SHIVSHAHI PUNARVASAN PRAKALP LTD. (Company of Government of Maharashtra) RFI CUM RFP FOR AFFORDABLE HOUSING PROJECTS AND SLUM REHABILITATION PROJECTS IN MUMBAI METROPOLITAN REGION 1. Objectives of RFI Cum RFP : RFI Cum RFP is invited from Landowners/ Builders/ Developers interested in entering into partnerships through JV/SPV for implementation of Affordable Housing s and Slum Rehabilitation s in MMR in the backdrop of providing Housing for All by 2022. RFI Cum RFP and also Memorandum of Association & Articles of Association; Summary of Financial Results & Other Information is available on Website of SPPL : www.sppl.biz. 2. Schedule of RFI Cum RFP : RFI Cum RFP is available on Website of SPPL : www.sppl.biz and may be submitted online from 15 th of July, 2015 upto 14 th of August, 2015. Pre Application Conference will be held on 1 st of August, 2015. 3. Contents for RFI Cum RFP : RFI Cum RFP has to be submitted with relevant Information/ Data of the Applicant in the following Annexures. Annexure A1 : Information about Legal Status of Applicant. Annexure A2 : Information about Management Team of Applicant. 1
Annexure B1 : Information about Affordable Housing s and Slum Rehabilitation s completed by Applicant. Annexure B2 : Information about ongoing Affordable Housing s and Slum Rehabilitation s of Applicant. Annexure C : Information about Land Parcels offered by Applicant. Annexure D : Information about Financial Status of Applicant. Annexure E : Information about cases before Statutory Authorities and Courts of Law related to Applicants. Annexure F : Information about Parameters of Partnership. Annexure G : Letter of Authorisation by Applicant. Annexure H : Letter of Affirmation by Applicant Annexure I : Letter of Submission by Applicant 4. Evaluation of RFI Cum RFP : RFI Cum RFP which are complete in all respects will be considered for evaluation within the broad framework of Schemes & Programmes of GoI and Notifications & Policies/ Guidelines of GoM and/ or such other Special Directions which may be issued by GoM. 5. Submission of RFI Cum RFP : RFI Cum RFP may be submitted online from 11.00 am on 15 th of July, 2015 upto 5.00 pm on 14 th of August, 2015 and copies thereof alongwith Annual Financial Statements; Memorandum of Association and Articles of Association, Partnership Deeds, Other Relevant Documents etc. submitted in Sealed Envelopes upto 5.00 pm on 14 th of August, 2015 at the following address : Managing Director, SPPL, 5th floor, Grihanirman Bhavan, Kalanagar, Bandra (E), Mumbai- 400 051. 2 Managing Director SPPL
ANNEXURE A-1 INFORMATION ABOUT LEGAL STATUS OF APPLICANT Sr. Category of Applicant Yes No Name of Applicant Certificate of Incorporation/ No. Registration/ Other Documents 1 Proprietary Firm Remarks 2 Partnership Firm 3 LLP 4 OPC 5 Charitable Trust 6 Registered Society 7 Private Limited Company 8 Public Limited Company 9 JV/SPV 10 Consortium & Others Date: Signature and Seal of the Authorized Signatory 3
ANNEXURE A-2 INFORMATION ABOUT MANAGEMENT TEAM OF APPLICANT Sr. No. Managerial Positions Name Office Address Telephone Nos. Fax Nos. E-mail Remarks 1 a) Managing Director/ Managing Trustee/ Lead Consortium Member/ Chairperson of Society/ Others b) Wholetime Directors/Partime Directors/ Consortium Members/ Members of Society/ Trustees/ Others c) Proprietors/ Individuals / Others 2 Authorized Signatory Date: Signature and Seal of the Authorized Signatory 4
ANNEXURE B-1 INFORMATION ABOUT AFFORDABLE HOUSING PROJECTS AND SLUM REHABILITATION PROJECTS COMPLETED BY APPLICANT Sr. No. Name & Location of No. & Types of Buildings under Acquisition Cost of Land Parcels under Market Valuation of Land Parcels under Estimated Cost of Certified Final Cost of Approximate Market Valuation of Sanctioned FSI & Built-up Area of Date of Initial Approval of Date of Actual Commencement of Date of Final Completion of No. of EWS/LIG DUs constructed under Name of Planning Authority Remarks 1 2 3 4 5 6 7 8 9 10 Date: Signature & Seal of the Authorized Signatory 5
