Office of The Regional Manager, RIICO Ltd. Sawai Madhopur

Office of The Regional Manager, RIICO Ltd. Sawai Madhopur
Telephone No. 07462-220581 Fax No. 07462- 220525
Web Site: www. riico.co.in Email : sawaimadhopur@riico.co.in
SEALED BID INVITATION OF PLOTS FOR INDUSTRIAL USE
Ind. Area Plot No. Area in
Sqm
(Each)
INDUSTRIAL PLOTS
Reserve
Rate (Per
Sqm.)
Earnest
Money (in
Rs.)
(Each Plot)
Place & date for
Receiving Sealed Bid
1. Karauli H1-88 412 4000/- 82400/- On 15.03.2013 up to 3.00
H1-91 500 4000/- 100000/-
P.M. and will be opened
on the same date at
RIICO Office, Karauli
Tel. 07462-220581
Terms & Conditions :
(A.K.Saxena)
Regional Manager
1- The plot will be used for the purpose it is auctioned i.e. industrial plots for industrial purposes.
2- The plot will be auctioned on ‘as is where is’ basis.
3- The bidders will be required to affix his passport size photograph with the bid documents and will
furnish identity proof along with address proof which have legal sanctity / validity and
universally accepted for such purposes. In case the bidder is a legal entity i.e. Company, Trust,
Society, the photograph of person authorized by the entity be affixed.
4- Sealed bid/ offers shall be Received/opened as per program in presence of present bidders.
5- No limited auction between/ among the bidders shall be conducted.
6- Conditional offers shall not be accepted.
7- Allotment of plot will be made to the highest bidder on lease hold basis. The highest bidder for
industrial plot will be required to submit the prescribed land allotment form along with project
report and other related documents for allotment of the plot.
8- The rate quoted by the highest bidder will be valid up-to the last day of the succeeding month i.e.
30 th or 31 st as the case may be.
9- The Earnest money of the unsuccessful bidders will be returned D.D./Pay Order, in original after
Opening of the sealed bid.
10- The corporation reserves full right to accept or reject any bid(s) without assigning any reason.
11- The Physical possession of the plot shall be taken by the allottee within the time period specified
in the rules. If the allottee does not turn up for taking physical possession within the stipulated
time period then the allotment will be cancelled.
12- The allottee shall adhere the provisions of the Rajasthan Stamps and Registration Act. The
registration charges and stamp duty shall be borne by the allottee.

13- The allottee shall abide by the Terms and conditions of RIICO Disposal of Land rules, 1979 and
amendments made therein from time to time.
14- The allottee will follow the building regulations and parameters as prescribed for the particulars
of the plot.
15- Terms and conditions of the payment :
a. All the participants have to deposit the Earnest Money (5 % of reserve price or Rs.
25000/- whichever is higher, For details see Table) in D.D./ Banker’s cheque payable in
favour of RIICO Ltd. Payable at Sawai Madhopur, before giving their sealed bid.
b. The highest bidder, after approval of the bid, has to deposit 25 % of the sale amount, after
adjusting amount already deposited as per (a) above, within 15 days from the date of
intimation, otherwise amount deposited earlier (on account of earnest money) shall be
forfeited without giving any further notice.
c. Balance 75 % amount shall be deposited by the allottee within 120 days from the date of
issuance of firm allotment letter. In case of failure, amount as prescribed in the rules shall
be forfeited.
d. All payment except (mentioned at ‘a’) above shall be accepted in cash/ D.D./banker’s
cheques/ local cheques. Payment through RTGS shall also be accepted. However,
payment through local cheques will be subject to realization of cheques and all the credit
shall accordingly be passed on.
For any further quarry, please contact on any working day, Regional Manager RIICO Limited Ind.
Area Kherda Sawai Madhopur (Raj)- 322001
Tel. No. 07462-220581, Fax No. 07462-220525.
(A.K.Saxena)
Regional Manager