SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER

BROCHURE DOWNLOAD FEE:

INR 2,100/- (Including GST)

GREATER NOIDA INDUSTRIAL DEVELOPMENT AUTHORITY

Plot No: 01, Knowledge Park IV, Greater Noida, Uttar Pradesh 201310

SCHEME FOR

COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

SCHEME CODE:

CSK-19/2020

 SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA 
 
i 
 
Table of contents  
 
Table of contents ................................................................................................................................................. i 
Data sheet ........................................................................................................................................................... 1 
Section I: Instructions to the Applicants ....................................................................................................... 3 
1  Definitions: ........................................................................................................................................... 3 
2  Eligibility Criteria .................................................................................................................................. 4 
3  How to apply & Acceptance of Bid ...................................................................................................... 5 
4  Language and currency ....................................................................................................................... 6 
5  Applicant’s responsibility...................................................................................................................... 6 
6  Documents required with Application Form ......................................................................................... 6 
7  Extension of time limit for deposit of Allotment money ........................................................................ 6 
8  Payment options & schedule ............................................................................................................... 6 
9  Change in the name of applicant ......................................................................................................... 7 
10  Unsuccessful applicants ...................................................................................................................... 8 
Section II: General terms and conditions ..................................................................................................... 9 
1  Execution of Lease Deed..................................................................................................................... 9 
2  Lease Rent .......................................................................................................................................... 9 
3  Location charges ............................................................................................................................... 10 
4  Possession of the Shop/Kiosk ........................................................................................................... 10 
5  Variation in actual area of allotted Shop/Kiosk .................................................................................. 10 
6  As is where basis/ Lease period ........................................................................................................ 10 
7  Surrender ........................................................................................................................................... 10 
8  Change in Constitution (CIC) ............................................................................................................. 11 
9  Change in Shareholding (CIS) ........................................................................................................... 11 
10  Transfer of Shop/ Kiosk ..................................................................................................................... 11 
11  Maintenance ...................................................................................................................................... 11 
12  Mortgage ............................................................................................................................................ 12 
13  Issue of Mutation Letter ..................................................................................................................... 12 
14  Misuse, Additions, Alterations, etc. .................................................................................................... 12 
15  Indemnity ........................................................................................................................................... 12 
16  Liability to Pay Taxes ......................................................................................................................... 13 
17  Overriding Power over Dormant Properties....................................................................................... 13 
18  Consequences of mis-representation ................................................................................................ 13 
19  Cancellation of Lease Deed .............................................................................................................. 13 
20  Restoration ........................................................................................................................................ 14 
  Functional .............................................................................................................................................. 14 
21 ................................................................................................................................................................ 14 

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

2.22 Other Clauses .................................................................................................................................... 15

3 Annexures – Technical forms .................................................................................................................... 17

3.1 Application form ................................................................................................................................. 17

3.2 Format for affidavit ............................................................................................................................. 19

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

Data sheet

Head

Details

Date of issue of the

scheme brochure

As mentioned in the portal

Date of closure of the

scheme/last date of

submission of

application form

As mentioned in the portal

Date of Opening of

Bids

As mentioned in the portal

Contact person,

designation and

contact details

(address and phone

nos.) in the Authority

office

Commercial Department

Greater Noida Industrial Development Authority

Plot No: 01, Knowledge Park IV, Greater Noida

Uttar Pradesh 201310

Email: [email protected]

Phone No: +91-120 2336030

Website: www.greaternoidaauthority.in

Allotment method for

the scheme

e-Auction

Availability of scheme

brochure (GNIDA)

Downloadable from the Authority’s website

www.greaternoidaauthority.in

https:// etender.sbi

E-Brochure

Document Fee

INR 2,100/- (Including GST)

Processing Fee

15,000/- (Including GST)

Earnest Money

Deposit

Earnest Money Deposit specific for a particular Shop and Kiosk is as per the

details given in the Scheme Document

10.

Allotment Money

30 percent of total Premium/cost of the shop/ kiosk after adjusting earnest

money within 60 days of issuance of Allotment Letter without interest.

In case the due Allotment Money, as mentioned above, is not deposited within

the stipulated period, the allotment of shop/ kiosk shall be cancelled, and

money deposited as Earnest Money shall be forfeited.

11.

Payment options

Option 1: 100% within 90 days from the date of issue of Allotment letter

Option 2: 50% within 60 days from the date of issue of Allotment letter and

balance amount i.e. 50% of the total premium of the shop/kiosk in 2 years. The

50% amount shall carry interest @ 11% per annum.