ANNEXURE B-2 INFORMATION ABOUT ONGOING AFFORDABLE HOUSING PROJECTS AND SLUM REHABILITATION PROJECTS OF APPLICANT Sr. No. Name & Location of No. & Type of Buildings under Market Valuation of Land Parcels Market Valuation of Land Parcels under Estimated Cost of Anticipated Final Cost of Approximate Market Valuation of Sanctioned FSI & Builtup Area of Date of Initial Approval of Date of Actual Commencement of Date of Expected Completion of No. of EWS/LIG DUs Constructed under Name of Planning Authority Remarks 1 2 3 4 5 6 7 8 9 10 Date: Signature & Seal of the Authorized Signatory 6
ANNEXURE C INFORMATION ABOUT LAND PARCELS OFFERED BY APPLICANT Sr. No. Type of Document Yes No Remarks 1 Ownership/ Rights of Land Parcels such as Sale Deed / Lease Deed/ Power of Attorney/ Assignment Deed (Attach Copies). 2 Title of Land Parcels such as Village Form 7/12 and/or Property Cards (Attach Copies). 3 Search Reports from Solicitors Firms about Ownership/ Rights and Title of the Land Parcels (Attach Copies). 4 DP/RP Sheets indicating Zones/ Reservations of Land Parcels (Attach Copies). 5 Survey Remarks of Planning Authority about Permissible Uses of Land Parcels such as Residential and/or Commercial and/or Mix Use (Attach Copies). 6 Site Photographs of Land Parcel showing Geographical Features & Manmade Incumbent Structures, such as Hills/ Rivers/ Lakes & HT Power Lines/ Canals (Attach Copies). 7
7 Google Maps of Land Parcels showing distance from existing and/or proposed Transport Nodes such as Mass Transit Corridors and/ or Local Railway Stations/ Bus Stands (Attach Copies). 8 On Site Infrastructure available for Land Parcels such as Approach Road; Water Supply; Electricity Lines and Sewerage & Drainage Facilities (Attach Copies). 9 Approved Layout Plans and/or Building Permissions obtained for Land Parcels from Planning Authority such as LOI/IOA/IOD (Attach Copies). 10 Stamp Duty Rates applicable as per current ASR for Land Parcels (Attach Copies). Date: Signature & Seal of the Authorized Signatory 8
ANNEXURE D INFORMATION ABOUT FINANCIAL STATUS OF APPLICANT Sr. No. Subject Categories 2010-11 2011-12 2012-13 2013-14 2014-15 Remarks 1. Authorized Share Capital 2. Paid-up Capital 3. Total Reserves : (a) Accumulated Profits (b) Specific Reserves 4. Net Worth 5. Current Assets 6. Current Liabilities 7. Working Capital 8. Annual Turnover 9
9. Profit After Tax 10. Total Secured Loans : (a) Long Term Borrowings (b) Working Capital Loans 11. Debt Equity Ratio 12. Current Ratio Date: Signature and Seal of the Authorized Signatory 10
ANNEXURE E INFORMATION ABOUT CASES BEFORE STATUTORY AUTHORITIES AND COURTS OF LAW RELATED TO APPLICANTS Sr. No. (a) Statutory Authorities Income Tax Case No./ Appeal No./ Review No. Name of Applicants & Respondents and/ or Appellants & Defendants Summary Description of Grounds Amounts involved in Disputed Claims and/ or Outstanding Recoveries Remarks (b) Excise & Customs (c) Debt Recovery Tribunal (d) Enforcement Directorate (e) Service Tax (f) Sales Tax (g) Others Sr. No. (a) Courts of Law Supreme Court of India SLP No/ WP No/ Suit No/ Appeal No. Name of Applicants & Respondents and/ or Appellants & Defendants Summary Description of Grounds Amounts involved in Disputed Claims and/ or Outstanding Recoveries Remarks (b) High Court at Bombay (c) District & Sessions Courts (d) Tribunals & Commissions (e) Others Date: 11 Signature and Seal of Authorized Signatory
