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
OFFICE OF THE REGIONAL MANAGER,
RIICO LIMITED, INDUSTRIAL AREA KHERDA
SAWAI MADHOPUR- 322001
PHONE – 07462-220581, FAX- 07462-220525
Email- sawaimadhopur@riico.co.in
Reserve Rate
(Per Sqm.)
Earnest
Money (in
Rs.)
(Each Plot)
Place & date for Receiving
Sealed Bid
1. Karauli G-40 1496 3000/- 224400/- On 19.12.2012 up to 3.00
G1-51 1000 3000/- 150000/-
P.M. and will be opened on
the same date at RIICO
H1-87 429 3000/- 64350/-
Office, Karauli Tel.
07462-220581
H1-88 412 3000/- 61800/-
H1-91 500 3000/- 75000/-
2. Kherda H-119 700 2200/- 77000/- On 20.12.2012 up to 3.00
H-118 700 2200/- 77000/-
P.M. and will be opened on
the same date at RIICO
Office, Kherda, Sawai
Madhopur Tel.
07462-220581
Terms & Conditions
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 born 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 in installments including
interest as prescribed by the corporation from time to time. However, the allottee
may opt to deposit the balance 75 % amount within 60 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.
Regional Manager