Manual for Allotment of Plots in Ranchi Smart City

MANUAL FOR ALLOTMENT OF PLOTS IN RANCHI SMART CITY

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Table of Contents

Introduction about the Project ...... 5 Regional Setting ...... 7 Investment Opportunities ...... 7 Site Location ...... 7 Data sheet ...... 8 1 Section I: Instructions to the Bidders/Applicants ...... 11 1.1 Eligibility Criteria ...... 11 1.2 Financial Eligibility Criteria: ...... 11 1.3 Technical Eligibility Criteria ...... 12 1.4 How to apply & Acceptance of Bid ...... 14 1.5 Language and currency ...... 16 1.6 Applicant‘s responsibility ...... 16 1.7 Documents required with Application ...... 16 1.8 Extension of time limit for deposit of Allotment money ...... 18 1.9 Payment options & schedule ...... 19 1.10 Unsuccessful applicants ...... 20 2 Section II: Special Conditions ...... 21 2.1 Development controls and adherence to bye-laws ...... 21 2.2 List of activities permissible on the plot ...... 21 2.3 Development Norms: ...... 22 2.4 Permissible Norms ...... 23 3 Section III: General terms and conditions ...... 23 3.1 Execution of Lease Deed/Conveyance Deed ...... 23 3.2 Lease Rent...... 24 3.3 Possession of the plot ...... 24 3.4 As is where basis/ Lease period ...... 24 3.5 Surrender of leasehold land ...... 24 3.6 Change in Constitution (CIC)...... 25 3.7 Change in Shareholding (CIS)...... 26 3.8 Transfer of Lease...... 26 3.9 Maintenance ...... 26 3.10 Mortgage ...... 27 3.11 Misuse, Additions, Alterations, etc...... 27 3

3.12 Indemnity ...... 28 3.13 Liability to Pay Taxes ...... 28 3.14 Overriding Power over Dormant Properties ...... 28 3.15 Consequences of mis-representation ...... 29 3.16 Cancellation of Lease Deed ...... 29 3.17 Restoration ...... 30 3.18 Other Clauses ...... 31

Introduction about the Project

Ranchi is one of the 100 smart cities under the Smart City Mission of the Government of India. Accordingly, the Government of Jharkhand envisions to make Ranchi Smart City: A Knowledge hub for educational excellence along with an efficiently managed traffic and transportation system-based city aided by Information Technology. Ranchi Smart City Corporation Limited (RSCCL) was established in the Year 2016 under the Smart City Mission, a scheme sponsored by the Government of India, with focus mainly on excellence in education in the ABD Location of 647.08 Acres along with provision of basic amenities like drinking water, sanitation, sewage and solid waste management in a much smarter way to address the challenges of urban infrastructure issues posed by Ranchi‘s rapidly growing urban population. This 647.08 Acres of land which is a Greenfield Based development will adopt a transit-oriented development (TOD) approach with dense, mixed-use neighborhoods planned along frequent, fast, and reliable high capacity mass transport lines. Ranchi, through the initiatives under the Smart City Mission program is taking incredible strides to transform itself into a livable, healthy, and sustainable city within a very short span of time. With focus on improving the quality of life for its citizens, Ranchi is embracing people-centric planning practices including strengthening safety and security, public transport services , implementing a progressive parking management system and adopting transit-oriented development principles for urban planning aided by an Integrated Traffic and Transport System which is being developed to provide digital platform for integrating Public transport management, Parking management, Corridor Management (Traffic), IPT Integration, Fare management across the entire city of Ranchi. RSCCL has purchased this 647.08 Acres of land in the Capital City of Jharkhand from Heavy Engineering Corporation Ltd (HEC) and has framed the rules & regulations for plot- wise allotment of the purchased land for development of the area and to transform it into a sustainable, equitable and inclusive smart city. Key Components under this Ranchi Smart City Project : Under ABD Location of 647.08 Acres : . Land development . 21 km of roads and road-side plantations . Water supply and recycled water . Sewerage . Storm water . Sub stations and site wide power distribution . Control and Instrumentation (SCADA) . Street lighting . Open space and park development . River front development . Eco park development 5

. Lake development . Transport hubs . EWS housing . Bus Rapid Transit . Public Bicycle Sharing System Elements of Smart City Project: Robust IT Connectivity & digitization, Safety & Security for citizens, Waste Water recycling, Vehicle-free zones, Energy efficient street lighting, Pedestrian Pathways, Duct Cabling, Smart Sanitation systems, Rain water harvesting, Solar generated electricity, Smart metering, Intelligent traffic management, Walkability &Transit Oriented Development, Riverfront, parks and open spaces.

For Pan City, an Integrated Traffic and Transport System is being developed that will provide digital platform for integrating Public transport management, Parking management, Corridor Management (Traffic), IPT Integration, Fare management along with integration of ABD‘s transport and traffic needs. It shall be housed in a Command Control and Communication Centre which shall not only act as epicenter to all the traffic and transport related decision making but also cater to the safety and security environment of Ranchi city and in future shall be scaled to other utilities including SWM.

The Project for Command Control and Communication Center is under implementation at this moment. The Important components of this project are:

1. Smart DC (Data Centre) within C4 Building 2. DR Site (hosted on third party /Cloud Service Provider site) 3. Augmentation of citywide OFC Network and field networking components 4. Intelligent Traffic Management System . Adaptive Traffic Control System (ATCS) . Automatic Number Plate Recognition (ANPR) System . Red Light Violation Detection (RLVD) System . Speed Violation Detection (SVD) System . Variable Message Signboards . Public Address (PA) . Emergency Call Box (ECB) System 5. City web portal & mobile app 6. Enterprise GIS portal 7. Integration with existing and proposed system; . Video surveillance system . Smart lighting . ICT-enabled Solid Waste Management (SWM) . e-Challan system . Public bicycle sharing . Smart water supply system . Smart education . Smart health management system . RTS/MRTS and City bus services

Regional Setting

Ranchi, the capital city of Jharkhand is an industrial town and education city which is located in the eastern part of the country. Due to its strategic location and proximity to many mineral and mining reserves, rich industrial base, sound existing knowledge and education infrastructure and high ―ease of doing business‖ Ranchi aspires to be a learning and knowledge hub of eastern India that provides sustainable and vibrant environment to its citizens, by addressing their socio-economic needs by leveraging its knowledge institution ecosystem.

