SCHEME 2014-15 (SPORTS CITY) FOR DEVELOPMENT OF SPORTS CITY IN NOIDA

The New Okhla Industrial Development Authority (NOIDA), hereinafter called NOIDA, hereby
invites sealed Technical Qualification Bids and Financial Bids from interested eligible
parties for development of SPORTS CITIES in NOIDA. The bidder should submit sealed
tender in the prescribed forms for development and construction of the SPORTS CITY. The
land is offered on lease for ninety years basis.
DETAILS OF THE PLOT OF SPORTS CITY
Sl.
No.

1.

Plot No.

SC-02

Sector

Area of the
plot
(approx. in
Sqm.)

Reserve price
(in Rs./sq.m.)

Processing
fee
( in Rs. )

Earnest
money
(in Rs. )

150

12,00,000

18,865/-

10,00,000/-

20,00,00,000/-

*Areas are tentative and can be increased or decreased at the time of handing over of
possession.
The area of the land stated in these terms and conditions being approximate, the tenderer
whose tender is accepted, shall have to accept any variation, upto 20% either way in the
area of the land, for which the tender has been offered. The premium of the land will
proportionately vary due to such variation in the area.
The broad terms and conditions and eligibility criteria etc. for development of SPORTS CITY
are given in the Application Documents (hereafter referred to as DOCUMENTS) which can be
obtained from

HDFC Bank Sector-18, NOIDA.

PNB, Sector-I, NOIDA.

The scheme opens on 7th June, 2014 and applications shall be accepted from the aforesaid
date till the scheme closes on 26th June, 2014.
DEVELOPMENT OF SPORTS CITY: The development of SPORTS CITY to be carried out by
the successful Applicant shall be planned for the sports & institutional facilities as per the
specifications laid out by NOIDA along with other activities to support the development of the
SPORTS CITY as a whole.

LAND USE OF SPORTS CITY

The permissible broad break up of the total area under SPORTS CITY for different
land uses shall be as under:
A. Recreational (Sports, Institutional & Other Facilities and open areas) not less than 70
%
B. Commercial
not more than
0.5 %
Residential including Group Housing (1650 persons per hect.)
29.5 %
Considering the above land use pattern following planning norms shall be
applicable:1.
Maximum permissible ground coverage of the entire land shall be 30%
2.
Maximum permissible FAR on total land shall be 2.00 (subject to approval of
State Government).

3.

FAR & Ground Coverage in recreational land uses shall be as per prevailing byelaws.
Permissible FAR for land use shall be allowed in the entire area within set back
lines.
There shall not be any restrictions on the ground coverage and FAR in
Residential including Group Housing and Commercial land use within the overall
permissible limit of 30% ground coverage and 2.00 FAR (subject to approval of
State Government) on total land.
Ground coverage and FAR permissible for commercial use can be utilized for
recreational and residential (group housing activities).
Unutilized portion of FAR on recreational component on completion of sports,
institutional, other facilities and open areas can be utilized towards residential
developments.
The open/green areas on the recreational component (i.e. sports activities such
as Golf Course stadium etc, and open spaces) will be considered as open/green
areas for entire land.

4.
5.

6.
7.

8.

RESERVE PRICE, EARNEST MONEY AND PROCESSING FEES

i.

