDUSTRIAL DEVELOPMENT AUTHORITY” and payable at any scheduled bank located in Gorakhpur.The tenderer/ allottee should clearly indicate his name and details of plots applied for / allotted on thereverse of the demand draft/pay order.

2. The successful bidder shall be required to pay 10% of the total premium of the plot as reservation moneyafter adjusting registration money within 30 days from the date of issuance of Acceptance Letter, otherwisethe claim for allotment will be treated as deemed cancelled. No correspondence will be entertained in thisregard. After confirming the receipt of 10% amount as mentioned above, the formal Allotment Letter willbe issued.

3. The allottee on issue of the formal Allotment Letter shall then be required to pay 15% of the total premiumof the plot as allotment money within 60 days from the date of issuance of such Allotment Letter.

4. The allottee shall also deposit due stamp duty for lease deed in the Treasury of District Gorakhpur andshould produce a certificate / deposit the stamp paper obtained from Treasury of Gorakhpur in PropertyDepartment of GIDA within 90 days from the issue of formal Allotment Letter.

5. Interest @ 15% per annum shall be charged on the outstanding (balance) premium with effect from thedate of allotment and will be payable half yearly on the 1st day of January and 1st day of July each year.The first instalment of such payment will fall due after expiry of 6 months from the date of allottment onfollowing 1st January /1st July subject to a rebate of 2% per annum on payment on the prescribed dateand if there are no arrears of dues.

The remaining 75% of the provisional premium shall have to be paid by allottee after two year (Thereshall be a moratorium of 24 months from the date of allotment) in eight equal half yearly instalments each

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of which will be due for payment on 1st day of January and 1st day of July each year along with interest.The amount of the balance premium and the interest due on it from time to time shall remain first chargeon the land and the building erected thereon till it is (they are) paid in full.

6. In case of default in depositing the instalments or any payment, interest @ 15% half yearly shall be leviablefor the defaulted period on the defaulted amount.

7. Premium referred to in this document means total amount payable to the GIDA for the allotted plot.

8. All payments should be remitted by due date. In case the due date is a bank holiday, then the allotteeshould ensure remittance on the previous working day.

9. In case of default, the allotment offer will be considered as cancelled without any further notice and theamount equivalent to registration money shall be forfeited. No interest will be paid on such amounts.However, this is subject to clause ‘H’ of this Brochure.

10. The payment made by the allottee will first be adjusted towards the interest due, if any, and thereafter thebalance will be adjusted towards the premium due.

11. Lease Rent shall be paid in accordance with Clause M of this Brochure.

H. EXTENSION OF TIME

1. Normally extension for depositing the reservation money, and the allotment money shall not be allowed.However, on receipt of request from the allottee in writing and on being satisfied with the reasons mentionedtherein, the GIDA may grant a maximum of 60 days extension to deposit the reservation money/allotmentmoney, subject to the payment of interest @ 15% per annum half yearly, on pro-rata basis. Thereafter,ordinarily no extension of time will be granted and the allotment will be cancelled, alongwith the forfeitureof the full Registration money. However, in exceptional circumstances, the time for the payment of thebalance due amount may further be extended by the GIDA for a reasonable period, but in such cases oftime extension, interest @ 15% per annum half yearly, shall be charged on the outstanding amount forsuch extended period.

2. Extension of time, normally, shall not be allowed for more than 60 days for each instalment to be deposited,subject to a maximum of three (3) such extensions during the entire payment schedule.

3. For the purposes of arriving at the due date, the date of issuance of the Allotment Letter will be reckonedas the date of allotment.

I. AREA

The area of the plot allotted may slightly vary at the time of handing over of the possession. The premium ofthe plot will proportionately vary due to such variations. The applicable rate of allotment of additional areashall be the accepted tender rate for the original plot accepted tender rate for the Group Housing Plots in therelevant sector or the nearby area, at the time of communication about the additional land, whichever is higher.Payment of premium and the lease rent of the additional land will be made as per the terms & conditionsapplicable to the land initially allotted.

J. AS IS WHERE IS BASIS AND THE LEASE PERIOD

The plots will be accepted by the allottee on an “As is where is” basis on lease for a period of 90 years,starting from the date of allotment letter.