Ranchi is located in the southern part of the Chotanagpur Plateau, which is the eastern section of the Deccan plateau. Ranchi is located at 23°22′N 85°20′E near to the Tropic of Cancer. Its average elevation is 651 m above sea level.

Investment Opportunities

For development of modern state-of-the-art amenities, Smart City of Ranchi will also offer opportunities to investors in the areas of Real Estate, health, education, housing and hospitality among others. It will be so designed to provide all basic amenities like good quality water and electricity supply, solid waste management system, scientific sewerage and drainage systems, IT connectivity, digitization, e governance and public participation. Sector-wise opportunities are as below:

Physical Social Economic Institutional Infrastructure Infrastructure Infrastructure Infrastructure Intelligent Public Housing Skill development Min Government transport development centers Max Governance 24x7 Smart water Educational infra Incubation centers Ease of doing supply business Zero emission like Health Care infra Transit hub E-governance & M- SWM, STPs governance Connectivity Infra Entertainment & Commercial centers Safety Security Recreational Commercial hubs Cultural & fitness Banking centers Citizen Engagement centers Convention Center & Parks & Riverfront Urban Civic Tower Disaster management Hotels

Site Location

Proposed ABD site is strategically located in Ranchi , as it has Proximity with some of the major landmark of the city Airport , Project Building , Hatia Railway Station, Airport ,JSCA Stadium , Proposed High Court and Jagarnath Temple all are in the vicinity of the site

The ABD site abuts 45 meter wide sector roads on three sides, out of which two sector roads (west and south) are existing, one sector road from Dhurwa Chowk to Hatia Station (north) along with proposed LRT alignment is the third road and on the fourth side (east) lies the main railway line.

The alignment of sector roads and area reserved for river Latma and Nati are the deciding 7

factor for proposed land use in the Master Plan. Areas next to the main spine are provided by landscaping. The beautiful landscaping is done to attract the people and to create the inviting avenue for the people coming inside the site. The areas next to the main road have been proposed with dense green so that impacts from any vehicular pollution on the main circulation spine is reduced.

The entire ABD site is largely divided in to three Zones Primarily Residential, Institutional and Commercial and facilities are provided in such a manner that everybody has quick pedestrian access to Public Transport, Market Places, Health facilities and recreational areas.

Data sheet

# Head Details Date of issue of the Scheme 01/12/2020 Brochure & Auction Publish

Start date for Registration on web 01/12/2020 from 10.00 AM Portal End date for Registration on web 11/01/2021 from 05.00 PM Portal Date for Pre-bid meeting 18/12/2020 at 4.00 PM through online. Interested bidder should have to register before 4 hours to pre bid through google form on the link mentioned below:- Link: https//forms.gle/6UBXCbxVkFEYQkvY8 The registered bidders shall be communicated for online meet link on their mentioned e- mail id. Bid document and EMD submission 24/12/2020 from 10.00 AM start date Bid document and EMD submission 12/01/2021 from 05.00 PM end date Time and date for auction Will be intimated to the shortlisted bidders

Availability of Bid Document, https://www.rsccl.in Master Plan, Land Allotment Rules, https://eauction.rsccl.in Manual for Auction of Plots, Details of Plots, Map of Plots etc. E-mail [email protected]

Address for Communication Chief Executive Officer, Ranchi Smart City Corporation Limited Ground Floor, FFP 100 Building, Dhurwa, Ranchi- 834004 | Phone: +91 651 244 6666

# Head Details Issuance of Allotment Letter To be communicated on a later date

Application processing fee A non-refundable application processing fee of 0.01 percent (rounded off to the nearest hundred) of the Reserve Price for each property that is placed for allotment. Application Fee for Bid A refundable application fee (EMD) of five percent (5%) of the Reserve Price for (EMD) participating in the bid process of a particular plot. Allotment Money Where the property is offered for lease, the (Payment Process) consideration sought shall be 40% of the Offer Price, payable at the time of allotment, and remaining 60% within twelve months from the date of auction, after adjusting application fee for bid (EMD). Where the property is offered for freehold, the consideration sought shall be 40% of the Offer Price is payable at the time of allotment, and remaining 60% within twelve months from the date of auction. In case, the due Allotment Money, as mentioned above, is not deposited within the stipulated period, the allotment of the plot shall be cancelled, and money deposited as application fee for bid (EMD) shall be forfeited. Mortgage permission fee As per the prevailing policy of the Authority, at the time of submission of Permission to Mortgage request letter by the Allottee and after payment of the prescribed Fees/charges. i) Transfer of plot may be allowed by Transfer the RSCCL as per the prevailing policy of the Authority at the time of submission of transfer request letter by the Allottee after the following payment of prescribed fees/charges, ii) clearance of all up to date dues, and iii) overdue installment towards premium of land. Period of lease The allotment of plot will be made on leasehold basis for a period of 99 years from the date of execution of Lease Deed.

# Head Details Methods of Use and Utilization of All the permissible activities for use and allotted land utilization of land are mentioned in Rule 13 of Jharkhand Smart Cities Land and Other Fixed Assets (Utilisation, Allotment and Disposal) Rules, 2019. Norms of development Please refer to the Jharkhand Smart Cities Land and Other Fixed Assets (Utilisation, Allotment and Disposal) Rules, 2019 – Chapter IV clause-13

Rate of annual Lease Rent RSCCL shall levy, an annual lease rent of 0.5 percent (rounded off to the nearest hundred) of consideration paid, for every year of occupancy. Construction Period Time limit for obtaining Completion Certificate for full project : 5 Years (from the date of allotment) Time limit for obtaining Completion Certificate of first phase, where the plot of land is proposed to be developed in phases: 5 Years (from the date of allotment)

1 Section I: Instructions to the Bidders/Applicants

1.1 Eligibility Criteria 1.1.1 Any Person as defined by this Rule, Proprietor or Partnership Firm, Limited Liability Partnership Firm (LLP), Private or Public Limited company (Listed or Unlisted) or consortium of any of these can submit Bid(s) for one or more than one plot. The firms and the companies should be registered in India.

―Person‖ for these rules includes, — i) an Individual resident in India; ii) a Hindu Undivided Family; iii) a Company as defined under Companies Act, 1956/2013; iv) a firm under the Indian Partnership Act,1932 or the Limited Liability Partnership Act,2008, as the case may be; v) a Competent Authority; vi) a Co-operative Society registered under any law relating to co- operative societies; vii) a Trust whether public or private; viii) any such other entity as the Appropriate Government may, by notification, specify in this behalf ix) a Consortium , as described above.