Option 3: 30% within 60 days from the date of issue of Allotment letter and

balance amount i.e. 70% of the total premium of the shop/kiosk in 4 years. The

70% amount shall carry interest @ 11% per annum.

12.

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.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

Head

Details

13.

Transfer

Transfer of shop/kiosk may be allowed by the GNIDA as per the prevailing

policy of the Authority at the time of submission of transfer request letter by the

Allottee after the following:

i) payment of prescribed fees/charges,

ii) clearance of all up to date dues, and

iii) overdue installment towards premium of shop/kiosk.

14.

Period of lease

The allotment of Shop/ Kiosk will be made on leasehold basis for a period of

90 years from the date of execution of Lease Deed.

15.

Location charges

Not Applicable

16.

Rate of annual Lease

Rent

2.5% of the total premium of the Shop/ Kiosk to be increased by 50% every

ten years.

17.

Reserve Price

Reserve price specific for a particular Shop/ Kiosk is as per the details given in

the Scheme Document

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

1 Section I: Instructions to the Applicants

1.1 Definitions:

The key definitions for the purpose of this scheme document are as follows:

i. “Authority” means the Greater Noida Industrial Development Authority

ii. “Authorised Bank” implies the bank that has been identified by the Authority

iii. “Allotment letter” is the letter issued by the Authority to the Allottee confirming the allotment under

a particular scheme for which application was submitted

iv. “Allotment money” is the amount as prescribed in the scheme brochure and is expected to be

deposited by the Allottee within the given time period

v. “Allottee” is the person whose application for allotment has been approved by the competent

officer

vi. “Allotment committee” is a committee constituted at the Authority for reviewing the applications

received for allotment under the advertised scheme.

vii. “Applicant/Bidder” is the person/entity who has submitted response to this tender document

viii. “Building Byelaws/Regulations” as notified by the Authority for development of land and

construction of buildings

ix. “Contract” means the Contract signed by the Parties and all the attached documents which

includes General Conditions (GC), the Special Conditions (SC), and the Appendices

x. “Consortium” refers to the group of entities (not exceeding 5) jointly submitting the tender/proposal

as a Tenderer. Each of the members of the Consortium shall individually be referred to as

“Consortium Member”.

xi. “Day” means calendar day

xii. “Functional certificate” refers to the certificate issued by the concerned department in Authority to

declare the unit as functional/operational

xiii. “Government” means the Government of Uttar Pradesh

xiv. “Lead Member” means

a. where the Applicant/Tenderer is a Consortium, the Consortium Member having at least 30%

stake in the Consortium, meeting the Eligibility Criteria, either by itself or through one of its

Affiliate and designated as the “Lead Member” of such Consortium by all the Consortium

Members.

xv. “Net worth” from Financial Statement, where Net worth shall be calculated as below:

a. In case of a Company: Net Worth is the Paid-up share capital (excluding share application

money) plus Reserves and surpluses (excluding revaluation reserve) less Preliminary and pre-

operative expenditure; less Miscellaneous expenditure to the extent not written off; less

accumulated losses; less intangible assets. (Figures are to be taken from the last audited

balance sheet of the Company)

b. In case of a Partnership firm/ LLP Firm: Contribution by each partner taken together in the

capital of the firm shall be considered as Net Worth of the firm excluding intangible assets, if

any.

c. In case of an Individual: Net Worth statement (relating to application made by proprietorship

firm) certified by the applicant’s statutory auditors/ Chartered Accountant along with certified true

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

copies of income tax / wealth tax returns with all its enclosures as submitted to Income Tax

Authority, should be submitted.

d. In case of a Trust: Corpus fund and General Fund taken together shall be considered as Net

Worth of the Trust.

e. In case of a Society: Corpus fund and General Fund taken together shall be considered as Net

Worth of the Society.

f. In case of a New Company: Net Worth of promoters/ Directors

xvi. “Lease Rent” is the amount paid by the Lessee to the Lessor as rental against the property

allocated to the Lessee

xvii. “Lease Deed” is a contractual agreement by which Lessor conveys a property to Lessee, for a

limited period, subject to various conditions, in exchange for Lease Rent, but still retains

ownership.

xviii. “Lessee” is the person/entity who holds the lease of a property or tenant

xix. “Lessor” refers to a person/entity who leases or rents a property to another; the owner which in

this case is GNIDA.