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K. UNSUCCESSFUL APPLICANTS

Registration Money without interest will be returned to the unsuccessful bidder after completion of the tenderprocess. However, processing fee shall not be refunded. The GIDA reserves the right to retain/ forfeit theRegistration Money in case the information furnished by the tenderer is found to be incorrect/ misleading withregard to the net worth, turnover, experience and other material facts.

L. SURRENDER

The request for surrender of plot will only be considered prior to the decision of cancellation by the GIDA andas per the following provisions:

1. In case of surrender before the issue of the acceptance letter, 50% of the registration money shall beforfeited.

2. In case of surrender after the deposit of reservation money, but before the date of deposit of the allotmentmoney, 100% of the registration money shall be forfeited, and any deposit over and above the registrationmoney may be refunded without any interest.

3. In case of surrender after the deposit of the allotment money but before the execution of the lease deed,full amount of the registration money and any deposit over and above the registration money shall beforfeited.

4. Surrender after execution of the lease deed shall not be allowed.

5. The date of surrender in the above case shall be the date on which such application is actually receivedat the GIDA’s office. No subsequent claim on the basis of postal delay, etc., will be entertained.

M. LEASE RENT

In addition to the premium of the plot, the Lessee/Sub-lessee shall have to pay yearly lease rent in the mannergiven below:

(i) The lease rent will be 0.5% of the plot premium for the first 10 years of lease period.

(ii) The lease rent may be enhanced by 50% after every 10 years i.e. 1.5 times of the prevailing lease rent.

(iii) The lease rent shall be payable in advance every year. First such payment shall fall due on the date ofexecution of the lease deed and thereafter, every year, on or before the last date of the previous financialyear.

(iv) Delay in payment of the advance lease rent will be subject to an interest @15% per annum on the defaultedamount and for the defaulted period.

(v) The leasee will have the option to pay lease rent equivalent to 12 years @0.5% per year i.e. equivalentto 6% of the total premium of the plot as “One Time Lease Rent” unless the GIDA decides to withdrawthis facility. On payment of “One Time Lease Rent”, no further annual lease rent would be required to bepaid for the balance lease period. This option may be exercised at any time during the lease period,provided the allottee has paid the earlier lease rent due and lease rent already paid will not be adjustedin the “One Time Lease Rent” option.

N. POSSESSION

1. The GIDA has earmarked approximate areas of land as shown against each plot at Sr. no 1 to 4 of ClauseA of this Brochure. Major parts of this land has already been acquired and is in possession of the GIDA.The allotment of this land will be done to the successful bidder. The allotment of the balance land willalso be made in favour of the same successful bidder as soon as this balance land is acquired/resumedand the GIDA is in a position to deliver its physical possession.

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2. Possession of allotted land will be handed over to the Leasee/Sub-Ieasee(s) after execution and registrationof lease deed/sub lease deed(s) for the same.

3. Execution and registration of lease deed can be done only after a minimum payment of 25% of the totalpremium of the relevant area of the plot and payment of one year lease rent in advance for the same hasbeen done.

4. The Lessee will be authorized to develop and market the flats on this land only after the lawful possessionof the land is taken over by the lessee.

5. The lessee shall prepare the detailed layout plan for the entire plot and submit it for the approval of theGIDA.

6. The internal development of the total plot shall be the full responsibility of the lessee and it shall be carriedout as per the lay-out plan approved by the GIDA.

7. The Lessee shall have to execute sub-lease(s) in favour of the individual allottees for the developed flatsin the form and format as prescribed by the GIDA.

8. The Lessee as well as the allottees shall have to follow the rules and regulations as prescribed in respectof leasehold properties and shall have to pay the charges as per the rules of the GIDA and the Governmentof Uttar Pradesh, as applicable.

9. Every sale done by the Lessee shall have to be registered before the physical possession of the propertyis handed over to the individual allottee(s).

10. The lessee shall submit list of individual allottees of flats within 6 months from the date of obtaining theoccupancy certificate.

O. INDEMNITY

The Lessee shall execute an indemnity bond, indemnifying the GIDA against all disputes arising out of:

1. Non-completion of Project,

2. Quality of construction

3. Any legal dispute arising out of allotment /Iease

The Lessee shall wholly and solely be responsible for implementation of the Project and also for ensuringquality, development and subsequent maintenance of building and services till such time, alternate agency forsuch work / responsibility is identified legally by the Lessee. Thereafter the agency appointed by the Lesseewill be responsible to the GIDA for the maintenance of the service to the constructed flats / building.