1.1.1 The Bidder should be competent to contract under the Contract Act, 1872 . According to Sec 11 of Indian Contract Act 1872, every person is competent to contract, who is of the age of majority according to the law to which he is subject and who is of sound mind and who is not disqualified from contracting of any law to which he is subject.

1.1.2 Joint Venture/consortium is allowed to participate in allotment process. The maximum numbers of members in consortium should not be more than three in any case. The lead member who alone shall be authorized to correspond with the RSCCL authority. Lead Member should be the single largest shareholder having at least 40% share in the consortium. The shareholding of the Lead Member in the consortium shall remain at least 40% till the occupancy/ completion certificate of the entire project has been obtained for the project from the competent authority. Minimum Net Worth as per the Financial Eligibility Criteria is to be maintained by the consortium till the issuance of completion certificate by the competent authority.

1.2 Financial Eligibility Criteria:

Eligibility Criteria Compliance to be directly met by bidders

S.N. Eligibility Criteria Supporting Required 1 The Bidder should have a minimum average Audited Financial annual turnover of 100% of the Reserve Statements for the financial years 2017-18, 2018-19 and 11

price of the land to which they are applying, 2019-20. in last three financial years i.e. FY 2017-18, 2018-19 and 2019-20. In case of Joint Venture/ Consortium, average annual turnover of any of the Joint Venture‘s partner should have 100% of the Reserve price of the land to which they are applying, in last three financial years i.e. FY 2017-18, 2018-19 and 2019-20

2. Should be generating operating profits or has Audited Financial Statements for the financial positive net worth in at least two years during the last three financial years i.e. FY 2017-18, years 2017-18, 2018-19 and 2018-19 and 2019-20. 2019-20. 3 The bidder should be Solvent during the last 3 Latest certificate from the financial years i.e. FY 2017-18, 2018-19 and Bank 2019-20.

1.3 Technical Eligibility Criteria

 All Commercial/Public-Semi Public/Mixed use/Institutional/Utilities allotments shall be offered only on leasehold basis to the allottee. Provided that,  In case of Universities, Colleges and Professional Institutions, minimum National Assessment and Accreditation Council (NAAC) ―B‖ Accredited Grade Ranking shall be required for allotment. It is also mandatory to submit affidavit of certified copies of NAAC Assessment and Accreditation Report. The Accreditation Status awarded by NAAC must be valid or renewed or applied at the time of application and there should not be any unjustified gap in renewal.  In case of School, person having an experience of at least five years of operating minimum 2500 student capacity and must produced rank holders of 1-10 either CBSE or ICSE shall be eligible for allotment. Following documents duly certified by the competent authority are required wherever applicable  School Registration Documents must be certified by Governing Body / Management committee of the school  Latest CBSE or ICSE affiliation/registration proof  Copy of NOC/Recognition certificate from the Department of Education of the respective State  Rank holder certificate as certified by the Governing body/ Management committee of the school  In case of Hospital, person having at least five years‘ experience of

operating National Accreditation Board for Hospitals & Healthcare Providers (NABH) Accredited minimum 500 bedded capacity hospitals within the last 5 years shall be eligible for allotment. Following documents duly certified by the competent authority are required wherever applicable  Certificate of registration of hospital with the Municipal authorities  Certificate / Approval from National Medical Commission (NMC)  Certificate / Approval of Department of Health services  Certificate / Approval of NABH Accreditation  In case of Commercial/Mix Use – Within the last 5 financial years, experience of development of commercial space/building on minimum 25% land of the plot for which he intend to opt for auction. The following documents duly certified by the competent authority are required wherever applicable  Real Estate Regulatory Authority (RERA) registration  Developer/ Builder must be registered with the Urban Local Bodies (ULB). In case of Company/Firm/Co-operative society/Trust, any of the Director/ Authorized person must be registered with ULB  Occupancy certificate /Approved Building plan of commercial space/building prior to 01.04.2020 of atleast 25% land of the plot for which he intend to opt for auction from the respective ULB  In case of Residential Use – Within the last 5 financial years, experience of development of building/residential complex/apartment on minimum 25% land of the plot for which he intend to opt for auction. The following documents duly certified by the competent authority are required wherever applicable  Real Estate Regulatory Authority (RERA) registered  Developer/ Builder must be registered with the Urban Local Bodies (ULB). In case of Company/Firm/Co-operative society/Trust, any of the Director/ Authorized person must be registered with ULB  Occupancy certificate/Approved Building plan of building/residential complex/apartment prior to 01.04.2020 of atleast 25% land of the plot for which he intend to opt for auction from the respective ULB.  In case of 5/3 star hotels – In case bidder is a project developer, experience of development of commercial space/building on minimum 25% land of the plot for which he intend to opt for auction. An undertaking will be given by the developer that the property after development will be given out to a company/institution having at least five years experience for running 13

a 5/3 star hotel. In case of Individual /Joint venture the lead partner in the joint venture should have at least five years experience of running a 5/3 star hotel. The following documents duly certified by the competent authority are required wherever applicable  Real Estate Regulatory Authority (RERA) registered  Developer/ Builder must be registered with the Urban Local Bodies (ULB). In case of Company/Firm/Co-operative society/Trust, any of the Director/ Authorized person must be registered with ULB  Occupancy certificate / Approved Building plan of commercial space/building prior to 01.04.2020 of at least 25% land of the plot for which he intend to opt for auction from the respective ULB.  Proof of approval for Star rating from Hotel and Restaurant Approval and Classification Committee (HRACC) wherever required  Certificate by the statutory auditor for proof of ownership / development /management / operation, as applicable. Note: Bidder(s)/Applicant(s) which are part of the defaulters‘ lists as per record of RSCCL/ Any State Govt or Central Govt on the last date of Bid Submission are not eligible to participate and their Bids shall be automatically disqualified. Acceptance of all eligibility of the bidders will be subject to thorough scrutiny by RSCCL at any stage during the auction process or during the lease period. Any false information submitted will lead to forfeiting of the EMD and further participation in the Auction Process. 1.4 How to apply & Acceptance of Bid

1.4.1 Interested parties will need to register and obtain user ID and password on the e-auction portal and thereafter deposit non-refundable application processing fee as mentioned in the Data Sheet separately against each property for participation in the e-auction through online payment on or before date/time as mentioned in the Data Sheet and RSCCL will not be responsible for any payment after that and Bid will not be considered.

