TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...

Tirupathi Urban Development Authority
Integrated Tourism Temple Township will be a fully integrated community with hotel,
tourist attractions, secluded luxury residences, sophisticated high rises, school,
commercial regions, recreational facilities and green space.
TUDA now invites interested and capable parties to develop the proposed Integrated
Tourism Temple Township on Public Private Partnership basis. The proposal for the
Integrated Tourism Temple Township has been submitted to TUDA by a developer and is
now being thrown open to bidding through Swiss Challenge Route. TUDA proposes to
select the developer to implement the project through this route.
The Project is proposed to be developed through private sector participation. The
Selected Developer would be required to commercially market the Project and, as
enabled under the Development Agreement, recover the investment through the sale
proceeds. The Selected Developer shall have to obtain all the clearances/ approvals etc.
required for development of the township.
2.3 Contractual Structure
The selected developer would enter into a Development Agreement with TUDA for
implementation of the Project on Public Private Partnership basis. The successful bidder
shall be responsible for the design, construction and subsequent maintenance of the
Project in accordance with the proposal submitted by it and accepted by TUDA. The
proposed draft of Development Agreement is enclosed as Exhibit 14.
2.4 Commercial Consideration
The bidding process involves the interested parties to make their Commercial Offer to
TUDA. The Commercial Offer would be in terms of fixed amount of monies paid and/ or
revenue sharing with TUDA.
2.5 Permitted Development
The Project Company shall adhere to the development control rules, FSI limits, statutory
requirements, laws of the land, the principles of Good Industry Practice, and any other
norms, which are applicable from time to time.
Request For Proposal
Development of Integrated Tourism Temple Township on Public Private Partnership Basis
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