P. DOCUMENTATION

The allottee shall deposit due stamp duty for Lease Deed(s) in the Treasury of Distt. Gorakhpur and shouldproduce a certificate / deposit the stamp paper obtained from treasury of Gorakhpur in the Property Departmentof the GIDA within 90 days from the date of issue of Allotment Letter. The cost and expenses of preparation,stamping and registering the legal documents and its copies and all other incidental expenses will be borneby the allottee, who will also pay the stamp duty levied on transfer of immovable property, or any other duty orcharge that may be levied by any Authority empowered in this behalf. However in case of delay in executionof lease deed by the allottee, extension can be granted by the GIDA, at its discretion subject to payment ofpenalty @ Rs. 10/- for 1000 Sq.Mtrs. per day. The Lessee shall be solely responsible to communicate to theallottees of the flats the conditions applicable to them before making any allotment.

Q. CONSTRUCTION

1. The allottee is required to submit building plan together with the master plan showing the phases for

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execution of the project for approval within 6 months from the date of possession and shall start constructionwithin 12 months from the date of possession. Date of execution of lease deed(s) shall be treated as thedate of possession. The Lessee shall be required to complete the construction of group housing pocketson allotted plot as per approved layout plan and get the completion/occupancy certificate issued fromEngineering and Planning Section of the GIDA in maximum 5 phases within a period of 6 years from thedate of execution of the lease deed(s). The lessee shall be required to complete the construction ofminimum 15% of the total F.A.R. of the allotted plot as per approved layout plan and get temporaryoccupancy/completion certificate of the first phase accordingly issued from the Engineering and PlanningSection of the GIDA within a period of three years from the date of execution of lease deed.

2. The allottee shall make the provisions for the development of community facilities such as school,dispensary, milk-booth, community centre, electric sub-station, water storage tank, bus/taxi stand etc. asper the provisions of the Master Plan and Building Bye-Laws of the GIDA.

3. All the peripheral/external development works as may be required to be carried out, including theconstruction of approach roads, drains, culverts, electricity distribution/transmission lines, water supply,sewerage etc. will be provided by the Lessor / GIDA. However, all the expenses as may be required toconnect these services with the internal system of services of plot shall be incurred by the Lessee.

4. Without prejudice to the GIDA’s right of cancellation, the time for the completion of the Project can beextended for a maximum period of another three years only with penalty as under:

For first year the penalty shall be 4% of the total premium of the plot.

For second year the penalty shall be 5% of the total premium of the plot.

For third year the penalty shall be 6% of the total premium of the plot.

Extension for more than three years, normally will not be permitted.

5. In case the Lessee does not construct building within the time provided including the extension granted,if any, for the above, the lease deed, as the case may be, shall be liable to be cancelled. Lessee shalllose all rights to the allotted land and buildings appurtenant thereto.

6. The lessee may implement the project in maximum of five phases and the occupancy certificate/completioncertificate shall be issued by the GIDA phase wise accordingly, enabling them to do phase-wise marketing.

R. MORTGAGE

The mortgage permission shall be granted (where the plot is not cancelled or any show cause notice is notserved) in favour of a scheduled Bank/Govt. organization/ financial institution approved by the Reserve Bankof India for the purpose of raising resources, for construction on the allotted plot. The Lessee should havevalid time period for construction as per terms of the lease deed or have obtained valid extension of time forconstruction and should have cleared upto date dues of the plot premium and lease rent.

The Lessee will submit the following documents:

a. Sanction letter of the scheduled Bank/Govt. organization/ financial institution approved by the Governmentof India.

b. An affidavit on non-judicial stamp paper of Rs.10/- duly notarized stating that there is no unauthorisedconstruction and commercial activities on the Residential Area (Group Housing).

c. Clearance of upto date dues of the GIDA.

GIDA shall have the first charge on the plot towards payment of all dues of GIDA.

Provided that in the event of sale or for closure of the mortgaged/charged property, the GIDA shall be entitledto claim and recover such percentage, as decided by the GIDA, of the unearned increase in values of propertiesin respect of the market value of the said land as first charge, having priority over the said mortgage charge.The decision of the GIDA in respect of the market value of the said land shall be final and binding on all the

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parties concerned.