1.4.2 It will be the sole responsibility of the bidder/participant to obtain a compatible computer terminal with internet connection to enable him/her to participate in e-bidding process any reasons thereof. Ensuring internet connectivity at the bidder‘s end shall be the sole responsibility of the Bidder/Applicant. Any request/complaint regarding the connectivity of internet at the Bidder‘s/Applicant‘s end will not be entertained in any form and shall not be basis of cancellation of the bidding process.

1.4.3 A non-refundable application processing fee of 0.01 percent (rounded off to the nearest hundred) of the Reserve Price for each property that is placed for allotment. 14

1.4.4 Intending Bidder is required to deposit refundable a separate application fee (EMD) of five percent (5%) of the Reserve Price for participating in the bid process against each property for participation in the e-auction on or before date/time as mentioned in the Data Sheet by any mode. 1.4.5 The Authority may without assigning any reason withdraw any or all the sites from the e- auction at any stage and is not bound to accept the highest bid or all bids even if they are above the reserve price.

1.4.6 Authority reserves the right to accept or reject any or all the bids or cancel/postpone the e- auction without assigning any reason.

1.4.7 Bidding will not be permissible below the reserve price/allotment rate of the plot.

1.4.8 Post registration, Bidder/Applicant shall proceed for login by using his ID and password. Bidder shall proceed to select the plot he is interested in. The e-bidder would have following options to make online payment towards Application Processing fee : A. Demand Draft B. NEFT/RTGS/SWIFT Transfer

C. Challan Filed at designated post office or Scheduled Commercial Bank D. Any other Digital method as mentioned by RSCCL.

1.4.9 The bidder shall make the payment of Application fee/EMD through Bank Guarantee/Demand Draft in the favour of RSCCL.

1.4.10 Incomplete bid documents will not be considered.

1.4.11 The Bidder/Applicant cannot withdraw the offer/ bid once made.

1.4.12 The qualification Bids shall be opened by the Committee constituted for this Purpose by RSCCL.

1.4.13 After verification of related documents upload by the highest Bidder/Applicant, demand letter -cum -allotment letter to the successful highest Bidder/Applicant will be issued by RSCCL within 15 days of the closure of auction.

1.4.14 Portal for e-auction can be accessed through a link at website https://eauction.rsccl.in

1.4.15 Customer Care for technical support on registration, deposit of fees, e-

auction etc. Phone: E-mail: [email protected] | Phone: +91 651 244 6666 1.4.16 For further inquiries contact: Ranchi Smart City Corporation Limited Ground Floor, FFP 100 Building, Dhurwa, Ranchi- 834004 1.4.17 The RSCCL may, without assigning any reason, add one or more plots in the scheme and/or withdraw any one or all the plots from the scheme at any stage. The size of the plot may be increased or decreased.

1.4.18 The RSCCL may accept or reject any offer, including the highest bid or cancel the scheme, and its decision in this behalf shall be final and binding on the Bidders/Applicants.

1.4.19 There will be no correspondence on issues/grounds raised in Disqualified Bids.

1.5 Language and currency

1.5.1 The document and all related correspondence for this scheme shall be in English language. The currency for the purpose of this scheme shall be Indian National Rupee (INR)

1.6 Applicant’s responsibility

1.6.1 It is deemed that before submitting the application, the Applicant has made complete and careful examination of the following:  The eligibility criteria and other information/requirements, as set forth in the Brochure  All other matters that may affect the Applicant‘s performance under the terms of this scheme including all risks, costs, liabilities and contingencies.  RSCCL shall not be liable for any mistake or error or neglect by the Applicant.

1.7 Documents required with Application

A. In case of Individuals :  General information of the Bidder/Applicant annexing the following Documents:- Identity Proof:- (i) Passport (ii) *PAN Card (iii) Voter‘s Identity Card (iv) Driving License (v) Identity Card (vi) *Aadhar Card

(*Mandatory) Address Proof:- (i) Utility Bill like telephone, electricity (not older than 3 months) (ii) Bank account statement /Pass Book (iii) Passport (iv) Letter from employer (Subject to satisfaction of the Company) (v) Latest Rent/ Leave & license agreement etc. (Subject to satisfaction of the Company) (Any One)

1.7.1 Following documents duly signed by the applicant and certified by Chartered Accountant on each page, should be enclosed with the application form for registration::-

B. In case of Company (Private & Public):  Certified true copy of Certificate of Incorporation/Certificate of Commencement of Business.  General information of the Bidder/Applicant  Certified true copy of Memorandum & Articles of Association  List of Directors certified by a Chartered Accountant as on date of submission of Bidder/Applicant  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 as on date of submission of Bid  Board resolution authorizing the applicant (Authorized Signatory – company secretary or M.D. of the company) to sign on behalf of the company for making this application.  Net Worth Statement certified by the statutory auditors/Chartered Account of the Company  Audited annual financial reports for the last three (3) year i.e. 2017- 2018, 2018-19 and 2019-20 certified by the CA as per the last published balance sheets  Solvency Certificate not more than 6 months old from a nationalized/ scheduled bank.  Corporate Governance Report of the last three years  Bank Statement of last 6 months. In the case of Joint Venture/ Consortium, the bank statement of lead member is mandatory,  Details of work experience along with copies of compounding

certificates/ completion certificates, issued by the concerned statutory authority. C. In case of Partnership/ Joint Venture/ Consortium/ Limited Liability Partnership (LLP) Firm:  Attested copy of the Partnership Deed in case of Partnership firm  Attested Copy of the certificate issued by Registrar of Firm.  General information of the Bidder/Applicant  Board resolution authorizing the applicant to sign on behalf of the Partnership/ Limited Liability Partnership (LLP) for making this application.  Net worth Statement certified by the statutory auditors/Chartered Account of the Partnership firm.  Audited annual Financial reports for the last three (3) year i.e. 2017- 2018, 2018-19 and 2019-20 certified by the CA as per the last published balance sheets.  Solvency Certificate not more than 6 months old from a nationalized/ scheduled bank.  Bank Statement of Firm of last 6 months.  Details of work experience along with copies of compounding certificates/ completion certificates, issued by the concerned statutory authority. D. In case of Proprietorship:  General information of the Bidder/Applicant  Net worth Statement certified by the statutory auditors/ Chartered Account of the Proprietorship concern.  Audited annual Financial reports for the last three (3) year i.e. 2016- 2017, 2017-18 and 2018-19 certified by the CA as per the last published balance sheets.  Details of work experience along with copies of compounding certificates/ completion certificates, issued by the concerned statutory authority  Solvency Certificate not more than 6 months old from a nationalized/ scheduled bank.  Bank Statement of Proprietorship Firm of last 6 months.