xx. “Transfer Deed” is a contractual agreement by which a property (herein shop/kiosk) is transferred

from its legal Lessee to another party .

xxi. “Occupancy certificate” refers to the certificate issued by the Authority on completion of the

building construction as per provisions of Building Regulations

xxii. “Sub-Lessee” is the person/entity who holds a lease of a property which was given to another

person/entity for all or part of a property.

xxiii. “Mutation letter” is the letter issued by competent Authority for change of name on a property

xxiv. “Reserve Price” is the minimum price as determined by the Authority for this scheme/property and

would act as the base price at which the bidding starts.

xxv. “Total Premium of the Shop/ Kiosk” is the total amount payable to the Authority calculated as the

quoted bid price per sqm multiplied by the total area of the Shop/ Kiosk. (GST and Taxes if any is

over and above this premium and are not included in the definition of Total Premium).

xxvi. “Authorized Signatory” Officer or representative vested (explicitly, implicitly, or through conduct)

with the powers to commit the authorizing organization to a binding agreement.

1.2 Eligibility Criteria

1.2.1 Any person, trust, firm, company or registered co-operative society may submit bid for one

or more than one shop/kiosk.

1.2.2 In case of application on behalf of an individual he/she is required to submit a copy of

Aadhar card, PAN card, Passport, Driving License etc.

1.2.3 A separate application shall be required to be submitted for each shop/kiosk.

1.2.4 The Tenderer should be competent to submit the tender and enter into contract.

1.2.5 10 (ten) percent of the total number of kiosks in this scheme are reserved for the villagers

of Greater Noida whose land has been acquired by Greater Noida Industrial Development

Authority.

Note: The applicants for reserved kiosks must submit true certified copy of the eligibility

condition:

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

1.2.6 In case of villager’s category, proof of land acquired by GNIDA.

1.3 How to apply & Acceptance of Bid

1.3.1 Interested parties will need to register and obtain user ID and password on the portal and

thereafter deposit non-refundable and nonadjustable E-Brochure document fees of INR

2,100/- and Processing Fees of INR 15,000/- separately against each property for

participation in the e-auction through online payment on or before date as mentioned on

the portal. GNIDA will not be responsible for any payment after that and bid will not be

considered.

1.3.2 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. Any request/complaint regarding the connectivity of internet at

the bidder’s end will not be entertained in any form and shall not be basis of cancellation of

the bidding process.

1.3.3 Group of shops/kiosks having the same size and same earnest money, are likely to be put

up for e-auction on a day. Bidder is required to deposit a separate EMD for each

advertised property.

1.3.4 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.

1.3.5 Authority reserves the right to accept or reject any or all the bids or cancel/postpone the e-

auction without assigning any reason.

1.3.6 Bidding will not be permissible below the reserve price/allotment rate of the shop/kiosk.

1.3.7 If the bidding continues till the last 5 minutes of the scheduled/extended closing time of

auction, in such case, the bidding time shall be automatically extended for further 15

minutes from the last Bid.

1.3.8 Post registration, e-bidder shall proceed for login by using his ID and password. Bidder

shall proceed to select the event he is interested in. the e-bidder would have following

options to make payment towards e-brochure fees, processing fees and EMD through

valid:

Credit Card

: For document download fee and processing fee

Net Banking

: For document download fee, processing fee

and EMD

NEFT

: For document download fee, processing fee

and EMD

RTGS

: For EMD

Branch Option (SBI Cheque) at SBI

branch

: For document download fee, processing fee

and EMD

1.3.9 Incomplete bid documents will not be considered.

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

1.3.11 The qualification Bids shall be opened by the Committee constituted for this Purpose by

GNIDA.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

1.3.12 After verification of related documents upload by the highest Bidder/Applicant, allotment

letter to the successful highest Bidder/Applicant will be issued by GNIDA within 30 days of

the closure of auction.

1.3.13 Portal for e-auction https://etender.sbi can also be accessed through a link at GNIDA

website www.greaternoidaauthority.in

1.3.14 Customer Care for technical support on registration, deposit of fees, e-auction etc. Phone:

022-22811110 email: etender.support@sbi.co.in

1.3.15 For further inquiries contact: Office of the Desk Officer Commercial Department, Plot No.

1, KP IV, Greater Noida, Uttar Pradesh 201301 between 10.00 AM to 02.00 PM.