The GIDA’s right to the recovery of the unearned increase and the pre-emptive right to purchase the propertyas mentioned herein before shall apply equally to involuntary sale or transfer, be it bid or through execution ofdecree of insolvency from a court of law.

S. TRANSFER OF PLOTS / FLATS

Transfer of plots can be done with the prior approval of the GIDA on payment of transfer charges. Transfercharges shall be applicable in the prevailing rates as fixed by GIDA at the time of transfer. Individual flat willbe transferable with prior approval of the GIDA as per the following conditions:-

(i) The dues of the GIDA towards the cost of land shall be paid in accordance with the payment schedulespecified in the Lease Deed before executing of sub-lease deed of the flat.

(ii) The lease deed / sub lease deed has been duly executed.

(iii) Transfer of the flat will be allowed only after obtaining the temporary occupancy/ completion certificate forthe respective phase by the Lessee.

(iv) The sub-lessee of the individual flat undertakes to put to use the premises for the residential use only.

(v) First sale of a flat to an individual allottee shall be through a Sub-lease/Lease Deed to be executed onthe request of the Lessee to the GIDA in writing. No transfer charges will be payable in case of first sale.However, on subsequent sale, transfer charges shall be applicable on the prevailing rates as fixed by theGIDA.

(vi) Rs. 500/- shall be paid as processing fee in each case of sale of a flat in addition to the applicable transfercharges.

T. MISUSE, ADDITIONS, ALTERATIONS ETC.

The Lessee/Sub-lessee shall not use flat for any purpose other than for residential purposes.

In case of violation of the above conditions, allotment shall be liable to be cancelled and possession of thepremises alongwith structures thereon, if any, shall be resumed by the GIDA.

The Lessee/Sub-lessee will not make, any alteration or additions to the said building or other erections for thetime being on the demised premises, erect or permit to erect any new building on the demised premises withoutthe prior written consent of the Lessor / the GIDA and in case of any deviation from such terms of plan, shallimmediately upon receipt of notice from the Lessor / the GIDA requiring him to do so, correct such deviationsas aforesaid.

If the Lessee/Sub-lessee fails to correct such deviations within a specified period of time after the receipt ofsuch notice, then it will be lawful for the Lessor/ the GIDA to cause such deviation to be corrected at the expenseof the Lessee/Sub-lessee who hereby agrees to reimburse by paying to the Lessor/ the GIDA such amountsas may be fixed in that behalf.

U. LIABILITY TO PAY TAXES

The Lessee/Sub-lessee shall be liable to pay all rates, taxes, charges and assessment of every descriptionimposed by any Authority empowered in this behalf, in respect of the plot, whether such charges are imposedon the plot or on the building constructed thereon, from time to time.

V. OVERRIDING POWER OVER DORMANT PROPERTIES

The Lessor/ the GIDA reserves, the right to all the mines, minerals, coals, washing gold earth oil, quarries in

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or under the plot and full right and power at any time to do all acts and things which may be necessary orexpedient for the purposes of searching for, working and obtaining removing and enjoying the same withoutproviding or leaving any vertical support for the surface of the flats or for the structure time being standingthereon provided always, that the Lessor/ the GIDA shall make reasonable compensation to the Lessee/Sub-lessee for all the damages directly occasioned by the exercise of the rights hereby reserved. The decision ofthe GIDA on the amount of such compensation shall be final and binding on the lessee/sub-lessee.

W. MAINTENANCE

1. The Lessee/Sub-lessee at his own expenses will take permission for sewerage, electricity and waterconnections from the concerned departments.

2. The Lessee/Sub-lessee shall have to plan a maintenance programme whereby the entire demised premisesand buildings shall be kept:-

a) in a state of good condition to the satisfaction of the Lessor at all times.

b) and to make available required facilities as well as to keep surroundings in all times neat and clean,good healthy and safe condition according to the convenience of the inhabitants of the place.

3. The Lessee/Sub-lessee(s) shall abide by all regulations, Bye-laws, Directions and Guidelines of the GIDAframed/issued under section 8, 9 and 10 or under any other provisions of UP Industrial Area DevelopmentAct, 1976 and rules made therein.

4. In case of non-compliance of terms and directions of the GIDA, the GIDA shall have the right to imposesuch penalty as it may consider just and expedient.