The reserve price for the total land earmarked for the proposed Sports City shall
be Rs. 18,865/- (Rs. eighteen thousand eight hundred sixty five only) per sq.
meter.
ii. Earnest Money shall be Rs. 20 crores.
iii. Processing Fee shall be Rs. 10 Lacs (non refundable- non adjustable)
ELIGIBILITY
1. Any proprietor or partnership firm, private or public limited company or a consortium
of any of the above, can submit tender(s). The firms and the companies should be
registered in India.
2. The tenderer should be competent to contract.
3. If a company wants to apply through a subsidiary company, then it should have a
minimum of 51% share holding in the subsidiary company. It is clarified that in this
case the applicant will be the subsidiary company who will have to qualify the
minimum requirements of net worth, solvency and turnover. However, in case the
tenderer/ consortium member is a company, then the qualifications of its holding
company (ies) of the lead member and the relevant members or their subsidiary
companies shall also be considered as the qualifications of the applying company/
consortium member.
4. In case of company, Board resolution authorizing the applicant to sign on behalf of
the company shall be attached with the tender application form.
5. In case of partnership firm having more than one partner, all the partners are
required to sign the tender document and the attached documents. In case the
documents mentioned above are not signed by all the partners, then necessary
authorization letter from all the other partners should also be enclosed.
6. In case of partnership firm the following documents should also be enclosed:
i. a certified copy of duly registered partnership deed
ii. certificate issued by Registrar of Firms
In case of company, the following documents should also 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/ Chartered Accountant
iii. copy of its Memorandum and Article 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 to correspond with the NOIDA. Lead member should be the single largest
shareholder having at least 30% share in the consortium. The shareholding of the
lead member in the consortium shall remain at least 30% till the temporary
occupancy/ completion certificate of at least one phase of the project is obtained from
the Noida. Each member of the consortium with equity stake of at least 05% will be
considered as the relevant member. The Lead Member of the consortium must
necessarily be a Firm/Company registered in India with the appropriate statutory
Authority.
b) The lead member and the relevant members should jointly qualify the minimum
requirement of net worth, solvency, turnover and experience. In case the tenderer is a
consortium, then the qualifications of the holding company(ies) of the lead member
and the relevant members or their subsidiary companies 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) conveying their intent to jointly apply for the scheme(s), and in case the plot is
allotted to them, the MOA shall clearly define the role and responsibility of each
member in the consortium, particularly with regard to arranging debt and equity for
the project and its implementation. MOA should be submitted in original duly
registered/notarized with appropriate authority.
d) The members shall submit a registered/notarized Memorandum of Agreement (MOA)
conveying their intent to jointly apply for the scheme, and in case the plot is allotted to
them, to form Special Purpose Company(ies) , hereinafter called SPCs, that will
subsequently carryout all its responsibilities as the allottee. The registered MOA
must specify the equity shareholding of each member of the Consortium in the
proposed SPCs. The SPCs must necessarily be Firm(s)/Company(ies) registered in
India with the appropriate statutory Authority. The allottee and in the case of
consortium, the lead member and/or the relevant member and/or SPC(s)
incorporated by them, put together, will have to construct on their own a minimum of
30% of the total permissible FAR on allotted area. In case of a consortium, the
responsibility of construction of this 30% of the total permissible FAR shall be clearly
specified in the MOA submitted by the consortium alongwith bid document. The
allottee and the members of the consortium shall have the option to sub lease a
maximum of 70% of land allotted to them as per the arrangements specified by them
in the MOA.
e) Execution of more than one lease deeds can be made by sub-dividing the plot in
favour of the lead member and/or the relevant member(s) and/or Special Purpose
Company(ies) (SPCs) formed by them, which should be firm(s) or incorporated
company(ies) registered in India. However, the area of each of such sub-divided plot
proposed for execution of lease deed, as described above, should not be less than
8,000 sq. mtrs. and the said sub-division should be in accordance with the planning
norms of the NOIDA.
9. Successful bidders can change the name of the executing company(ies)/body
corporate(s) within 60 days from the date of acceptance of the tender after taking
prior permission from the NOIDA.
10. However, the lessee/Sub-lessee(s) will be allowed to transfer upto 100% of its
shareholding, subject to the condition that the Lead Member (on the date of
submission of the tender) shall continue to hold at least 30% of the shareholding in
the SPC till the temporary occupancy/ completion certificate at least one phase of the
project is obtained from the NOIDA. In compliance with the Govt. Order No. 5007/115-2010500(50)/10 dated 11th October, 2010, issued by the Department of Tax &
Registration, Government of Uttar Pradesh, the change in the name of shareholders

does not amount to transfer of the property of the Company. The Change in
Constitution Deed regarding change in the shareholders as a result of transfer of
share in the Companies is not mandatory to be registered under Section 17 of the
Registration Act, 1908. In addition to this, no stamp duty of leviable on this CIC deed
under Clause 23 of Schedule 1b of the Stamp Act, 1899. No transfer charges shall
be leviable on the transfer of shares in the Companies and no prior approval of the
NOIDA shall be required for transferring the shares.

