Monday, October 1, 2012

HSIIDC to allot 213 industrial plots in Model Township Bawal

by Haryananewswire
 Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has invited applications from entrepreneurs to allot 213 industrial plots of different sizes at Industrial Model Township, Bawal, on National Highway No. 8, to setting up industrial projects.
          While stating this here today, a spokesman of HSIIDC said that out of the total plots, three plots were of 250 square metres each, 75 of 450 square metres, 70 of 1012.5 square metres, 40 of 1800 square metres and 25 plots of 4050 square metres each. The last date for receiving the applications complete in all respects with supporting documents along with earnest money and processing fee is October 31, 2012.
          He said that entrepreneurs should apply with application form in prescribed format along with a copy of project report and supporting documents. He said that allotment, commensurate with requirement of project report would be made, keeping in view its technical feasibility, economic viability, background of the applicant, experience or qualification, marketing details, working results of existing operations or group concerns, resource position, financial details and entrepreneurship and performance during the interview. Also, representation would be given to women entrepreneurs, he added.
          He said that allotment would be made as per the availability and the number of plots indicated in each category. He said that 10 per cent of the plots have been reserved for allotment to Non Residential Indians (NRI) or Persons of Indian Origin (PIO) and for units with 33 per cent or more Foreign Direct Investment (FDI) in total investment. Entrepreneurs, the bonafide residents of Haryana with disabilities as defined in the differently abled persons would be considered for allotment of plots on preferential basis up to two per cent of the available plots. The applicants under these categories may also apply on an ongoing basis. He said that in case the number of applications received is quite large vis-à-vis the plots offered for allotment, the applications would be first shortlisted by a Screening Committee of officers of the Corporation for final interview of the shortlisted applicants by the Allotment Committee. He said that the decision of the Screening Committee regarding short-listing of applicants and of the Allotment Committee for allotment of plots would be final. The plots would be allotted on ‘as is where is’ basis.
          He said that as per the terms of payment, ten per cent of price of plot towards earnest money would be paid with application, 15 per cent price of the plot within 30 days from date of issuance of allotment letter and balance 75 per cent either in lump sum, without interest, within 60 days from date of allotment or in eight equal half-yearly installments carrying interest at the rate of 12 per cent per annum on the balance amount, payable from the date of offer of possession. He said that the Corporation reserves the right to add or amend or withdraw or modify any of the terms and conditions at any stage without any notice. The decision of the Corporation in respect of all these would be final. Also, all allotments would be made in accordance with the Industrial and Investment Policy-2011 of the State Government and the Estate Management Procedure (EMP-2011) of the Corporation as amended from time to time, he added.
          The spokesman said the application form could be obtained from Corporation’s offices or downloaded from Corporation’s website

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