5. The lessee/sub-lessee(s) shall make such arrangements as are necessary for the maintenance of thebuildings and common services and if the buildings are not maintained properly the GIDA will have thepower to get the maintenance done through any other agency and recover the amount so spent from thelessee/sub-Iessee(s). The lessee/ sub-Iessee(s) will be individually and severally liable for payment ofthe maintenance amount. The rules/regulations of U.P. Flat Ownership Act, 1975 shall be applicable onthe lessee/sub-Iessee(s). No objection to the amount spent for the maintenance of the buildings by thelessor shall be entertained and decision of the GIDA in this regard shall be final.

X. CANCELLATION OF LEASE DEED AND SUB-LEASE DEED

In addition to the other specific clauses relating to the cancellation, the GIDA will be free to exercise its rightof cancellation of allotment/lease/sub-Iease in the case of:

1. Allotment being obtained through misrepresentation/suppression of material facts, mis-statement and/orfraud.

2. Any violation of the directions issued or rules and regulations framed by any Authority or by any statutorybody.

3. Default on the part of the Lessee/Sub-lessee for breach/violation of the terms and conditions of theregistration/allotment/lease/sub-lease and/or non-deposit of the allotment amount.

4. If at the same time of such cancellation, the plot is occupied by the Lessee, the amount equivalent to25% of the total premium of the plot shall be forfeited and possession of the plot will be resumed by theGIDA with structure(s) thereon, if any, and the Lessee will have no right to claim any compensation thereof.The balance, if any, shall be refunded without any interest and no separate notice shall be given in thisregard.

5. If the allotment is cancelled on the ground mentioned in para X(1) above, the entire amount deposited bythe Lessee, till the date of cancellation shall be forfeited by the GIDA and no claim whatsoever shall beentertained in this regard.

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Y. OTHER CLAUSES

1. The GIDA / Lessor reserves the right to make such additions / alternations or modifications in the termsand conditions of allotment/lease deed/sub-lease deed from time to time, as may be considered just andexpedient and approved by the GIDA.

2. In case of any clarification or interpretation regarding these terms and conditions, the decision of the GIDAshall be final and binding on all concerned.

3. If due to any “Force Majeure” or such circumstances beyond the control of the GIDA, the GIDA is unableto make allotment or facilitate the Lessee/sub-Iessee(s) to undertake the activities in pursuance of theexecuted lease deed/sub-lease deed, the deposits depending on the stages of payments, will be refundedwithout any interest.

4. If the Lessee/sub-Iessee(s) commit any act of omission on the demised premises resulting in nuisance,it shall be lawful for the GIDA to ask the Lessee/Sub-lessee to remove the nuisance within a reasonableperiod, falling which the GIDA shall itself get the nuisance removed at the Lessee’s/Sub-Iessee’s costand charge damages from the Lessee/Sub-lessee for the period of subsistence of the nuisance.

5. Any dispute between the GIDA and Lessee/ Sub-Lessee(s) shall be subject to the territorial jurisdiction ofthe Civil Courts having jurisdiction over District Gorakhpur or the Courts designated by the Hon’ble HighCourt of Judicature at Allahabad.

6. The Lease Deed/Sub-Lease Deed will be governed by the provisions of the U.P. Industrial AreaDevelopment Act, 1976 (U.P. Act No. 6 of 1976) and by the rules and/ or regulations made or directionsissued, under this Act.

7. The GIDA will monitor the implementation of the project. Tenderers who do not have a firm commitmentto implement the project within the time limits prescribed are advised not to avail the allotment.

8. The Lessee/Sub-lessee shall be liable to pay all taxes/ charges leviable from time to time by the GIDA orany other Authority duly empowered to levy the tax/charges.

9. Dwelling unit flats shall be used for the residential purpose only. Default, if any, renders the lease/sub-lease liable to cancellation and the Lessee/sub-lessee will not be paid any compensation thereof.

10. Other buildings earmarked for community facilities can not be used for the purposes other than thecommunity requirements.

11. All arrears due to the Lessor/lessee/sub-Iessee would be recoverable as arrears of land revenue.

12. The Lessee/sub-lessee shall not be allowed change his role, otherwise the lease/sub-lease shall becancelled and entire money deposited shall be forfeited.