ANNEXURE F INFORMATION ABOUT PARAMETERS OF PARTNERSHIP Sr. No. (a) Category of Parameters Brief Narrative Quantifiable Information Outline of Partnership through JV/SPV. (Maximum of 500 Words) (b) (c) Scope of Offer inclusive of Land & FSI and Nature of Expectations. (Maximum of 500 Words) Experience of using Construction Technologies for Mass Housing s. (Maximum of 250 words) (d) Successful Partnerships with Organizations and Agencies of GoM & GoI. (Maximum of 250 Words) (e) Identified Sources for requirements of Finance. (Maximum of 250 Words) Date: Signature and Seal of the Authorized Signatory 12
ANNEXURE G LETTER OF AUTHORISATION BY APPLICANT (Specify Name & Designation) having office at (Specify Postal Address), and whose signature has been attested below, is hereby authorized by & on behalf (Specify Name of Applicant) to submit our RFI Cum RFP to SPPL for Affordable Housing and Slum Rehabilitation s in MMR at (Specify Location of ). Signature of Authorized Signatory Attestation by Applicant Name & Designation Date: Seal 13
ANNEXURE H LETTER OF AFFIRMATION BY APPLICANT I, (Specify Name of Authorized Signatory) having office at (Specify Postal Address) have been nominated as Authorised Signatory by & on behalf of (Specify Name of Applicants), for submission of their RFI Cum RFP for Affordable Housing s and/or Slum Rehabilitation s in MMR at (Specify Location of ) hereby make the following affirmations on behalf of the Applicants :- 1. Land Parcels offered have no dispute of any kind regarding their Ownership & Title & is presently owned by (Specify Names of Land Owners) 2. Land Parcels offered are situated within the approved Development Plan / Regional Plan of ( Specify Name of Planning Authority) & the permitted Land Use is (Specify Residential /Commercial/ Mixed Use). 3. Land Parcel has total permissible FSI of as per DCR of (Spe cify Name of Planning Authority and/or Urban Development/ Housing Department) Government Resolution/ Notification (Specify No. & Date). Out of this FSI is required to be built and handed over for Affordable Housing/ Social Housing/ Inclusive Housing to. (Specify Name of Statutory Authority). 4. Land Parcels stands adequately secured by Boundary Wall/ Barbed Wire Fence/ On Site Security/ Others (Specify Type). 14
5. Land Parcel have the following encumbrances vis-à-vis Advances & Loans and Mortgage Deeds from Financial Institutions & Other Private Sources. a) Advances & Loans have never been taken and there are no Mortgage Deeds (Specify Yes/No). or b) Advances & Loans have been taken earlier from (Specify Name & Address of Financial Institutions & Other Private Sources) amounting to Rs, which stands cleared as on date. (Attach relevant documents from the Financial Institution & Other Private Sources and Copies of Mortgage Deeds). or c) Advances & Loans have been taken earlier from ( Specify Name & Address of Financial Institution & Other Private Sources) amounting to Rs. Out of this an amount of Rs is outstanding as on date. (Attach relevant documents from the Financial Institution & Other Private Sources and Copies of Mortgage Deeds). 6. Land Parcels offered have the following encumbrances vis-à-vis Statutory Charges & Taxes/ Dues etc levied by Statutory Authorities and/or Courts of Law. (a) Statutory Charges & Taxes/ Dues have never been levied (Specify Yes/No). or (b) Statutory Charges & Taxes/ Dues of Rs have been levied by (Specify Name of Statutory Authority and/or Courts of Law) & stand completely paid as on date. (Attach Copies of relevant Orders & Documents of Statutory Authorities and/or Courts of Law). or (c) Statutory Charges & Taxes/ Dues of Rs have been levied by (Name of Statutory Authority and/or Courts of Law) & an amount Rs. is outstanding as on date (Attach 15