ESSENTIAL QUALIFICATIONS:TECHNICAL ELIGIBILITY CRITERIA:

Details of minimum two completed projects related to real estate development and
construction activities (excluding merely trading in real estate) like land development/
housing/ colonizing jobs of bonafide allotted land/ commercial/ IT/ ITES projects development
executed along with approximate cost and date of completion during the last 5 years to be
submitted. The total compounding certificates / completion certificates should be a minimum
of 10.00 lac sq. ft. in aggregate of construction by the Tenderer/ Consortium Lead Member, its
Relevant Members and their subsidiaries and holding company (ies), as per Annexure 1(c).
FINANCIAL ELIGIBILITY CRITERIA:
Parameters
(i) Minimum Net Worth as on 31-3-2014 duly certified by the tenderers
statutory auditors/ Chartered Accountant
(ii) Minimum Solvency as per Certificate not more than 6 months old,
from a Nationalised/Scheduled Bank
(iii) Minimum Total Turnover from real estate activities for the last 3
accounting years duly audited by the tenderers statutory auditors/
Chartered Accountant i.e. 2010-11, 2011-12 and 2012-13 as per
Annexure-I (b) of this brochure
(iv) Earnest money
(v) Processing Fee (Non adjustable/non refundable)

Rs. 125 Crores

Rs. 30 Crores

Rs. 250 Crores

Rs. 20 Crores
Rs. 10 Lakhs

Net Worth Calculation shall be done as below :

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

In case of a Partnership firm, the contribution by each partner taken together in the
capital of the firm shall be considered as Net Worth of the Partnership Firm excluding
intangible assets, if any. Net Worth Statement certified by the statutory auditors/
Chartered Accountant of the firm should be submitted.

(c)

Individual Net Worth statement (relating to application made by proprietorship firm)

certified by the tenderers 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.

PLEASE ALSO ATTACH

(i)
(ii)

List of projects in hand at present and the status, of their implementation, cost
incurred and expected time of completion of each project separately.
Organization chart, list of staff, details of in-house architectural facilities, list of
structural consultants/engineers used during the last three years.

NOTE:-(i)
(ii)

All amounts are in Indian National Rupees.

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, as enumerated above.

HOW TO APPLY
1. The intending bidder may apply for allotment of plot on prescribed Application Form.
The Form shall be made available on payment of Rs. 10,000/- at HDFC Bank,
Sector-18, Noida & Pujnab National Bank, Sector-I, NOIDA.
2. The Earnest money and processing fee should be in the form of Bank Draft/Pay
Order in favour of New Okhla Industrial Development Authority payable at New
Delhi/Noida
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 SPORTS CITY PLOT NO. SC-02,
SECTOR- 150 and FINANCIAL BID (ENVELOPE No.2) FOR SPORTS CITY PLOT
NO. SC-02, SECTOR 150, respectively.
5. Both these sealed envelopes should be put into one envelope which should be super
scribed as application for SPORTS CITY PLOT. This envelope should also be sealed
before putting into tender box.
6. The demand draft for processing fee & Earnest money should be attached with
technical qualification bid documents.
7. The following documents are required to be submitted with the
Technical
Qualification Bid documents placed in Envelope No.-I after getting them duly certified
by the tenderers statutory auditors/ Chartered Accountant.
i.

Certified true copy of Certificate

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 numbers are large, list should contain details of major
shareholding i.e of promoters, institutions, corporates and the public.

vi.

Audited annual reports for the last three (3) years i.e. 2010-11, 2011-12 and
2012-13 (in case unaudited for the year 2013-14, CAs certified annual report
should be submitted). In case of a Consortium, the audited annual reports of
each MEMBER of the consortium for last three years shall be submitted.

vii.

Board resolution authorizing the person for making this application

viii.

Partnership Deed in case of Partnership firm

ix.

Copy of the certificate issued by Registrar of Firm.

x.

Net Worth Statement certified by the statutory auditors/ Chartered

Accountant of the Company/ Partnership firm.

xi.

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

of

Incorporation/

Certificate

for

xii.

Solvency Certificate not more than 6 months old from a nationalized/

scheduled bank.

xiii.

Details of work experience along with copies of compounding

certificates/completion certificates, issued by the concerned statutory
authority as per format given in Annexure-I (c).
Apart from the above list (not exhaustive) relevant documents mentioned in
other part of this document also needs to be submitted.

