IRWO: Land Procurement

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A photograph of Zirakpur Housing Complex

Land Procurement

The following is the position of procurement of land by IRWO for Group Housing at various locations:

1. Ahmedabad
Tender for turnkey project by a Builder for ready-built dwelling units including land transfer, had been called to be opened on 18-12-2013 for Ahmedabad. Pre-bid meeting was held on 19-11-2013 and clarifications to the points raised by Builders have been issued. At the request of Builders, the date of opening of the tender was extended to 09-01-2014. The tender has been opened. Two offers have been received which are under processing.

2. Bhubaneswar
IRWO had selected land at three locations where letters of intent were also issued but Owners/ Sellers could not honour the commitments regarding marketability, title of land/other legal requirements etc. The land could not be purchased finally. A fresh advertisement was placed in newspapers in November 2011 and some offers were received. Land Committee visited Bhubneshwar in February 2012 to see some of the plots of land. A letter of intent was again placed for procurement of a plot of land but due diligence revealed several disputes about the land. Efforts are being made to locate new plots of land. State Govt. has also been approached to provide a suitable plot of land.

3. Faridabad
In response to an advertisement for sale of group housing land at Faridabad, some offers were received. The offers were examined but the plots of land were not found suitable. Offers have again invited for a suitable plot of land.

4. Greater Noida West (Noida Extension)
Tenders for turnkey project by a Builder for ready-built dwelling units including land transfer, was called to be opened on 11-11-2013. No offer has been received. But two Builders have sent letters asking for date of opening to be extended as they could not finalize their offers in time for submission. Tender is being re-invited including other locations in one tender for NCR.

5. Jabalpur
Land Committee visited Jabalpur and a plot of 20 acres from the State Government was found suitable. Request letter was given to State Government for allotment of land to IRWO and the formalities required were also completed. However, the cost of land advised by the Collector, as well as the annual lease rental, have been found to be very high. As such, it is now proposed to try to locate parcels of private land.

6. Kolkata.
Tenders for turnkey project by a Builder for ready-built dwelling units including land transfer, has been called to be opened on 11-03-2014. Pre-bid meeting was held on 05-02-2014 at Kolkata and all clarifications have been furnished.

7. Mumbai
Letter of Intent (LOI) for purchase of 10.5-Acre of land in Panvel on Mumbai – Goa highway has been issued. The LOI has been accepted by the Seller. Due diligence for title of the Land is in progress.

8. NCR
Tenders for a Turnkey project by a Builder for ready-built dwelling units including transfer of land at various locations in NCR, namely Rajnagar Extension, Bahadurgarh, Sonepat, Manesar, Bhiwadi and Narela are being invited to be opened on 07-05-2014. Pre-bid meeting is to be held on 11-03-2014.

9. Patna
A number of plots have been seen at Patna but were not found suitable for group housing.

10. Shimla.
A suitable plot of land was identified and Letter of Intent (LOI) placed on the party. However, the party now does not appear to be serious about implementing the LOI. Efforts are being made to locate more plots of land and an advertisement has been placed in newspapers again.

11. Sohna
Tenders for turnkey projects by a Builder for ready-built dwelling units including land transfer, was called to be opened on 12-11-2013 for Sohna. One offer has been received. Offer is under consideration.

12. Varanasi
Three offers for sale of plots received in IRWO's office were examined. Land Committee visited Varanasi in October 2011 to see the plots of land. Letter of intent was issued for a plot which was found most suitable but there were some issues related to the land ceiling act with some portions of that plot of land. Hence, the LOI had to be cancelled. Some more plots of land were inspected by MD and DT during their visit to Varanasi in July 2012 and a LOI was again placed. This time the party could not get the land aggregated. Another LOI has again been placed recently for another suitable plot and the party has been requested to expedite implementation.