Copies of relevant Orders & Documents of Statutory Authorities and/or Courts of Law). 7. Land Parcels offered have the following status vis-à-vis Development Agreements and/or Power of Attorneys. (a) Development Agreements and/or Power of Attorneys has never been executed (Specify Yes/No). or (b) Development Agreements have been executed and/or Power of Attorneys given to (Specify Name of Third Parties) but it has expired or is not valid as on date. (Attach Copies of Development Agreements and/or Power of Attorneys). or (c) Development Agreement have been executed and/or Power of Attorneys given to (Specify Name of Third Parties) & it is still in force as on date. (Attach Copies of Development Agreements and/or Power of Attorneys). 8. Land Parcels come under the preview of the Urban land (C & R) Act.1976 & are at present subject to proceedings before Statutory Authorities and/or Courts of Law (Attach Copies of Orders & Documents). 9. Land Parcels are at present subject to proceedings of Land Acquisition by Statutory Authorities and/or Organizations & Agencies of GoM and/or GoI (Attach Copies of Orders & Documents). 10. Applicants to the best of their knowledge & belief have not been accused of commission of any offence under IPC and/or any other Statutes & Laws and/or Rules & Regulation for which Charge Sheets have been filed before Courts of Law. Applicants to the best of their knowledge & belief have also not been convicted & subjected to Terms of Imprisonment & Penalties by Courts of Law. 16
11. Applicants agree and affirm that if any claims are filed against them or any matter is brought to dispute before any Statutory Authorities or Courts of Law; they will indemnify SPPL from all such claims and/or costs of dispute and/or litigations etc. that may result from decision or orders of such Statutory Authorities & Court of Law. 12. Applicants affirm to abide by all Modifications/ Changes which may occur in the Norms & Criteria etc. of any Schemes & Programmes of GoI and/or any Policy/ Guidelines/ Government Resolutions/ Notifications etc of GoM and also agree to abide by them and such appropriate decisions that may be arrived their upon by SPPL. Date : Signature and Seal of the Authorized Signatory 17
ANNEXURE I LETTER OF SUBMISSION BY APPLICANT Managing Director Shivshahi Punarvasan Prakalp Ltd. 5th Floor, Grihnirman Bhavan, Bandra (E), Mumbai- 400 051. Sub : Submission of RFI Cum RFP for Affordable Housing s and Slum Rehabilitation s in MMR. Dear Sir, RFI Cum RFP along with all Annexures about our Affordable Housing and/or Slum Rehabilitation in MMR at (Specify Location of ) is submitted herewith on behalf of (Specify Name of Applicants) for due consideration of SPPL. 1. I affirm that all Information/Data submitted online in RFI Cum RFP are true and correct to the best of knowledge & belief of the Applicants and all Statements/ Documents are true copies of their respective originals which are available with the Applicants & have been self attested by me as their Authorized Signatory. I am also submitting herewith the original Letter of Authorization given to me by the Applicants for record of SPPL. 2. I shall make available all such Supplementary Information/ Data and/or Statements/ Documents of the Applicants which may be required for consideration & evaluation of RFI Cum RFP by SPPL. 3. I have no reservations to the contents & disclosures in RFI Cum RFP and any Information/Data and/or Statements/ Documents submitted by the Applicant being referred for Cross Verification and/or Evaluation to any Statutory Authorities and/or Organization/ Agencies of GoM & GoI and also Advisors & Consultants who may be appointed by SPPL. 18