1.3.16 The GNIDA may, without assigning any reason, add one or more Shop/ Kiosks in the

scheme and/or withdraw any one or all of the Shop/ Kiosk s from the scheme at any

stage. The size of the Shop/ Kiosk may be increased or decreased.

1.3.17 The GNIDA 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.

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

1.4 Language and currency

1.4.1 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).

1.5 Applicant’s responsibility

1.5.1 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.

1.5.2 GNIDA shall not be liable for any mistake or error or neglect by the Applicant.

1.6 Documents required with Application Form

1.6.1 Documents as per section 1.2, duly signed by the applicant and certified by Chartered

Accountant on each page, should be enclosed with the application form for registration.

1.7 Extension of time limit for deposit of Allotment money

1.7.1 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 earnest money

will be forfeited by the Authority.

1.8 Payment options & schedule

1.8.1 Option 1: Applicant has option to make full and final payment of the total premium of the

shop/kiosk within 90 days from the issue of Allotment letter. In such case, 5% rebate will

be given on the total premium of the Shop/ Kiosk. The 90 days will include the date of

issue of Allotment letter.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

1.8.2 Option 2: Applicant has option to pay 50% of the total premium of the shop/kiosk

(including 10% earnest money) within 60 days from the issue of Allotment letter and has to

pay balance amount 50% of the total premium of the shop/kiosk in 2 years in 4 half-yearly

installments. The applicable interest rate for installments shall be @11%. In such case a

2% rebate will be given on the total premium of the shop/kiosk adjusted in the last payable

installment.

1.8.3 Option 3: Applicant has option to pay 30% of the total premium of the shop/kiosk

(including 10% earnest money) within 60 days from the issue of Allotment letter and has to

pay balance amount 70% of the total premium of the shop/kiosk in 4 years in 8 half-yearly

installments. The applicable interest rate for installments shall be @11%.

1.8.4 Other conditions:

i. The Bidder has to give his option for the payment plan along with the bid.

ii. Payments can be made with any of the listed banks via DD or online through

Authority’s website GNIDA

iii. The Allottee shall be liable to pay stamp duty (Stamp duty calculation should also be

verified from the concerned sub registrar, Gautam Budh Nagar) for execution of the

Lease Deed in treasury of district Gautam Budh Nagar and should produce a

certificate to the affect in relevant department at GNIDA within 180 days from the issue

of allotment letter.

iv. After depositing the installment with the designated scheduled bank, the Allottee shall

intimate the same to GNIDA through a written intimation along with the copy of challan

of amount deposited or through an email.

v. In case of default in making payment of installment money, the Allottee/Lessee would

be required to pay additional interest at a rate 03%p.a. (Total 14% p.a.) for the

defaulted period. The defaulted amount will be compounded half yearly.

vi. In case of default in payment of three consecutive installments, allotment/lease may

be cancelled by the Authority. However, in exceptional circumstances an extension of

time for payment of installment may be granted by the CEO for which Allotte/Lessee

shall pay default interest@14% p.a. compounded every half yearly instead of 14%

compounded yearly for the entire default period.

vii. 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.

viii. The Allotte/Lessee shall not claim/entitled for any benefit/ relaxation on the ground that

the contiguous land has not been made available/handed over. In such an event, the

due date of payment of installment shall not be changed in any case and

Allotte/Lessee shall have to pay due installment along with interest on due date.

ix. 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 Allotte/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.

1.9 Change in the name of applicant

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

1.9.1 Change in name of applicant shall not be allowed for individual applicants. In case of a

Company/Firm applicants may change their name as per the provisions of the Companies

Act and Partnership Act respectively. This change would be subject to policy of GNIDA

and payment of charges.

1.10 Unsuccessful applicants

1.10.1 The earnest money of unsuccessful applicants shall be returned to them without interest.

However, if the period of deposit is more than one-year, simple interest @ 4%p.a. shall be

paid for the period of deposit exceeding 1(one) year.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

2 Section II: General terms and conditions

2.1 Execution of Lease Deed

2.1.1 Execution of Lease Deed/Sub Lease Deed(s) can be done only after a minimum payment

of 30% of premium and one-year Lease Rent, in advance.