Apart from the above list (not exhaustive) relevant documents mentioned in any other part of this document also needs to be submitted along with the bid. 1.8 Extension of time limit for deposit of Allotment money

1.8.1 No extension regarding time period will be allowed for the deposit of allotment money. In case of default in payment, the allotment letter

will be cancelled, and the (application fee) earnest money will be forfeited by the Authority.

1.9 Payment options & schedule 1.9.1 Where the property is offered for lease, the consideration sought shall be 40% of the Offer Price, payable at the time of allotment, and remaining 60% within twelve months from the date of auction after adjusting Application fee for bid (EMD). 1.9.2 Where the property is offered for freehold, the consideration sought shall be 40% of the Offer Price is payable at the time of allotment, and remaining 60% within twelve months from the date of auction. 1.9.3 In case, the due Allotment Money, as mentioned above, is not deposited within the stipulated period, the allotment of the plot shall be cancelled, and money deposited as Application fee for bid (EMD) shall be forfeited. 1.9.4 Other conditions: i. The Bidder/Applicant has to give his option for the payment along with the Bid

ii. Payments can be made with any of the listed banks via DD or online through Authority‘s website https://eauction.rsccl.in

iii. The Allottee shall be liable to pay stamp duty (Stamp duty calculation should also be verified from the concerned sub registrar, for execution of the Lease Deed in treasury of Ranchi and should produce a certificate to the affect in relevant department at RSCCL within 180 days from the issue of allotment letter.

iv. After depositing the payment for land in designated scheduled bank, the Allottee shall intimate the same to RSCCL through a written intimation along with the copy of challan of amount deposited or through an email.

v. The payment made by the Allotte/Lessee will first be adjusted towards the penal interest & interest due, if any, and there after the balance will be adjusted towards the Lease Rent payable and then towards premium due.

vi. 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 RSCCL on the rate as applicable on the date of allotment of additional land. The rate calculated by RSCCL will be final and binding on the Allottee.

vii. In case of any increase in the rate of land acquisition/land purchase cost/ex-gratia/No- litigation incentive to the farmers by order of the Court, by the Authority or by the State Government or by way of any settlement, the Allottee/Lessee shall be bound to pay the additional amount proportionately as the cost of the land and all the terms and conditions prevalent at the time of allotment shall be applicable.

1.10 Unsuccessful applicants

1.10.1 The (Application fee) EMD of unsuccessful applicants shall be returned to them without interest.

2 Section II: Special Conditions 2.1 Development controls and adherence to bye-laws

2.1.1 Allottees will adhere strictly to the development conditions laid forth by RSCCL at the time of allotment of the plot. Where any provisions are not explicitly specified, the provisions of JBBL shall be deemed to apply. 2.1.2 Deviations from sanctioned plan shall be addressed in the manner as prescribed under the applicable law. 2.1.3 To the above effect, an Allottees must submit a building and/or a site plan to RSCCL within ten months of being granted possession and seek approval from the relevant authority under applicable law. 2.1.4 Allottees will have to commence construction on the land within one year of grant of possession and obtain a completion certificate from RSCCL within a period of five years of grant of possession;

Provided that, where the plot of land is proposed to be developed in phases, at least one phase should be made operational in a span of five years. The term ‗phase‘ includes a building, for which an occupation certificate has been received.

Provided further that, an extension may be allowed for maximum one year to obtain completion certificate as the case may be. Thereafter the Allottes shall be liable for penal actions and legal procedure to be pursued including cancellation of allotment as per the provisions of RERA and/or as per the provisions of this Rule.

2.1.5 The Lessee shall be required to complete the construction on allotted plot as per approved layout plan and get the completion certificate issued from Planning Department of the RSCCL phase wise as per the building regulations and directions of the RSCCL for minimum built-up area as per table mentioned below: 2.1.6 Latest GRIHA star rating two or equivalent is mandatory for the buildings in ABD area.

2.2 List of activities permissible on the plot

DEVELOPMENT CONDITIONS

S. Land Use Inclusions in general No. 1 Institutional Schools, Colleges; Research, Training, Professional Institutes etc.; Universities / Deemed Universities (under an Act of the

State Legislature or by an Act of Parliament under section 2 or deemed University under section 3 of the UGC Act, 1956.); Institutions, Universities / Deemed Universities; (established under statutes of foreign Governments) Standalone hostels and hostels within institutions. 2 Residential Individual and group housing, Affordable housing, Guest houses. 3 Commercial Retail Shops, Wholesale, Regulated Markets, Vending Zones, Weekly Market, Sector, Mercantile Buildings, Hotels and any other intended for use by for-profit businesses. Purposes as defined under the Bihar Shops and Establishments Act, 1953 adapted by Government of Jharkhand vide Notification S.O. No. 2/SEA/ (LC) 501/2001-L&T 2870 dated 14th November 2002. 4 Public, Semi Government/Semi Government/Public Offices Public Government land (use undetermined). Hospitals as defined under The Clinical Establishments (Registration and Regulation) Act, 2010, Government of India and Jharkhand State Clinical Establishment (Registration and Regulation) Rule 2013 and as amended from time to time. Social, cultural and religious use. Community facilities and services etc. 5 Mixed Use Building/premises consisting of more than one compatible use of which the principal use shall not be less than 2/3rd of total built up area. Compatible use can be either Residential or Commercial. 6 Utility Services such as roads including approach roads, bridges, bypasses and underpasses, street lights, water supply system, sewerage system, storm water drainage system, electrical system, communication and command control system, telecommunication, sewage treatment plants, irrigation system, public fire protection systems, percolation wells, solid waste disposal system, collection, treatment, discharge and disposal of industrial, institutional and township waste, gas systems, common effluent treatment plants

2.3 Development Norms:

2.3.1 The Allottee can do development for as per the prevailing Building Regulations/Byelaws of the Authority/State on the last day of Bid Submission. The prevailing Building Regulations for reference of the Applicant are as follows:

Maximum permissible Floor Area Ratio As Per Jharkhand Smart Cities Land and Other (FAR) Fixed Assets (Utilisation, Allotment and Disposal) Rules,

2019 And JBBL Maximum permissible Ground As per JBBL Coverage Maximum permissible Height As per JBBL

Incase, any norms is not available in JBBL or cannot be referred to from JBBL, then the same may be referred in the National Building Code (NBC) or any other nationally approved Norm with proper intimation and permission from RSCCL.