ACCEPTANCE & OPENING OF TENDERS AND THE PROCEDURE FOR ALLOTMENT

1. Technical qualification bids for the tenders will be received on 26th June, 2014 from
10.00 A.M. to 12.00 noon in the office of Deputy General Manager (Commercial), Sector
6, Noida and will be opened in the presence of the bidders at 1.00 p.m. on the same day
in Board Room, Administrative Building,, Sector 6, Noida. The presence of all the
tenderers is solicited.
2. All the Technical Qualification Bids shall be examined by the NOIDA, who shall declare
the list of the technically qualified bidders. The decision of the NOIDA in this regard, shall
be final and binding on all the bidders.
3. The Financial bids of only technically qualified bidders shall be opened subsequently. The
Technically Qualified bidders shall be informed of the time and date of opening of
financial bids. The Unqualified Technically bidders will not be informed regarding the
opening of financial bids. However the list of technically qualified bidders along with the
schedule of opening of financial bids shall be displayed on the notice board of the
authority.
4. In case more than one tender of same highest amount is received against the plot, an
auction will be conducted amongst these highest amount bidders, so as to enhance the
highest financial bid quoted.
5. Incompletely filled tender document will be summarily rejected.
6. The tenderer cannot withdraw the Offer/Tender once made.
7. The NOIDA may, without assigning any reason, add one or more plots in the scheme
and/or withdraw any one or all of the plots from the scheme at any stage. Similarly size of
the plot may be increased or decreased.
8. The tenders shall be opened by the Committee constituted for this purpose by NOIDA.
9. The NOIDA may accept or reject any offer, including the highest bid, and his decision in
this behalf shall be final and binding on the tenderer.
There will be no correspondence on issues/grounds raised in technically disqualified bids.
MODE OF PAYMENT AND PAYMENT PLAN
1. The successful bidder shall be issued an allotment letter for the acquired area and
reservation letter for the balance un-acquired area. Allotment letter(s) of the area(s)
contiguous to the already acquired and allotted land shall be issued as and when the
balance land (in full or parts) is acquired and available for handing over possession to the
successful bidder.
2. All payment should be made through a demand draft/pay order drawn in favour of NEW
OKHLA INDUSTRIAL DEVELOPMENT AUTHORITY and payable at any scheduled
bank located in New Delhi/Noida. The applicant/ allottee should clearly indicate his name
and details of plots applied for / allotted on the reverse of the demand draft/pay order.

3. The successful bidder shall be required to pay 5% of the total premium of the plot as
reservation money after adjusting registration/earnest money within 30 days from the date
of issuance of Acceptance Letter, otherwise the claim for allotment will be treated as
deemed cancelled. No correspondence will be entertained in this regard. After
confirming the receipt of 5% amount as mentioned above, the formal Allotment and/ or
Reservation Letter will be issued.
4. The allottee on issue of formal Allotment and/or Reservation Letter shall then be
required to pay 15% of the total premium of the plot allotted and reserved as
allotment/reservation money within 90 days from the date of issuance of such
Allotment letter(s)/Reservation Letter(s).
5. The allottee shall also deposit due stamp duty (Stamp duty calculation should also be got
verified from the concerned Sub-Registrar, Gautam Budh Nagar by the allottee himself/
themselves) for lease deed in treasury of District Gautam Budh Nagar and should
produce a certificate to that effect in Commercial Department Noida within 180 days from
the issue of allotment letter.
6. The balance 80% premium of the plot will be paid in 16 half yearly installments along with
interest@ 11% p.a. from the date of issue of reservation letter for the land indicated in the
brochure of the scheme/ reservation letter.
7. In case of default in depositing the installments or any payment, interest @ 14%
compounded half yearly shall be leviable for defaulted period on the defaulted amount.
8. Premium referred to in this document means total amount payable to the Authority for the
allotted and reserved land.
9. All payments should be remitted by due date. In case the due date is a bank holiday then
the allottee should ensure remittance on the previous working day.
10. In case of default, the allotment and reservation offer will be considered as cancelled
without any further notice and the amount equivalent to Earnest money shall be forfeited.
No interest will be paid on such amounts. However, this is subject to the clause
Extension of Time of this document.
11. The payment made by the allottee will first be adjusted towards the interest due, if any,
and thereafter the balance will be adjusted towards the premium due and lease rent
payable.
12. In case of allotment of additional land, the payment of the premium of the additional land
shall be made in lump sum within 30 days from the date of communication of the said
additional land as per prevailing policy of NOIDA.