2.1.2 The Allottee will be required to execute the Lease Deed of the shop/ kiosk within 30 days

from the date of issue of check list which shall be issued soon after the acknowledgement

of receipt of allotment letter and payment of the dues in accordance with the payment plan

opted by the Allottee. In case of failure to do so, the allotment of shop/ kiosk may be

cancelled and 30% of the premium (tendered amount) of the Shop/ Kiosk & any charges,

interest and any other penalties may be forfeited.

2.1.3 However, in exceptional circumstances, the extension of time for the execution of the

Lease Deed and taking over possession may be permitted as per the prevailing policy of

the Authority at the time of submission of extension request letter by the Allottee and after

payment of prescribed fees/charges. The current extension charges of the Authority for

reference of the Applicant are as follows:

First 6 Months

1% of the total premium of the shop/ kiosk

Second 6 Months

Additional 2% of the total premium of the shop/

kiosk

Third 6 Months

Additional 4% of the total premium of the shop/

kiosk

Fourth 6 Months

Additional 8% of the total premium of the shop/

kiosk

After that

Additional 2% of total premium of the

shop/kiosk per month for a maximum of one

(1) year. Therefore, the maximum extension

given will be three (3) year. After this period

the allotment would stand cancelled.

2.1.4 Documentation charges: All cost and expenses of preparation, stamping and registering

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.

2.1.5 Period of lease: 90 years from the date of execution of Lease Deed.

2.2 Lease Rent

2.2.1 In addition to the premium of Shop/ Kiosk, the lessee shall have to pay yearly Lease Rent

in the manner given below.

i. The Lease Rent will be 2.5% of the premium of the Shop/ Kiosk per year for the first

10 year from the date of execution of the Lease Deed.

ii. After ten years from the date of execution of the Lease Deed, the Lease Rent shall be

automatically increased @50% and the rate will be applicable for the next ten years

and this process of enhancement will continue for future.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

iii. The Lease Rent shall be payable in advance every year. First such payment shall fall

due on the date of execution of Lease Deed and thereafter, every year, on or before

the last date of previous financial year.

iv. In case of failure to deposit the due Lease Rent by the due date, interest will be

charged @14% p.a. compounded half year, on the defaulted amount and for the

defaulted period.

v. The Allottee/ Lessee has the option to pay lease rent equivalent to 11 years lease rent

(i.e. 11 years @2.5% = 27.5% of the total premium of the Shop/ Kiosk) as One Time

Lease Rent unless the Authority decided to withdraw this facility. On payment of One-

Time Lease Rent, no further annual lease rent would be required to be paid for the

balance lease period, this option may be exercised at any time during the lease period,

provided has no outstanding lease rent arrears. It is made clear that lease rent already

paid will not be considered for adjustment in the amount payable towards One Time

Lease Rent.

2.3 Location charges

2.3.1 Location charges – Not applicable.

2.4 Possession of the Shop/Kiosk

2.4.1 Possession of allotted shop/kiosk will be handed over to the Lessee/Sub-Lessee(s) upon

execution of Lease Deed(s).

2.4.2 Execution of Lease Deed(s) can be done only after a minimum payment of 30% of

premium and one-year Lease Rent, in advance. On the date of execution of the Lease

Deed there remains no outstanding amount payable to the GNIDA whether on account of

installment towards the premium or any account head whatsoever.

2.4.3 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 and not more

than 60 days from the issuance of checklist. In case possession is not taken by Allottee

within 30 days of execution of lease deed than a charge of INR 10 per Sqm per day shall be

payable by the Allottee.

2.5 Variation in actual area of allotted Shop/Kiosk

2.5.1 The Area of the commercial Shop/ Kiosks stated in the brochure is approximate, the

tenderer whose tender is accepted, shall have to accept any variation, up to 10% either

way in the area of the commercial shop/ kiosk, for which the tender has been offered. The

premium of the commercial Shop/ Kiosk will accordingly be calculated due to such

variation in the area.

2.6 As is where basis/ Lease period

2.6.1 The Shop/ Kiosks are offered for allotment on a “as is where is basis” on a lease for a

period of 90 years starting from the due date of execution of the Lease Deed. The Allottee

shall be responsible for appropriate due diligence by visiting the shop/ kiosk before Bid

submission. No claim whatsoever is admissible on account of physical status of the land of

the shop/kiosk offered for allotments.