2.4 Permissible Norms

2.4.1 All the infrastructural services within the plot area only shall have to be provided by the Allottee. 2.4.2 All clearances/approvals must be obtained by the Allottee from the respective competent statutory authorities prior to the commencement of the construction work. 2.4.3 Provisions related to the fire safety shall be strictly observed and the necessary approvals shall be obtained from the respective competent statutory Authority(ies). 2.4.4 The Area/ Dimensions of the site are subject to any change/modification as per the actual measurements at the site. 2.4.5 All other provisions, not specified above, shall be in accordance with the Building Regulations and directions of RSCCL and the amendments made there in from time to time.

3 Section III: General terms and conditions 3.1 Execution of Lease Deed/Conveyance Deed

3.1.1 RSCCL, after having satisfied itself that the conditions of the demand letter and offer of allotment have been met, shall execute a conveyance deed or lease deed as the case may be, in favor of the allottee. The registration of deed will be facilitated by RSCCL, with the registration charges, stamp duty and applicable taxes being paid for by the allottee to the concerned department. provided that, in any case, conveyance deed or lease deed, as the case may be, shall be executed only after receiving full and final consideration amount from the allottee. 3.1.2 At the time of grant of possession, a representative of RSCCL shall ensure the demarcation of the plot in line with the coordinates recorded as per Rule 5, and issue a letter of handover to the allottee. 3.1.3 Documentation charges: All cost and expenses of preparation, stamping and registering of the legal documents and its copies and all other incidental expenses will be borne by the Allottee, who will also pay the stamp duty levied on transfer of Immovable property, or any other duty or charge that may be levied by any Authority empowered in this behalf.

3.1.4 Period of lease: 99 years from the date of execution of Lease Deed.

3.2 Lease Rent

3.2.1 In addition to the premium of plot, the lessee shall have to pay yearly Lease Rent in the manner given below.

. The Allottee shall pay the annual lease rent of 0.5 percent (rounded off the nearest hundred) of consideration paid, for every year of occupancy for the Schedule Property. Lease Rent shall be payable on a year-on- year basis by the Allottee to RSCCL.

3.3 Possession of the plot

3.3.1 Possession of allotted plot will be handed over to the Lessee/Sub-Lessee(s) upon the payment of 40 % payment of offer price/land premium.

3.3.2 Execution of Lease Deed(s) can be done only after a full payment of premium. On the date of execution of the Lease Deed there remains no outstanding amount payable to the RSCCL whether on account of installment towards the premium or any account head whatsoever.

3.3.3 For the purpose of payment of Lease Rent and other statutory or scheme compliance, possession shall be deemed from the due date of execution of Lease Deed.

3.4 As is where basis/ Lease period

3.4.1 The plots are offered for allotment on a ―as is where is basis‖ and ―No Complaint‖ basis on a lease for a period of 99 years starting from the due date of execution of the lease deed. The Allottee shall be responsible for appropriate due diligence by visiting the plot before Bid submission. No claim whatsoever is admissible on account of physical status of the land of the plot offered for allotments.

3.5 Surrender of leasehold land

3.5.1 Allottees, who desire to surrender land including any building(s) constructed at any given point may do so by: . Applying to RSCCL of their intent to surrender or vacate such land and building; . Providing a current valuation of immovable assets existing on the plot at the time of applying for such surrender not including trees, shrubs or such other natural vegetation, rocks, earth or naturally occurring materials; . Issue a certificate duly certified by its statutory auditors that at the 24

time of demanding the surrender, no dues or liabilities are pending with any bank or financial institution that would be passed on the land, buildings and/or any other immovable or movable assets situated on the land, or any such third party, which would result in a claim to be made towards RSCCL in the future, after the surrender has taken place; . Providing a tentative schedule of evacuation and handing over of such premises. 3.5.2 RSCCL, upon receipt of such request, may verify the present condition of the land and structures, if any, present on the same and communicate its acceptance or rejection of such surrender. 3.5.3 RSCCL shall accept or reject such request on the basis of prevailing market condition and other relevant factors as deemed fit, at the time of such request to surrender. 3.5.4 RSCCL shall reimburse to the surrendering allottee, the following sum(s) of money for the various portions surrendered:

S. Component Maximum amount payable No. 1. Balance of lease amount Sixty percent of original lease consideration paid apportioned for the balance amount of lease period; forty percent shall be retained by RSCCL as penalty/ compensation. Consideration shall not be adjusted to present day, nor any interest payable thereupon. 2. Constructed assets that are None, cost of demolition/dismantling to be found to be in violation of deducted from the returnable amount of the allottee. any applicable law 3. Constructed assets which are Depreciated replacement cost. not in violation of any applicable law 4. Plant, machinery or other None, cost of disposal to be deducted from movable assets the returnable amount of the allottee and proceeds from disposal thereof retained by RSCCL.

3.5.5 The allottee shall execute a conveyance deed (―surrender deed‖) in favour of RSCCL. Stamp duty and registration charges, if any, shall be payable by the allottee.

NOTE: The Allottee has to execute surrender deed, if Lease Deed/Transfer Deed has been executed then all the original legal documents are to be surrendered unconditionally to RSCCL.

3.6 Change in Constitution (CIC)

3.6.1 Change in Constitution may be allowed by the RSCCL as per the prevailing policy of the Authority at the time of submission of CIC request letter by the Allottee and after payment of prescribed fees/charges.

3.7 Change in Shareholding (CIS)

3.7.1 Change in Shareholding may be allowed by the RSCCL as per the prevailing policy of the Authority at the time of submission of CIS request letter by the Allottee and after payment of the prescribed Fees/charges.

3.8 Transfer of Lease

3.8.1 An allottee may transfer the lease of the property to another person(s) for a consideration. The tenure of the lease will not exceed the period of the original lease. 3.8.2 An allottee desiring to transfer lease or possession to another person has to seek and obtain a no-objection certificate (NOC) from RSCCL. 3.8.3 RSCCL shall be entitled to receive payment of two percent (2%) of the consideration paid by the transferee to the transferor. Such payment may be made either by the transferor or transferee.

Provided that, if RSCCL is of the opinion that the consideration paid by the transferee to the transferor, is below the Market Price of the property. RSCCL is entitled to carry out an instant valuation of the asset as per the provision of section 247 of Companies Act, 2013 and Companies (Registered Valuers and Valuation) Rules, 2017 as amended time to time and be entitled to receive two percent of such Reserve Price as derived under Rule 7.3.

