RLDA Offers Land for Commercial Development at Western Express Highway

Rail Land Development Authority (RLDA) offers land for commercial development on 45 years lease term at Western Express Highway, Bandra (East) Mumbai.

According to the project, the developer will finance, design, construct, operate, maintain and market a Commercial Office Complex (Measuring approximately 4.3 Hectares) at Bandra (East), Mumbai for the lease period of 45 years.

Lease Term: The project structure will be on long lease for a period of forty five years.
Bid Document: The RFP document is already available on the official website of RLDA “www.rlda.in”. The pre-bid meeting has already been held on 16.4.2014 The reply to the queries along with the amended bid documents has been uploaded on the website of RLDA. All interested Bidders are requested to submit the amended bid document only.

Relevant Dates Address for Submission:
The Vice Chairman
Rail Land Development Authority
Near Safdarjung Railway Station, Moti Bagh-I,
New Delhi 110021
Phone: 011-24122834/5, Fax: 011-24104793
Last date for sale of RFP 02.06.2014 upto 1800 hrs
Last date for submission of completed tender document 03.06.2014 at 1200 Hrs IST
Opening of Technical Bids 03.06.2014 at 1230 Hrs IST

ELIGIBILITY CRITERIA
The Eligible Bidders: The Bidder must be a registered LLP, Co-op society, Trust, Public or Private Ltd. Company incorporated and registered in India under the Indian Companies Act, 1956, Or a foreign company duly incorporated in that country. The Bidder can submit the bid either individually or in consortium with other entities subject to compliance with applicable laws, policies and guidelines of Government of India and will have to meet the following eligibility criteria.

Technical Eligibility Criteria: The Bidder / member(s) of the consortium (holding at least 10% equity in consortium) should have completed (as a developer or contractor or owner) at least one real estate project (residential, commercial, township or institutional etc.) of 31,900 sq m built up area in the last ten years or should have completed multiple real estate projects with minimum commutative built up area of 160,000 sq m the last ten years;

Financial Eligibility Criteria: The minimum average annual gross revenues of the Bidder / member(s) of the consortium (holding at least 26% equity in consortium) should be at least Rs. 1220 Crore for last three financial years as perthe audited annual balance sheets.
In case of a consortium, maximum 4 members are allowed and the Lead member should meet minimum 50% of the Financial Eligibility Criteria. All documentary evidences of experience and certificates must be enclosed in support of the above.

The Application Procedure: The detailed “Request for Proposal” document may be obtained from the address given above on payment of non- refundable fee of Rupees 1,00,000/- (One Lakh) through non refundable demand draft / banker’s cheque in favour of “Rail Land Development Authority”, payable at New Delhi, India or can be downloaded from the RLDA website (www.rlda.in). Applicant’s who download the RFP documents from the website must submit the RFP document fee of the same amount in the form of a non- refundable demand draft / banker’s cheque along with each application. The important dates in this respect are mentioned above:

Contact Information
Mr. Anil Kumar Gupta
General Manager/RI
Rail Land Development Authority
Near Safdarjung Railway Station, Moti Bagh-I, New Delhi 110021 Ph: 011 24103517, Fax: 011-24104793, Email:- [email protected]

Mr. Vikesh Mehta, Partner
Mr. Aashish Kapur, Associate Director
Grant Thornton Advisory Pvt. Ltd.
Ph:0124-4628000, Fax: 0124-4628001
Mobile:-+91 9311265007, Email:[email protected]

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