2.7 Surrender

2.7.1 The Allottee can surrender the allotment with an online application within 30 days from the

date of allotment. In such case, earnest money deposited will be forfeited in total and the

balance, if any, deposited against the premium of shop/kiosk, will be refunded without

interest.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

2.7.2 In case the allotment is surrendered after 30 days from the date of allotment, the total

deposited amount or 30% of total premium, whichever is less, will be forfeited and the

remaining amount after adjustment of all dues of authority if any, will be refunded without

interest. However, the amount deposited towards Lease Rent, interest, extension charges

etc. shall not be refundable.

NOTE: The date of surrender in the above case shall be the date on which the application

for surrender is received online via email @ authority@gnida.in. No subsequent claim on

the basis of any postal certificate etc. will be entertained. 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 GNIDA.

2.8 Change in Constitution (CIC)

2.8.1 Change in Constitution may be allowed by the GNIDA 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.

2.9 Change in Shareholding (CIS)

2.9.1 Change in Shareholding may be allowed by the GNIDA 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.

2.10 Transfer of Shop/ Kiosk

2.10.1 Transfer of shop/ kiosk may be allowed by the GNIDA as per the prevailing policy of the

Authority at the time of submission of transfer request letter by the Allottee and after

payment of prescribed fees/charges.

2.11 Maintenance

2.11.1 The Allottee/Lessee at his own expense will take permission for sewerage, electricity and

water connections from the concerned departments of GNIDA 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 shop/ kiosk. If the buildings

and the common services are not maintained properly, the GNIDA 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 GNIDA 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.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

v. The Allottee/Lessee/Sub-Lessee(s) shall abide by all the regulations, bye-laws,

directions and guidelines of Greater Noida industrial Development Authority

framed/issued under the U.P. Industrial Area Development Act 1976 and Rules

made therein, and any other Act and Rules, from time to time

vi. In case of non-compliance of these terms of conditions and any other directions of

GNIDA, GNIDA shall have the right to impose such penalty as it may consider just

and/or expedient.

2.12 Mortgage

2.12.1 Mortgage permission may be allowed by the GNIDA as per the prevailing policy of the

Authority at the time of submission of Mortgage permission request letter by the Allottee

and after payment of prescribed fees/charges.

2.13 Issue of Mutation Letter

2.13.1 Application can be submitted by the Transferee at the concerned department along with

the following documents:

i. A certified copy of the Transfer Deed duly executed by the Transferor.

ii. Copy of challan against payment of transfer charges in one of the Authorized bank shall

be required.

2.14 Misuse, Additions, Alterations, etc.

2.14.1 The Allottee shall not use the shop/ kiosk for any purpose other than that for which it has

been allotted / leased. The Lessee / Allottee shall not be entitled to divide the Shop/ Kiosk

or amalgamate it with any other Shop/ Kiosk. In case of violation 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.

2.14.2 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.

2.14.3 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

GNIDA in this regard.

2.15 Indemnity

2.15.1 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 GNIDA and its officers and employees against all disputes arising out

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

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

2.16 Liability to Pay Taxes

2.16.1 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 shop/ kiosk, whether such charges are imposed on the shop/ kiosk or on the

building constructed thereon, from time to time.

2.17 Overriding Power over Dormant Properties

2.17.1 GNIDA reserves the right to all mines, minerals, coals, washing gold, earth oils, quarries in

or under the shop/ kiosk 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 Shop/ Kiosk (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 GNIDA on the amount of such compensation will be final and binding on the

Applicant.

2.18 Consequences of mis-representation

2.18.1 If the allotment is found to be obtained by any misrepresentation, concealment,

suppression of any material facts by the Tenderer/ Applicant/ Allottee/ Lessee and/or Sub-

Lessees, the allotment of Shop/ Kiosk shall be cancelled and/ or lease shall be

determined, as the case may be. In addition, the entire money deposited by the Tender/

Applicant/ Allottee/ Lessee and Sub-Lessees shall be forfeited and legal action for such

misrepresentation, concealment, suppression of material facts shall also be taken.

2.19 Cancellation of Lease Deed

2.19.1 In addition to the other specific clauses relating to cancellation/determination, GNIDA, will

be free to exercise its right of cancellation/ determination of the allotment/ the lease of

commercial Shop/ Kiosk 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

GNIDA or by any other statutory body.

iii. In case of default on the part of the Tenderer/ Applicant/ Allottee/ Lessee and/or

Sub-Lessees or any breach/violation of the terms and conditions of the tender,

allotment, lease and/or non-deposit of the allotment amount, instalments or any

other dues.