EXTENSION OF TIME
1. Normally extension for depositing the allotment/ reservation money shall not be
allowed. However, on receipt of request from the allottee in writing and on being
satisfied with the reasons mentioned, the NOIDA may grant a maximum of 60 days
extension to deposit the reservation money/allotment money, subject to the payment
of interest
@ 14% (11% normal interest + 3% penal interest) per annum
compounded half yearly on pro-rata basis. Thereafter, ordinarily no extension of time
will be granted and the allotment will be cancelled along with the forfeiture of the
earnest money.
2. In exceptional circumstances, the time for the payment of balance due amount may
be extended by the Chief Executive Officer of the Authority.

3. However, in such cases of time extension, interest @ 14% per annum compounded
half yearly shall be charged on the outstanding amount for such extended period.
4. For the purpose of arriving at the due date, the date of issuance of allotment letter will
be reckoned as the date of allotment.
LEASE RENT
In addition to the premium of plot, the Lessee shall have to pay yearly lease rent in
the manner given below:
(i) The ground rent/lease rent @ Rs. 1/- per sqm. per year for the first three years
from the date of execution of the lease deed.
(ii) Thereafter, the ground/lease rent shall be charges @ 2.5% p.a. of the total
premium of the plot for next seven years of the first ten years.
(iii) After ten years from the date of execution of the lease deed, the lease rent may
be increased @ 50% and that rate will be applicable for the next ten years and
this process will continue for future.
(iv) The lease rent shall be payable in advance every year. First such payment shall
fall due on the date of execution of lease deed and thereafter, every year, on or
before the last date of previous financial year.
(v) In case of failure to deposit the due lease rent by the due date, interest will be
charged @ 14% p.a. (11% normal interest + 3% penal interest) compounded half
yearly, on the defaulted amount and for the defaulted period..
(vi) The allottee/ lessee has the option to pay lease rent equivalent to 11 years @
27.5% of the premium of the plot per year as One Time Lease Rent unless the
Authority decides to withdraw this facility. On payment of One Time Lease Rent,
no further annual lease rent would be required to be paid 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 considered in One Time Lease Rent option.

NOTE:
For the purposes of this document, the date of issue of the allotment letter shall be
treated as the date of allotment and the date of execution of the lease deed shall be
treated as the date of taking over of possession.
POSSESSION

1. Approximately 12,00,000 Sq.mtrs. of land is proposed to be made available to the

lessee for the development of the SPORTS City on the basis of actual acquisition and
physical possession for plot no. SC-02, Sector- 150. NOIDA has earmarked
12,00,000 Sq.mtrs. approx. of land for the SPORTS City out of which approximately
3,00,000 Sq, Mtrs. of land has already been acquired and is in possession of NOIDA.
The allotment of balance land will be done as soon as the same is acquired and
physical possession taken, for which Reservation Letter will be issued alongwith the
Allotment Letter for the already acquired land.
2. Possession of allotted land will be handed over to the Lessee after execution and
registration of lease deed.
3. Execution and registration of lease deed can be done only after a minimum payment

of 20% of premium and payment of one year lease rent in advance.

4. Internal development of the sector shall be the full responsibility of the lessee and it
shall be carried out as per the lay-out plan approved by the NOIDA.

IMPLEMENTATION & COMPLETION OF PROJECT

Implementation
1. The Lessee shall be required to complete the construction of minimum 15% of the
permissible area earmarked for sports, institutional & other facilities within a period of 3
years from the date of execution of Lease Deed and shall complete the project in phases
within 5 years. However, the residential and commercial development/ construction may
be completed in phases within 7 years. Further more, the lessee has to develop
residential and commercial component in the project in proportion to area earmarked for
recreational uses. However, extension in exceptional circumstances can be granted by
NOIDA, on payment of extension charges applicable as per prevailing policy at the time of
granting such extension. Delays due to encroachment, force majure, legal issues like
stay orders etc. shall be considered for extension.
2. The construction on the land shall have to be done as per the controls prescribed
under these Terms and Conditions and the building regulations and directions of the
NOIDA.

