ZONAL OFFICE, CHENNAI LETTING OUT OF VACANT COMMERCIAL SPACES

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1 LETTING OUT OF VACANT COMMERCIAL SPACES LIC of India, Southern Zonal Office, Chennai intends to let out on lease basis, vacant commercial space available on as is where is basis 1. The prescribed application form may be downloaded from here. The attached Terms and conditions may be referred for details. The list of premises is also attached. 2. One can apply for a single space or multiple spaces. If more than one space is applied, separate application is to be submitted. However two or more persons/firms cannot jointly apply for single space and such applications will not be considered and will be rejected. 3. The filled in application in the prescribed format along with the required documents should be submitted in sealed cover, superscribed APPLICATION FOR VACANT COMMERCIAL SPACE AT CHENNAI ADDRESSED TO: The Secretary(Estates), Life Insurance Corporation of India, Southern Zonal Office, LIC Building, 11 th Floor, 153, Anna Salai, Chennai-2 ( Tel. No / ) 4. Applicants for premises measuring above 500 sq.ft must submit copies of Income Tax Returns and/or Audited Profit & Loss A/c, Balance Sheet as applicable for the past 3 years failing which their application will be deemed invalid and will be rejected. Applications without proof of adequate Income / revenue will be rejected. 5. Actual chargeable area will be subject to Joint measurement. 6. LIC of India reserves the right to accept / reject any application at its own discretion without assigning any reason. The decision of the authority will be final. 7. The last date for submission of the applications is upto 3 p.m. 8. Validity of the application is the period of six months from the date of application. 9. For inspection of the space or for any other query one may contact at Date: Regional Manager (E &OS)

2 TERMS AND CONDITIONS 1. The space will be offered on as is where is basis only for running regular offices engaged in commercial activities. Other amenities like parking, generator, V-sat antenna etc. will depend on availability of space and subject to negotiation. 2. Space will be offered on Lease basis for a period of 3 years as per the terms and conditions of the Corporation. 3. The Lease deed is to be executed and registered as per the standard pro-forma and the cost is to be borne by the Lessee. The Lease may be renewed and rent revised through negotiation at the end of the term. A fresh lease deed to be executed for the revised terms. 4. Six months rent has to be kept as interest free Security Deposit and must be deposited by Demand Draft at our cash counter which is refundable at the time of vacation of premises. 5. The rent is payable in advance before 10 th of every month failing which a simple interest of 12% is payable. 6. The Municipal Tax, Water and Drainage charges are to be borne by the tenant. Any other tax or any hike imposed by the appropriate authority is to be borne by the tenant. 7. Service Tax at the prescribed rates as applicable is to be borne by the tenant. 8. The selection of bids will be done as per the rules and guidelines of the Corporation and acceptance of the same will be subject to approval by the Competent Authority. 9. For any other query/assistance you may get in touch with us at or us at sz_estates@licindia.com Regional Manager (E & OS)

3 TENANCY APPLICATION FORM PHOTO 1. Name of Applicant : (a) Age : (b) Name of father / husband : (c) Permanent Address : (Attach Identity & Address Proof) 2. For Company / Partnership : (a) Full particulars of business along with copies of Trade License & particulars of Company ( Deed/Memorandum & Articles of Association) (b) Copy of Last 3 years Audited Balance : Sheet, P &L A/c & I.T.Returns of the Company/Firm 3. In case of Individual (a) Name & address of two referees : (b) Photo Identity Proof (Self) : (c) PAN No. (Self) : (d) ITR & Bank A/C Details (Self):SB/Current A/C : No. & Name of Bank & Branch Name (Attach ITR for last 3 years& last 3 months Bank statements) 4. Details of premises sought : ( Unit Code,Area, Location, Building Name & Floor etc.) 5. Purpose for which the premises will be utilised : 6. Rent offered: (Only Basic Rent per Sq. ft. to be quoted. All Taxes will be separate) 7. Name & Designation of contact person : (with Address, Phone No & ) 8. Whether the applicant is related to any Employee / Agent of LIC, if so, give details : The information given above is true to the best of my knowledge and belief. Date: Signature of applicant ( Company Seal) LIC of India reserves the right to reject any application without assigning any reason.

4 Sl. No. Location of building LIC OF INDIA, Details of Vacant Premises Unit Code Floor No. Area Approx. vacant 1 Andhra Insurance Building, 146/24 80 sq.ft 323,Thambu Chetty Street, 146/28 Room No 4, 190 sq.ft. Chennai /14 Room No 4, Third Floor 180 sq.ft. 146/20 & Mezzanine 1208 sq.ft(962 sq.ft in GF,246 sqft in mezzanine floor) 2 National Ins. Bldg. 149/5 Third Floor 2000 sq.ft. 224 NSC Bose Road,Chennai-1 149/10 Ground (Rear portion) 144 sq.ft. 3 South India Co-op. Bldg, 175/7 Third Floor 3470 sq.ft. 15 Anna Salai, Chennai-2 4 Prithvi Ins. Building 151/9 600 sq.ft 227 NSC Bose Road, Chennai-1 5 Shopping Complex* - Jeevan Bima Nagar Anna Nagar West Extension Chennai /3 Shop No sq.ft Offers for clinic (general medical practitioner) or pharmacy will be considered at concessional rate 177/4 177/2 5 * 70 sq.ft 7 70 sq.ft 177/ sq.ft.

5 6 Jeevan Anand Building 156/4 Second Floor 3009 sq.ft. 556 Anna Salai, Teynampet Chennai-18 7 Oriental Insurance Building 150/6 Second Floor 710 sq.ft 47, Armenian Street, Chennai-1 8 United India Building, 178/5 532 sq.ft No.8, Esplanade, Chennai-1 178/4 Ground floor(rear side) 2510 sq.ft 9 Bharat Insurance Building, 153/ sq.ft No.124, GP Road, 153/ sq.ft Anna Salai, Chennai Premier Life Building, 166/2 Second Floor 738 sq.ft 123 GN Chetty Road, T Nagar, Chennai-17

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