13. The GIDA in larger public interest may take back the possession of the land/building by making paymentat a reasonable rate as decided by the GIDA, whose decision in this regard shall be final and binding onthe lessee/sub-Iessee(s).

14. In case the GIDA is not able to give possession of any plot or any part thereof in any circumstances, thedeposited money against that part will be refunded to the allottee without any interest.

For further clarification please contact :Manager (Property)

GIDA, Administrative BuildingCivil Lines, GorakhpurPhone : 0551-2334486

Mobile : 9415386537, 9415854427website : www.gidagkp.org

e-mail : ceogida@rediffmail.com

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SPECIMEN C

OPY

APPLICATION FORM FOR TECHNICAL QUALIFICATION(To be kept in sealed Envelope No. 1)

Tender Form No. : ___________ Date : _____________

To,The Chief Executive Officer,Gorakhpur Industrial Development AuthorityCivil Lines, Gorakhpur-273 001Uttar Pradesh

Sub : Qualification details for the plot no. ______________________ of size ________________ sq. mtrs.

in Sector _______ in GIDA under Scheme Code GH - 2013

Sir,

With reference to the above subject, I/(We) Mr./Mrs. ___________________________________________ being

the director/partner/proprietor of M/s ___________________________________________________________,

Address _________________________________________________________________________________,

hereby, state that I/(We) are submitting herewith the required pre-qualification details and documents for

development and marketing under the terms of the scheme for Plot No. _______________ Area

_______________ Square Meter in size, in Sector _______ of GIDA.

Registered Office address ___________________________________________________________________

______________________________________________________________________________________

______________________________________________________________________________________

Phone No. : __________________________________________________________________________

Fax No. : __________________________________________________________________________

E-mail : __________________________________________________________________________

Correspondence address ___________________________________________________________________

______________________________________________________________________________________

______________________________________________________________________________________

Phone No. : __________________________________________________________________________

Fax No. : __________________________________________________________________________

E-mail : __________________________________________________________________________

AttestedPhoto of applicant /authorized signatory

by Nationalized bank.

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SPECIMEN C

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l!We declare that I/we have gone through the terms, condition and guidelines as mentioned in the brochureand understood the same. I/we further unconditionally declare that the said terms, condition and guidelinesare accepted and are binding on me/us.

Enclosures:

1. Details of registration money:

DO/Pay Order No. ______________________________ dated ___________ for Rs. _____________________

______________________________________________________________________________________

Issued by ____________________________________________________________________________

2. Details of processing fee:

DO/Pay Order No. ______________________________ dated ___________ for Rs. _____________________

______________________________________________________________________________________

Issued by ____________________________________________________________________________

3. All other supporting documents as mentioned in the tender document.

Yours faithfully

Signature of the applicant

Name : __________________________________________

Address : ________________________________________

_______________________________________________

Phone No. : _______________________________________

Fax No. : _________________________________________

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SPECIMEN C

OPY

Scheme Code - GH - 2013

APPLICATION FORM FOR FINANCIAL-BID(To be kept in sealed Envelope No.2)

Tender Form No. : ___________ Date : _____________

To,The Chief Executive Officer,Gorakhpur Industrial Development AuthorityCivil Lines, Gorakhpur-273 001Uttar Pradesh

Sub : Price-bid document for the plot no. __________________________ of size ________________ sq. mtrs.

in Sector _______ in GIDA under Scheme Code GH - 2013

Sir,

With reference to the above subject, I/(We) Mr./Mrs. ________________________________________________

being the director/partner/proprietor of M/s _______________________________________________________,

Address _________________________________________________________________________________,

___________________________________________________________________________ hereby, state that

I/(We) are submitting herewith the required price-bid document under the terms of the scheme for Plot No.

_______________ Area _______________ Square Meter in size, in Sector _______ of GIDA.

RATE OFFERED PER SQUARE METER (IN FIGURES) Rs. _______________________________________

RATE OFFERED PER SQUARE METER (IN WORDS) Rs. __________________________________________

l/We declare that I/we have gone through the terms, condition and guidelines as mentioned in the brochure

and understood the same. I/we further unconditionally declare that the said terms, condition and guidelines

are accepted and are binding on me/us.

