Maharashtra State Infrastructure Development Corporation Tender

The bidder is required to have prior work experience in similar projects, with specific requirements including experience in Real Estate Development projects, such as Government/Institutional buildings, Commercial/Shopping Complex, Mixed Use Complex, Hotel buildings, Convention Centres, Auditoriums, Hospital buildings with requisite parking and conforming to Green Building Rating. The required prior work experience includes: - At least one similar project with a built-up area of 6,85,946 sq.ft. in the last 10 financial years in India. - Alternatively, at least two similar projects with a built-up area of 4,28,716 sq.ft. each, or at least three similar projects with a built-up area of 3,42,973 sq.ft. each, in the last 10 financial years in India. The value and percentage of similar works completed include: - 90% completed projects (in terms of project cost) shall be accepted. - The 90% project cost shall be more than the capital cost of the qualifying projects. The bidder should have an Average Turnover of INR 355,00,00,000/- (Rupees Three Hundred Fifty-Five Crores only) for the last 3 financial years, a minimum Net-worth of INR 177,20,00,000/- (Rupees One Hundred Seventy-Seven Crores Twenty Lakhs Only) as on 31.3.2024, and un-utilized Credit Lines/Financial Facility with its Bankers or liquid funds to the tune of at least INR 177,20,00,000/-. The Capital Cost of each Similar Project shall be updated to the current level with a multiplication factor ranging from 1.00 to 1.35, depending on the year of completion.