2.19.2 If the allotment is cancelled on the grounds mentioned in Clause 2.20.1 (i) above, the

entire amount deposited by the Tenderer/ Applicant/ Allottee,/ Lessee and/or Sub-Lessee

till the date of cancellation/determination, shall be forfeited by GNIDA and no claim,

whatsoever, shall be entertained in this regard.

2.19.3 If the allotment is cancelled on the grounds mentioned in Clause 2.20.1 (ii) or (iii) above,

30% of the total premium or total premium deposited (whichever is less) together with

lease rent, interest, extension charges shall be forfeited in favour of GNIDA. Balance

amount, if any, after forfeiting the amount as indicated above, will be refunded without

interest and no separate notice shall be given in this regard. Possession of the Shop/

Kiosk, along with the structures, if any, thereon, shall be resumed in favour of GNIDA and

the lessee shall not be entitled to claim any compensation for the same.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

2.19.4 After forfeiture of the amount as stated above, possession of the Shop/ Kiosk will be

resumed by GNIDA, along with the structure thereupon, if any, and the Tenderer/

Applicant/ Allottee/ Lessee and/or Sub-Lessees will have no right to claim any

compensation thereon.

2.20 Restoration

2.20.1 GNIDA can exercise cancellation of shop/ kiosk for breach of Terms and Conditions of

Allotment letter /Lease Deed/Transfer Deed. However, CEO or Authorised Officer of

GNIDA can restore the shop/ kiosk. The restoration will be subject to the following

conditions:

i. The application of restoration of shop/ kiosk shall be made within 60 days from the

date of cancellation.

ii. The decision about the restoration of the shop/ kiosk will be taken by the CEO or

Authorised Officer of GNIDA 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

shop/ kiosk 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 shop/ kiosk.

viii. No Court case is pending on Allottee.

ix. All legal expenses would be borne by the Allottee.

x. In case allotment had been cancelled due to illegal/unauthorized/ non-permissible

activities the restoration of the Shop/ Kiosks 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.

xi. 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.

2.21 Functional

2.21.1 The Allottee / Lessee shall have to obtain functional certificate from the Authority within six

months from the due date of issue of checklist.

2.21.2 The Allottee/ Lessee shall have to make the Commercial shop/ kiosk functional certificate

within the period as stipulated herein. Any two of the following documents would be

required in proof of commercial shop/kiosk become functional:

1. Electric Meter Sealing Certificate and Electricity Consumption Bill.

2. Telephone Bill/Demand note payment certificate by Telephone agency.

3. Trade Tax Registration Certificate.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

4. Shop and Establishment Registration Certificate.

Out of the above documents, certified copies of Electric Meter Sealing Certificate issued by

concerned Electricity Department and electric consumption bills are compulsory for

declaring a, commercial unit functional. Date of issue of Electric Meter Sealing Certificate/

Trade Tax Certificate/ Registration Certificate under shop Establishment Act, whichever is

earlier, shall be considered the date of functional of a commercial establishment. An Affidavit

duly notarized on a stamp paper of Rs. 10/- declaring the date of commercial establishment

functional (in original) is also compulsory.

2.21.3 Without prejudice to the Authority's right of cancellation, the extension of time for the

making shop/ kiosk functional, can be extended for a maximum period of another 1 and ½

years only with penalty as under:-

i. For first six months the penalty shall be 4% of total premium.

ii. For second six months the penalty shall be 6% of total premium.

iii. For third six months the penalty shall be 8% of total premium.

iv. Extension for more than 1 and ½ years as stated above shall not be permitted

under any circumstances.

2.21.4 In case of failure to comply with the above-mentioned condition, the allotment / lease shall

be liable to be cancelled and the amount deposited till the date of cancellation shall be

forfeited in favour of the Authority and the Allottee/ Lessee shall have no right to claim

compensation thereof.

2.21.5 Applicants who do not have a firm commitment to make the allotted commercial

establishment functional within the time limits prescribed above are advised not to avail the

allotment.

2.22 Other Clauses

i. The Authority reserves the right to make such 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 in the public interest.

ii. If due force majeures/unavoidable circumstances the possession of Shop/ Kiosk is

not handed over to the Allottee, the full amount deposited by the Allottee would be

refunded along with the simple interest @ 4%per Annum for the period of deposit

exceeding one year.

iii. If due to force majeures/unavoidable circumstances, the Authority is unable to allot

the Shop/ Kiosk, the earnest money deposited by applicant would be refunded.