Provided further that, where the property is changing hands between the transferor and transferee as a gift, RSCCL is entitled to carry out an instant valuation of the asset as per the provision of section 247 of Companies Act, 2013 and Companies (Registered Valuers and Valuation) Rules, 2017 as amended time to time and be entitled to receive two percent of such Reserve Price as derived by Rule 7.3.

Provided further that, this clause shall also apply to situations where the allottee may wish to transfer part or whole of the asset to a Real Estate Investment Trusts(REITs) as recognised by the Securities and Exchange Board of India (SEBI).

Provided furthermore that, the cost incurred on valuation shall be paid either by the transferor or transferee to RSCCL.

3.9 Maintenance

3.9.1 The Allottee/Lessee at his own expense will take permission for sewerage, electricity and water connections from the concerned departments or from the competent authority in this regard.

i. The Lessee shall make such arrangements as are necessary for maintenance of the buildings and common services developed on the allotted plot. If the buildings and the common services are not

maintained properly, the RSCCL shall have the right to get the maintenance done and recover the amount so spent from the Lessee and/or Sub- Lessee. The Lessee and Sub-Lessee(s) will be personally and severely liable for payment of the maintenance amount. In case of default of the amount, the dues shall be recovered as arrears of land revenue.

ii. No objection will be entertained on the subject of amount spent on maintenance of the buildings and the common services, and the decision of RSCCL in this regard shall be final and binding.

iii. The Allottee/Lessee/Sub-Lessee(s) shall take all necessary permissions for sewerage, electricity, water connections etc. from the respective competent Authorities at his own expenses.

iv. The Allottee/Lessee/Sub-Lessee(s) shall keep the demised premises and buildings; the available facilities and surroundings etc.in a state of good and substantial repairs, safe neat & clean and in good and healthy sanitary conditions to the satisfaction of the Lessor and to the convenience of the inhabitants/occupants of the place.

v. The Allottee/Lessee/Sub-Lessee(s) shall abide by all the regulations, bye-laws, directions and guidelines of Jharkhand Smart Cities Land and Other Fixed Assets (Utilisation, Allotment and Disposal) Rules, 2019, from time to time.

vi. In case of non-compliance of these terms of conditions and any other directions of RSCCL, RSCCL shall have the right to impose such penalty as it may consider just and/or expedient.

3.10 Mortgage

3.10.1 Allottees may mortgage their land with any recognised financial institutions with prior permission from RSCCL in order to raise financial resources for their respective projects. 3.10.2 RSCCL shall, in line with Rule 23.2 of Jharkhand Smart Cities Land and Other Fixed Assets (Utilisation, Allotment and Disposal) Rules, 2019 , issue a letter stating no-objection to such mortgage, unless it has any concerns about the intent or capability of the allottee, which it may communicate to the same in writing, stating reasons.

3.11 Misuse, Additions, Alterations, etc.

3.11.1 The Allottee shall not use the plot for any purpose other than that for which it has been allotted / leased. The Lessee shall not be entitled to divide the plot or amalgamate it with any other plot. In case of violation 27

of the above conditions, allotment shall be liable to be cancelled and possession of the premises along with structure thereon, if any shall be resumed by the Authority without any payment.

3.11.2 The Lessee/Sub-Lessee will not make any alteration or additions to the said building on the demised premises, erect or permit to erect any new building on the demised premises without the prior written permission of the Lessor and in case of any deviation from such terms of plan he/she shall immediately upon receipt of notice from the Lessor requiring him to do so, correct such deviations as aforesaid.

1.1.1 If the Lessee/Sub-Lessee fails to correct such deviations within a specified period of time after the receipt of such notice, then it will be lawful for the Lessor to cause such deviation to be corrected at the expense of the Lessee/Sub-Lessee who shall bound agrees to reimburse by paying to the Lessor such amounts as may be determined and demanded by RSCCL in this regard.

3.12 Indemnity

3.12.1 The Lessee shall be wholly and solely responsible for the implementation of the Project and also for ensuring the quality of development/construction, subsequent Operations and maintenance of facilities and services, till such time that an alternate agency for such work is identified and legally appointed by the Lessee. The Lessee shall execute an indemnity bond, indemnifying RSCCL and its officers and employees against all disputes arising out of i. The non-completion of work

ii. The quality and validity of development, construction, operations and maintenance

iii. Any legal dispute arising out of allotment, lease and/or sub-lease to the final purchaser

3.13 Liability to Pay Taxes

3.13.1 The Allottee will be liable to pay all rates, taxes, charges, user fee and assessment of every description imposed by the lessor or any other Authority empowered in this behalf, in respect of the plot, whether such charges are imposed on the plot or on the building constructed thereon, from time to time.

3.14 Overriding Power over Dormant Properties

3.14.1 RSCCL reserves the right to all mines, minerals, coals, washing gold, earth oils, quarries in or under the plot and full right and power at any time to do all acts and things which may be necessary or expedient for the purpose of searching for, working and obtaining, removing and

enjoying the same without providing or leaving any vertical support for the surface of the plot(s) or for the structure time being standing thereon, provided that, the Lessor shall make reasonable compensation to the Allottee /Lessee for all damages directly occasioned by exercise of the rights hereby reserved. The decision of the CEO of RSCCL on the amount of such compensation will be final and binding on the applicant.

3.15 Consequences of mis-representation

3.15.1 If the allotment is found to be obtained by any misrepresentation, concealment, suppression of any material facts by the Applicant/ Bidder/ Allottee/ Lessee/ Sub-Lessees, the allotment of plot shall be cancelled and/ or lease shall be determined, as the case may be. In addition, the entire money deposited by the Bidder/Applicant/ Allottee/ Lessee/ Sub- Lessees shall be forfeited and legal action for such misrepresentation, concealment, suppression of material facts shall also be taken.

3.16 Cancellation of Lease Deed

3.16.1 In addition to the other specific clauses relating to cancellation/determination, RSCCL, will be free to exercise its right of cancellation/ determination of the allotment/ the lease of commercial plot in case of the following-

i. Allotment having been obtained through misrepresentation, by suppression of material facts, false statement and/or fraud

ii. Any violation of the directions issued or of the rules and regulations framed by RSCCL or by any other statutory body.

iii. In case of default on the part of the Bidder/Applicant/Allottee/Sub- Lessess(s) or any breach/violation of the terms and conditions of the Bid, Scheme Document, allotment, lease and/or non-deposit of the allotment amount, installments or any other dues.

