Govt Of West Bengal The Kolkata Municipal Corporation West Bengal

The Kolkata Municipal Corporation RFP for free hold transfer of 7.44 acres of PSU Land at B.L. Saha Road REQUEST FOR PROPOSAL FOR FREE HOLD TRANSFER OF 7.44 ACRES (Approx.) OF PSU-EDCL LAND AT 34, BASANTALAL SAHA ROAD (KMC PREMISES NO-82, BASANTALAL SAHA ROAD) , KOLKATA-700053 WARD- 117, BOROUGH- XIII THE KOLKATA MUNICIPAL CORPORATION Central Municipal Office 5, S. N. Banerjee Road Kolkata – 700 013 November 2 0 1 8 1 The Kolkata Municipal Corporation RFP for free hold transfer of 7.44 acres of PSU Land at B.L. Saha Road TABLE OF CONTENTS 1. BACKGROUND ……………………………………….…….……….…............. 3 1.1 About the land …………………………………….................................... 3 1.2 Location of the land…………………………………….............................3 1.3 Objective……………………………………............................................ 3 1.4 Schedule of the property…………………………………......................... 3 2. IMPORTANT INFORMATION FOR BIDDERS...............…………............... 4-7 2.1 At a glance ……………………………………......................................... 4 2.2 Registration of Bidders……………………………………....................... 5 2.3 Documents to be furnished……………………………………................. 5 2.4 Eligibility Criteria……………… …………………….............................. 6 2.5 Use and Protection of User ID, Password and Digital Signature Certificate.... 7 2.6 Schedule of Dates ……………………………………............................. 7 3. BIDDING PROCESS..............……….................................................................. 7-8 3.1 Bid system……………………………………............................................7 3.2 Caution in submission of bid………………………………........................7 3.3 Bid starting price & Incremental bid price…………………………….........8 3.4. Earnest Money Deposit (EMD) ………………………………...................8 4. FORFEITURE OF EARNEST MONEY DEPOSIT…………..................................... 9 5. PAYMENT SCHEDULE ............................................................................................. 9 6. DEFAULT IN PAYMENT BY THE SUCCESSFUL BIDDER…………………..10 7. TERMS AND CONDITIONS OF TRANSFER OF LAND AND BID ........... 10-12 8. DISPUTE RESOLUTION AND ARBITRATION ……………..…...............….......12 ANNEXURE - A: LETTER OF BID & INTENT..…… ….................……..................13-14 ANNEXURE - B: ORGANIZATION DETAILS OF THE BIDDER….…................15 APPENDIX - C : SITE PLAN…....………………………………………..…...............16 2 The Kolkata Municipal Corporation RFP for free hold transfer of 7.44 acres of PSU Land at B.L. Saha Road 1. BACKGROUND 1.1 About the land The Kolkata Municipal Corporation (KMC) on behalf of the EDCL, a PSU of GoWB, is entrusted to auction free hold transfer of vacant land bounded by boundary wall measuring approximately 7.44 acres at the junction of Roy Bahadur Road and Basantalal Saha Road, Kolkata – 700053, in a manner so as to realize its maximum revenue out of auction . There is a water body of an area 0.81 acre within the total area of 7.44 acres. As per KMC Building Rules, FAR for the same area of water body will be allowed and relocation of equivalent area of water body also be allowed. ULC exemption will be provided by the competent authority before the initial payment is made. 1.2 Location of the land The land is near the upmarket New Alipore locality and walking distance from Tollygunge Circular Road .The site is also close to the Radindra Sarovar and Uttam Kumar Metro stations. The location is very close to Rabindra Sarovar,new bridge from Anwar Shah Road to B.L.Saha Road and mega shopping malls .Premier Institutes like Jadavpur University is also not far from the subject land. 1.3 Objective The objective of the exercise is to unlock the value of land resources in possession of EDCL, a PSU of GoWB . 1.