Completion
1. The Completion Certificate will be issued by the NOIDA on the completion of the
project or part thereof in phases and on the submission of the necessary documents
required for certifying the completion of the project or part thereof.
Indemnity
The lessee shall be wholly and solely responsible for the implementation of the Project
and also for ensuring the quality of development/constructions, subsequent operations
and maintenance of the facilities and services, till such time as the alternate agency for
such work is identified and legally appointed by the lessee after prior written approval of
NOIDA. The lessee shall execute an indemnity bond, indemnifying the NOIDA against all
disputes arising out of:
a) The non-completion of the project
b) The quality of development, construction, operations and maintenance
c) Any legal dispute arising out of allotment, lease and/or sub-lease to the
final purchaser(s).
GENERAL TERMS AND CONDITIONS

Land for development of SPORTS CITY shall be acquired by NOIDA and given to the
lessee on free from all encumbrances lease for a period of 90 Years for which
appropriate lease deed shall be executed between NOIDA and the lessee.
The allottee will be required to execute the lease deed of the plot within 180 days
from the date of issue of allotment letter. In case of failure to do so, the allotment of
plot may be cancelled and 20% of the premium (proportionate tendered amount) of
the plot may be forfeited. Amount deposited towards the extension charges, interest
and other penalties etc. may also be forfeited.
However, in exceptional
circumstances, the extension of time for the execution of the lease deed and taking
over possession may be permitted. The extension will be subject to the payment of
charges @ 5% p.a. of the total premium of the plot at the tendered rate, which will be
calculated on day to day basis. The relevant documents/ certificate of demarcation of

the plot carried out by the concerned Project Engineer of the NOIDA Authority shall
be annexed with the lease deed. The date of execution of lease deed shall be
considered as the date of taking over of physical possession and no plea contrary to
this shall be entertained.
The lessee shall plan development of SPORTS CITY by adhering to the land use
percentages as mentioned in the brochure.
Composite Floor Area Ratio (FAR) of 2.00 (subject to approval of State
Government) on the total gross area of the allotted land will be permissible, which is
fungible / transferable in different land use components as prescribed
The obligations of the developer with respect to the development of sports,
institutional & other facilities are prescribed in Annexure 2 of this document.
Subject to provision of Master Plan and regulation of NOIDA:
The lessee shall be entitled to sub-lease the sports, other facilities and institutional
activity, with prior approval of NOIDA/Lessor.
o Commercial and residential area can be sub-leased without any approvals on
tripartite agreement basis.
o The transfer of whole plot and sub-lease of built up space shall be governed
by the transfer policy prevailing at the time of such transfer or sub-lease of
built up space.
o Without obtaining the completion certificate the lessee shall have the right to
sub-divide the allotted plot into suitable smaller plot as per the planning
norms of the NOIDA only for the area available for residential & commercial
use and to transfer the same to the interested parties, if any, with the prior
approval of the NOIDA on payment of transfer charges at the rate prevailing
on the date of transfer. However, the area of each of such sub-divided plot
should not be less than 8,000 Sq.mtrs.
o