3.16.2 If the allotment is cancelled on the grounds mentioned in rule 31& 32 of Jharkhand Smart Cities Land and Other Fixed Assets (Utilisation, Allotment and Disposal) Rules, 2019, the entire amount deposited by the Bidder/ Applicant/ Allottee/ Lessee/ Sub-Lessee(s) till the date of cancellation/determination, shall be forfeited by RSCCL and no claim, whatsoever, shall be entertained in this regard.

3.16.3 If the allotment is cancelled on the grounds mentioned in rule 31& 32 of Jharkhand Smart Cities Land and Other Fixed Assets (Utilisation, Allotment and Disposal) Rules, 2019, the total premium of plot or total premium deposited together with due lease rent, interest, extension charges till the date of cancellation shall be forfeited in favour of 29

RSCCL.

3.16.4 After forfeiture of the amount as stated above, possession of the plot will be resumed by RSCCL, along with the structure thereupon, if any, and the Bidder/ Applicant/ Allottee/ Lessee/ Sub-Lessees will have no right to claim any compensation thereon.

3.17 Restoration

3.17.1 RSCCL can exercise cancellation of plots for breach of Terms and Conditions of Allotment letter /Lease Deed/Transfer Deed. However, CEO or Authorized Officer of RSCCL can restore the plots. The restoration will be subject to the following conditions: i. The application of restoration of plots shall be made within 60 days from the date of cancellation. ii. The decision about the restoration of the plots will be taken by the CEO or Authorized Officer of RSCCL within a period of 6 months after the date of cancellation. iii. The Allottee shall have to pay restoration charges @10% of the total premium of the plot at prevailing rate calculated on the date of restoration. iv. If restoration is due to court order, the Allottee has to close the case first. v. The Allottee will have to make up to date payment of all dues, penalties & interest etc. as applicable. vi. The Allottee has to pay time extension charges as per terms of allotment / lease. vii. The Allottee has to submit Performance Bank Guarantee (PBG) of timeline given in Schedule, which shall be valid for a duration of 3 months more than the Project Implementation Schedule and the value of PBG will be 10% of the prevailing price of the plots. viii. All legal expenses would be borne by the Allottee. ix. In case allotment has been cancelled due to illegal/unauthorized/non-permissible activities the restoration of the plots shall only be considered on submission of affidavit undertaking for non-carrying out the illegal/unauthorized/non- permissible activities in future and closure/removal of illegal/unauthorized/non-permissible activities. x. In case of restoration in prepossession cases, the Allottee shall be required to get the occupancy/completion certificate as per terms of the Lease Deed. In such case, they will have to comply with the clause as stated above.

3.18 Other Clauses i. The Authority reserves the right to make any amendments, additions, deletions and alterations in the terms and conditions of allotment, lease, Building Regulations as it finds expedient and such amendments, addition, deletion and alterations shall be binding on the Allottee.

ii. If due to unavoidable circumstances/force majeure, the Authority is unable to allot the plot, the earnest money deposited by applicant would be refunded. However, in case the period of deposit exceeds one year then the amount shall be refunded along with simple interest @ 4% per Annum.

iii. In case of any dispute in the interpretation of any word or terms and conditions of the allotment / Lease, the decision of the CEO of RSCCL shall be final and binding on the Allottee / Lessee and his / her / their successor.

iv. In case there is any change of reserve price of allotment from any order of honorable High Court/Supreme Court or Government/Board of Uttar Pradesh, the Allottee/ Lessee and his / her / their successor shall be responsible to bear the additional cost. The decision shall be final and binding on the Allottee/ Lessee and his / her / their successor.

v. RSCCL 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.

vi. The Lessee and his / her / their successors shall abide by the provisions of the Jharkhand Smart Cities Land and Other Fixed Assets (Utilisation, Allotment and Disposal) Rules, 2019 and such rules, regulations or directions as are issued there under from time to time.

vii. Any dispute between the Lessor and Lessee / Sub-Lessee shall be subject to the territorial jurisdiction of Civil Courts at Ranchi or the High Court at Ranchi.

viii. The allotment will be accepted by the Allottee on ―As is where is basis‖. The Allottee is advised to visit the site before applying.

ix. Provisions related to the fire safety, environmental clearance, NGT directives shall be observed by the Allottee. Necessary approvals shall be obtained from the competent authority by the Allottee.

x. In case an existing link road comes anywhere in the plot area, it shall be managed by the Allottee /Lessee till an alternate

arrangement is made by RSCCL. xi. All arrears due to the Lessor are recoverable as arrears of land revenue. xii. The Lessee/ sub Lessee(s) shall not be allowed to assign or change his role, otherwise the Lease may be cancelled and entire money deposited shall be forfeited. xiii. RSCCL in larger public interest has the Authority to take back the possession of the land/ building by making payment at the prevailing rate after giving the Allottee/Lessee an opportunity of being heard. However, the decision of the CEO of RSCCL shall be final and binding on the Allottee/Lessee. xiv. The Allottee / Lessee shall have to make sufficient provision of parking in the plot itself. Parking on the road will not be permitted. xv. The Allottee/ Lessee shall follow all the rules and regulations of RERA and the Building Bye Laws of Jharkhand. xvi. This document does not imply that RSCCL is bound to select a bidder or to appoint the Selected Bidder, as the case may be, for the Project and RSCCL reserves the right to reject all or any of the bidders or bids without assigning any reason whatsoever. Further, RSCCL reserves all rights to cancel, terminate, change or modify this E-Auction process and/or requirements of bidding stated in the document, at any time without assigning any reason whatsoever or providing any notice and without accepting any liability for the same. The same will be binding on the applicant-bidders. xvii. All approvals and permissions shall be taken by the Selected Bidder/Lessee. While the responsibility of obtaining the same, shall be that of the Selected Bidder/Lessee as the case maybe, the Authority/Lessor shall render all assistance in obtaining such approvals and sanctions. All cost pertaining to the approvaIs shall be on the part of the Selected Bidder /Lessee as the case maybe. xviii. Selected Bidder/Lessee shall be responsible for the security of the Project land from the date of permissive possession of the plot and shall ensure that there are no encroachments on the entire area allocated for the proposed project.

xix. The Lease Agreement to be entered into between the Lessor and the Lessee shall set forth the detailed terms and conditions for grant of Lease to the Lessee, including the scope of the Lessee's services and obligations.