4. I affirm that if during the process of RFI Cum RFP if there are any Modifications/ Changes etc. in facts or circumstances which may render the Applicant ineligible or there are any proceedings instituted against the Applicant before Statutory Authorities and/or Courts of Law; then complete information thereof shall be forthwith disclosed on behalf of the Applicant to SPPL. 5. I affirm that the offer made in RFI Cum RFP is unconditional & will be valid for atleast 180 days & thereafter may be extended for such periods as may be proposed by the Applicant and there upon accepted by SPPL. 6. I fully acknowledge the absolute rights of SPPL to Modify/Postpone/Cancel at any stage the process of RFI Cum RFP and to reject RFI Cum RFP of the Applicant without assigning any reason thereof and pledge not to challenge the decisions of SPPL on any account whatsoever before any Statutory Authority or Courts of Law. I agree to all the above covenants & submit the RFI Cum RFP on behalf of (Specify Name of Applicant s) for due consideration of their offer of entering into partnerships through JV/SPV for implementation of Affordable Housing s and/or Slum Rehabilitation s in MMR at (Specify Location of ). Yours faithfully, Date: Place: Signature of Authorised Signatory Name Designation Seal 19
ABBREVIATIONS SPPL RFI RFP GoM GoI INR JV SPV LLP OPC DU FSI LOI IOA IOD DP RP Shivshahi Punarvasan Prakalp Limited Request For Information Request For Proposal Government of Maharashtra Government of India Indian Rupee Joint Venture Special Purpose Vehicle Limited Liability Partnership One Person Company Dwelling Unit Floor Space Index Letter of Intent Intimation of Approval Intimation of Disapproval Development Plan Regional Plan 20
DISCLAIMER SPPL acknowledges that RFI Cum RFP may be restrictive to Applicants in terms of information sought or disclosures required to be made as it is not possible to consider all investment options or financial perspectives and/or business objectives of Applicants who may intend to respond to the RFI Cum RFP. The Applicants should conduct due diligence to check accuracy & correctness, adequacy & completeness, validity & reliability etc. of the Information/ Data and Statements/ Documents to be submitted alongwith this RFI Cum RFP. Information/Data and Statements/ Documents to be provided alongwith this RFI Cum RFP by the Applicant are on a wide range of parameters some of which may depend upon Interpretation of Statutes & Law and/or Codes & Standards etc. SPPL is thus not bound to accept any particular interpretation or specific opinion as may be annexed to RFI Cum RFP by Applicants. SPPL may, in its absolute discretion seek from Applicants any Supplementary Information/Data and/or Statements/Documents and also explanation about Assessments or Assumptions, etc made in this RFI Cum RFP. SPPL will not entertain claims relating to any costs associated with this RFI Cum RFP including preparation, copying, postage, delivery fees & other expenses associated with submission and/or presentations which may be required to be made to SPPL by the Applicants. SPPL will have no liabilities to any Applicant, under any Statutes or Rules and/or Regulations or Law of Torts, Principles of Restitution or Unjust Enrichment, etc. for any Losses or Damages and/or Cost or Expense which may arise from or be incurred or suffered on account of anything contained in the RFI Cum RFP. 21
SPPL will also have no liabilities of any nature whether resulting from negligence or otherwise howsoever caused or arising from reliance by the Applicant on contents of this RFI Cum RFP. SPPL will be under no obligation whatsoever to select any Land Owners/ Developers/ Builders interested in entering into partnerships through JV/SPV for implementation of Affordable Housing s and Slum Rehabilitation s in MMR. SPPL reserves its right to reject all or any of the submitted RFI Cum RFP without assigning any reasons thereof to the respective Applicants. 22