o
o
o

o
o

The allotment of land by NOIDA shall be on lease basis; however, in future it

can be converted in free hold as per the terms and conditions specified by
NOIDA.
Multiple renting shall be admissible to the lessee and for the sub-lessee as
per prevailing policy.
The lessee shall make necessary arrangements of finances for development
of SPORTS CITY to the satisfaction of NOIDA.
The lessee shall make necessary arrangements for designing, engineering,
and construction of the Project in accordance with the provisions of the
Master Plan and regulations of NOIDA.
The lessee shall adhere to Government policies and relevant codes of BIS/IS
relating to disaster management and energy conservation in land use
planning and construction works.
The lessee shall obtain applicable permits/sanctions/approvals etc. from
relevant Government agencies or local bodies or other authorities, as
applicable. NOIDA shall assist and facilitate the lessee to procure the
sanction/approval/ licence etc. expeditiously
Various incentives/ concessions including waiver of stamp duty etc. shall be
admissible to the lessee as per the State Govt. policy from time to time.
After the written approval of the Lessor/NOIDA Authority, the lessee can
implement/develop the project through its multiple subsidiary companies in
which the allottee/lessee company shall have minimum 90% equity share
holdings (such subsidiaries are exempted from stamp duty for transaction
between parent company and subsidiary company under the provisions of
Indian Stamp Act as per State Government notification).
The lessee/allottee who develop the project through its subsidiary company
shall be entitled for sub leasing the portion of allotted/leased land/built-up
area in favour of the subsidiary companies and the first transfer by such
subsidiary company, of the said allotted/leased land/built-up area which is
being developed or proposed to be developed by the subsidiary shall be
without any transfer charges. However, for subsequent transfer/sub-lease,
transfer charges as per prevailing policy (at the time of transfer) of the
Lessor/NOIDA Authority shall be payable.

10

o
o

For the first transfer of land/built-up area through sub-lease no additional

charges or transfer charges shall be payable by lessee to NOIDA or any
Authority.
The subsidiary company(ies) in whose favour sub lease deed is permitted
shall be entitled to mortgage the portion of land which is being developed by
them, as per rules of the Authority.
Areas are tentative and can be increased or decreased at the time of handing
over of possession. If any un-resumed land falls within the area on offer,
efforts will be made to resume it or to shift elsewhere.
The allottee/lessee shall abide by the suggestions of State Government if
any, in the master plan of NOIDA.
Sub lease of land / built-up area shall be allowed on the basis of approved
layout and building plans by NOIDA.

LANGUAGE AND CURRENCY

The tender and all related correspondence and documents shall be written in English
language. The currency for the purpose of the tender shall be the Indian National Rupee
(INR)
TENDERERS RESPONSIBILITY
It would be deemed that prior to the submission of the tender; the tenderer has made a
complete and careful examination of:

The eligibility criteria and other information/requirements, as set forth in this Brochure.
The various aspects including, but not limited to the following
o All other matters that might affect the tenderers performance under the terms
of this tender, including all risks, costs, liabilities and contingencies
associated with the Tender.

The NOIDA shall not be liable for any mistake or error or neglect by the tenderer in
respect of the above.
MODIFICATIONS AND WITHDRAWAL OF TENDERS
No tender shall be modified or withdrawn by the tenderer after the submission of the
tender documents. No bidder is allowed to file more than one bid. In case more than one
application is made by a bidder, all his bids will be rejected and the processing fee will be
forfeited. Conditional tenders will not be accepted.
DOCUMENTATION CHARGES
The cost and expenses of preparation, stamping and registering the legal documents and
its copies and all other incidental expenses shall be borne by the lessee, who shall also
pay the stamp duty levied on the transfer of immovable property or any other duty or
charges that may be levied by any statutory authority empowered in this behalf.
UNSUCCESSFUL TENDERERS
Earnest money draft shall be returned in original to the unsuccessful tenderer after
completion of the tender process. The processing fee is non-refundable and nonadjustable.