However, no interest on the deposits will be paid to the applicant.

iv. In case there is any change of reserve price of allotment from any order of

honorable High Court/Supreme Court or Government 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. GNIDA 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 U.P.

Industrial Area Development Act 1976 (U.P. Act No. 6 of 1976) and such rules,

regulations or directions as are issued there under from time to time.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

vii. Any dispute between the Lessor and Lessee / Sub-Lessee shall be subject to the

territorial jurisdiction of Civil Courts at Gautam Budh Nagar or the High Court at

Allahabad.

viii. The allotment will be accepted by the Allottee on “As is where is basis”. The Allottee

is advised to visit the site before submission of application form/interview for

allotment.

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. For all disputes on any issue pertaining to allotment/lease, the jurisdiction of

disputes will be the District Court, Gautam Budh Nagar and/or the High Court of

Judicature at Allahabad.

xi. The Allottee will be governed by the provisions of U.P. Industrial Area Development

Act, 1976 and by the Rules/Regulations framed or directions issued there under.

xii. In case an existing link road comes anywhere in the Shop/ Kiosk area, it shall be

managed by the Allottee /Lessee till an alternate arrangement is made by GNIDA.

xiii. All arrears due to the Lessor are recoverable as arrears of land revenue.

xiv. 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.

xv. GNIDA 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

GNIDA shall be final and binding on the Allottee/Lessee.

xvi. The Allottee / Lessee shall have to make sufficient provision of parking in the shop/

kiosk itself.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

3 Annexures – Technical forms

3.1 Application form

(To be submitted in duplicate

)

Form Sl.No. ______

The Chief Executive Officer,

Greater Noida Industrial Development Authority

Plot no 01, Knowledge Park IV, Greater Noida, Uttar Pradesh 201 310

Subject: Application for allotment of __________ (insert the type of Shop/ Kiosk to be allotted) shop/

kiosk _________

Dear Sir / Madam,

We hereby submit our application form for allotment of ____________ (insert the type of shop/ kiosk to be

allotted) shop/ kiosk to establish

______________________________________________________________________

__________________________________________ on an area of _________________________Sq.mt.

We hereby agree to pay allotment money / installments / Lease Rent etc. as per payment plan and

Rates/premium of allotment hereinafter mentioned in the Data Sheet and General Terms and Conditions.

We are enclosing herewith the following documents:

a) Certificate of authorization in favor of Shri/Smt./Ms. _____________________________________

_S/o/D/o _______________________________________who is signing as (status) ___________ on

behalf M/s ___________________________________________________________________

(Name of the Applicant ) constituted/registered under ____

______________________________________________________________________________

(please mention Act of Government of India / State Government)

b) This entire document, including all terms and conditions is enclosed herewith which will be duly

signed by the authorised signatory upon submission as acceptance of the terms and conditions of the

allotment of land.

g) Refund Account Details (For the purpose of refund or earnest money of unsuccessful applicants)

Name of Bank & Branch _________________________________________________________

Original form will be duly filled and signed by the applicant and submitted along with a self-attested

photocopy of the complete document.

Self-attested

photograph of

authorized

signatory

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

Bank Account No. ______________________________________________________________

IFSC Code: ___________________________________________________________________

Date ____________________

Address of Applicant _______________________

________________________________________

Phone __________________

Fax _________________

E_mail __________________________________

Signature of Authorized signatory

Stamp of Applicant with name & designation

NOTE:

The Applicants for reserved kiosk has to submit true certified copy of the eligibility condition:

• In case of villagers’ category, proof of land acquired by GNIDA.

SCHEME FOR COMMERCIAL SHOPS & KIOSKS IN GREATER NOIDA

3.2 Format for affidavit

(To be furnished on non-judicial stamp paper of Rs.100/- duly attested by notary public, by the sole Applicant

or by Each Member in case of Consortium).

Ref.: Application of __________ (insert the type of Shop/ Kiosk to be allotted) Shop/ Kiosk in Greater

Noida Industrial Development Authority Area.

1. I, the undersigned, do hereby certify that all the statement made in our Application, including in

various Annexures & Formats, are true and correct and nothing has been concealed.

2. The undersigned hereby authorize(s) and request(s) any bank, person, firm or corporation to furnish

pertinent information deemed necessary and requested by GNIDA to verify this statement or

regarding my (our) competence and general reputation.

Signature of Authorised signatory

Stamp of applicant with name

And Status/ designation