Yours faithfully

Signature of the applicant

Name : __________________________________________

Address : ________________________________________

_______________________________________________

Phone No. : _______________________________________

Fax No. : _________________________________________

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Annexure - I (a)

Scheme Code - GH - 2013

GENERAL INFORMATION OF THE TENDERER(To be kept in sealed Envelope No. 1)

Tender Form No. : ___________ Date : _____________

1. (a) Name of the Proprietor/Firm/Company/Consortium __________________________________________

(b) Date & Place of Incorporation ___________________________________________________________

(c) Address of the Registered Office/Corporate Office and its Branch office(s), if any.

______________________________________________________________________________________

2. Details of the person of the Proprietor/Firm/Company/Consortium who will serve as the point of contact/communication for the GIDA.

Name ___________________________________________________________________________________

Designation _______________________________________________________________________________

Proprietor/Firm/Company/Consortium Address ____________________________________________________

Telephone Number _________________________________________________________________________

Fax Number ______________________________________________________________________________

E-mail Address ____________________________________________________________________________

In case of a consortium :

The information on the above point 1 & 2 should be provided for all the “relevant members” of the consortiumincluding the information regarding the role assigned to each of the “relevant member” regarding the executionof the project.

SI. Name of the “relevant member” Percentage of Equity owned Role assignedNo. in the consortium

1

2

3

Signature(Name of the Authorised Signatory)

For and on behalf (Name of the Tenderer)Designation

Place/Date :

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Annexure - I (b)

Scheme Code - GH - 2013

"FINANCIAL CAPABILITY STATEMENT OF THE APPLICANT"(To be kept in sealed Envelope No. 1)

Tender Form No. : ___________ Date : _____________

Name of Applicant / Consortium Lead Member & relevant members _______________________________________

______________________________________________________________________________________________

(Rs. Crores)

Particulars 2010-11 2011-12 2012-2013

Total Turnover From Total Turnover From Total Turnover From TOTALReal estate activities Real estate activities Real estate activitiesonly only only

Turnover of theApplicant/ ConsortiumLead Member &relevant membersas per auditedannual accounts

Real estate development and construction activities includes land development/housing/colonizing jobs of bonafideallotted land/commercial/IT /ITES Projects development (excluding merely trading in real estate).

Applicant's Signature

Certificate of the Chartered Accountant /Statutory Auditor

Based on Audited Accounts and other relevant documents, we M/s __________________________________________

Chartered Accountants/Statutory Auditors, certify that the above information is correct.

Signature and Seal of Chartered Accountants/Statutory Auditors

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Annexure - I (c)

Tender Form No. : ___________ Date : _____________

Scheme Code - GH - 2013

SUMMARY OF TECHNICAL EXPERIENCE (Details of Minimum one project related to real estate development& construction activities like land development/housing/colonizing jobs of bonafide allotted land/commercial/lT/ITES Projects development executed by the firm/company/Consortium and its members)

(To be kept in sealed Envelope No. 1)

Name of the Tenderer/Lead Member of the Consortium

SI. Description of Floor Cost of Month & Year Promoted & executedthe completed area Project of completion by Self/Subsidiary

project (sq.ft.) (Rs. Cr.) of the project Company/ Holding Company

1 2 3 4 5 6

1

2

3

Total floor area completed from all completed projects

Notes:

1) In case of a consortium, the above information shall be furnished in respect of the “lead member” and the“relevant members” only.

2) Attach compounding sanctioned plans/ completion certificates, separately for each of the residential/ commercial/IT/ ITES building completed, issued by the competent statutory authority adding to a minimum of 15.00 lacsq.ft. in aggregate of construction by the Tenderer/Consortium Lead Member, its Relevant Members and theirsubsidiaries and holding company.

3) The experience of the subsidiary company/holding company shall be added only in those cases where theholding company has at least 51% equity share holding in the subsidiary company and the floor area addedon this account to the experience of the tenderer would be only equivalent to that percentage of the floor areadeveloped by the subsidiary company and/or the holding company as is the percentage of the equity shareholding of the holding company.

4) In the absence of requisite details/certificates, the information would be considered inadequate and may leadto the exclusion of the relevant commercial/residential/lT/lTES building(s), while deciding the technical eligibilityof the tenderer.

Stamp & Signature(s) of the Signatures of the tendererStatutory Auditors/ (Name & Designation of the Authorized SignatoryChartered Accountant for and on behalf of the tenderer)

Place/Date :

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