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SURRENDER
1. The lessee can surrender the plot within 30 days from the date of allotment. In such
case, earnest money deposited will be forfeited and the balance, if any, deposited against
the premium of plot, will be returned without interest.
2. In case the land is surrendered after 30 days from the date of allotment, the total
deposited amount or 10% of the total premium, whichever is less, will be forfeited and the
remaining amount will be refunded without interest. However, the amount deposited
towards lease rent, interest, extension charges etc shall not be refunded.
Note: The date of surrender in the above case shall be the date on which the application
for surrender is received at the NOIDAs office. No subsequent claims on the basis of any
postal certificate etc. will be entertained.
MORTGAGE
The mortgage permission shall be granted (where the plot is not cancelled or any show
cause notice is not served) in favour of a scheduled Bank/Govt. organization/financial
institution approved by the Reserve Bank of India for the purpose of raising resources, for
construction on the allotted plot. The Lessee/sub-lessee(s) should have valid time period
for construction as per terms of the lease deed/ sub lease deed or have obtained valid
extension of time for construction and should have cleared upto date dues of the plot
premium and lease rent.
The Lessee/Sub-lessee(s) will submit the following documents:
(a) Sanction letter of the scheduled Bank/Govt. organization/financial institution
approved by the Government of India.
(b) Clearance of upto date dues of the NOIDA.
NOIDA shall have the first charge on the plot towards payment of all dues of NOIDA.
Provided that in the event of foreclosure of the mortgaged/charged property, the NOIDA
shall be entitled to claim and recover such percentage, as decided by the NOIDA, of the
unearned increase in values of properties in respect of the market value of the said land
as first charge, having priority over the said mortgage charge. The decision of the NOIDA
in respect of the market value of the said land shall be final and binding on all the parties
concerned.
The NOIDAs right to the recovery of the unearned increase and the pre-emptive right to
purchase the property as mentioned herein before shall apply equally to involuntary sale
or transfer, be it bid or through execution of decree of insolvency from a court of law.
OTHER CLAUSES
1. The Authority / Lessor reserves the right to make such additions / alternations or
modifications in the terms and conditions of allotment/lease deed/sub lease deed
from time to time, as may be considered just and expedient.
2. In case of any clarification or interpretation regarding these terms and conditions, the
decision of the NOIDA shall be final and binding.
3. If due to any Force Majeure or any circumstances beyond NOIDAs control, NOIDA
is unable to make allotment or handover the possession of the allotted plot, entire
earnest money and/or the deposits, as the case may be, will be refunded, as per the
prevailing policies of NOIDA.

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4. If the Lessee commits any act of omission on the demised premises resulting in
nuisance, it shall be lawful for the NOIDA to ask the Lessee/ sub-lessee(s) to remove
the nuisance within a reasonable period failing which the NOIDA shall itself get the
nuisance removed at the Lessees/ sub-lessee(s) cost and charge damages from the
Lessee/ sub-lessee(s) during the period of existence of the nuisance.
5. Any dispute between the Authority and Lessee/ Sub-Lessee(s) shall be subject to the
territorial jurisdiction of the Civil Courts having jurisdiction over District Gautam Budh
Nagar or the Courts designated by the Honble High Court of Judicature at Allahabad
6. The Lease Deed/allotment will be governed by the provisions of the U.P. Industrial
Area Development Act, 1976 (U.P. Act No. 6 of 1976) and by the rules and/ or
regulations made or directions issued, under this act.
7. The NOIDA will monitor the implementation of the project. Applicants who do not
have a firm commitment to implement the project within the time limits prescribed are
advised not to avail the allotment.
8. The lessee/sub-lessee(s) shall be liable to pay all taxes/ charges livable from time to
time by the NOIDA or any other Authority duly empowered to levy the tax/charges.
9. Commercial premises/ residential premises as per the plans of the allottee approved
by NOIDA shall be used for commercial/residential purpose only. In case of default,
the lease deed is liable to be cancelled and the Lessee/ Sub- lessee(s) will not be
paid any compensation thereof.
10. Other buildings earmarked for community facilities shall not be used for purposes
other than community requirements.
11. All arrears due to the Lessor/Lessee(s) would be recoverable as arrears of land
revenue.
12. The NOIDA in larger public interest may take back the possession of the land/building
by paying a reasonable(s) compensation. The decision in this regard shall be final
and binding on the lessee/sub-lessee(s).
13. In case the NOIDA is not able to give possession of the land in any circumstances,
deposited money will be refunded to the allottee as per the prevailing policies of
NOIDA.
For further clarification please contact:
General Manager, (Commercial)
Main Administrative Building,
Sector 6, Noida

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Annexure 2
Facility

Minimum amount to
be spent (in Crore)

Golf Course (9 Hole)

Multipurpose Playfield
Tennis Centre
Swimming Centre
Pro-shops/food and beveragel
IT centre/Administration/Media Centre
Indoor Multipurpose Sports Hall including
Gymnastics
Badminton
Table Tennis
Squash
Basketball
Volley Ball
Rock climbing
Cricket Academy
Internal Roads & parks
Hospital / Senior Living / Medicine Centre
Circulation Spaces, Carpeting, Utilities etc

20

40.00
10.00
35.00
50.00
30.00
65.00
30.00

50.00
25.00
60.00
15.00