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हाउस ग
िं एण्ड अर्बन डेवऱऩमेंट कारऩोरे शन सऱ.
Housing and Urban Development Corporation Limited
क्षेत्रीय कायाबऱय, कोऱकाता / Regional Office, Kolkata
टे न्डर नोटट / Tender Notice
Commercial Complex, ‘SHOPOUT’ at 92, S.C. Mallick Road, Kolkata-700047, a
HUDCO Funded Property के मूलयािंकन के सऱए मूलयािंकक की ननयुक्तत/ Engagement of
Valuer for valuation of property of Commercial Complex, ‘SHOPOUT’ at 92, S.C.
Mallick Road, Kolkata-700047, a HUDCO Funded Property.
हडको ऺेत्रीय कायााऱय कोऱकाता, Commercial Complex, ‘SHOPOUT’ at 92, S.C. Mallick Road,
Kolkata-700047, a HUDCO Funded Property के बंधक संऩत्तत के मल
ू यांकन हे तु हडको के
ू यांकक को शाममऱ करने का इरादा रखता है / HUDCO Regional Office at Kolkata
ऩैनऱ वाऱे मल
intends to engage HUDCO empanelled valuer for valuation of property of Commercial
Complex, ‘SHOPOUT’ at 92, S.C. Mallick Road, Kolkata-700047, a HUDCO Funded Property .
इच्छुक हडको ऩैनऱ वाऱे मूलयांकक ननधााररत प्रारूऩ में ववततीय बोऱी प्रस्तुत कर सकता है / Interested
HUDCO empanelled valuer may submit a financial bid in stipulated format.
1) ऩररयोजना का नाम/Name of Project: Commercial Complex, ‘SHOPOUT’ at 92, S.C.
Mallick Road, Kolkata-700047, a HUDCO
Funded Property
2) उधारकताब एजें ी का नाम/ Name of Borrowing Agency: M/s.Rochita Towers and
Estates Pvt. Ltd. (erstwhile M/s. Evergreen
Properties Pvt. Ltd.)
5) ऩिं क्ततयों का वववरण क्जनके सऱए मल
ू यािंकन ककया जाना है / Details of Properties for
which valuation is to be made: The list of property to be valued is stated in
the enclosure.
6) ननववदा के आमिंत्रण की नतथथ/Date of invitation of tender: 19/10/2020
7) ननववदा प्रस्तत
ु करने की अिंनतम नतथथ/Last date of submission of tender: 20/11/2020
(1500 Hrs.)
8) ननववदा खोऱने की नतथथ/ Date of opening of tender: 20/11/2020 (1530 Hrs.)
चयन मानदं ड और ननववदा प्रस्तत
ु करने की ननयम एवं शतों के वववरण के मऱए , कृऩया हमारी
वेबसाइट www.hudco.org और www.eprocure.gov.in दे खें / For the details of selection
criteria and other term and conditions of submission of quotation, please refer to
our website www.hudco.org & www.eprocure.gov.in .
(ऺेत्रीय प्रमख
ु )/ (Regional Chief)
हडको, कोऱकाता/ HUDCO, Kolkata
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HUDCO: Kolkata Regional Office
Tender Notice
Sub.: Quotation invited for Engagement of Valuer for valuation of Property of
Project- Commercial Complex, ‘SHOPOUT’ at 92, S.C. Mallick Road, Kolkata-
700047, a HUDCO Funded Property
Date of Invitation of Tender: 19/10/2020; Tender Due at 3.00 PM on
20/11/2020 and opening at 3.30 PM on 20/11/2020
_____________________________________________________________
Housing and Urban Development Corporation Limited (HUDCO) is a fully owned
Government of India Enterprise, providing financial assistance to Housing and
Urban Infrastructure Schemes. HUDCO had provided financial assistance to
M/s.Rochita Towers and Estates Pvt. Ltd. (erstwhile M/s. Evergreen Properties Pvt.
Ltd.) for Construction of Commercial Complex “Shopout” at Baishnabghata, 92 Raja
S.C.Mallick Road, Kolkata – 700047. The property is mortgaged with HUDCO and
possession has been taken by HUDCO under SARFAESI Act.
HUDCO, Regional Office Kolkata proposes to have valuation of Commercial
Complex, ‘Shopout’ at Baishnabghata 92, Raja S.C.Mallik Road, Kolkata – 700047
(Scheme No. 19201) from two HUDCO empanelled valuers. Schedule of property is
given in Annexure – C.
Subject to fulfillment of the eligibility criteria as detailed under the Terms &
Conditions, it is requested to valuers/firms to submit quotations in sealed cover
addressed to Regional Chief, HUDCO Regional Office, Block DJ-11, Sector-II,
Karunamoyee, Salt Lake, Kolkata-700 091 so as to reach before 3.00 PM on
20.11.2020. The cover containing the quotation should be superscribed as
"QUOTATION FOR ENGAGEMENT OF VALUER (HUDCO empanelled) FOR
VALUATION OF PROPERTY ASSOCIATED WITH FUNDING BY HUDCO KOLKATA TO
M/s: Rochita Towers and Estates Pvt. Ltd. ”
It is requested to please also note the following terms and conditions applicable in
regard to submission of bid / quotation:
A. Terms & Conditions:
1. Valuer must have valid empanelment with any of the HUDCO Regional
Offices across the country / Corporate Office at New Delhi having registration
under the Wealth Tax Act. Valuer to submit copy of letter issued by HUDCO
regarding empanelment as a proof of empanelment with HUDCO. Valuer
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should have an office at Kolkata/West Bengal and should have
experience in conducting valuation of property situated in West
Bengal/Sikkim. For valuers empanelled with HUDCO Regional Office,
Kolkata, this detail will not be needed to be submitted.
2. Valuer before submitting bid should clearly understand HUDCO’s requirement
and in case any information / clarification is required regarding details of
approved Building Plans, etc, on the subject matter s/he may visit HUDCO
office during working days (Monday to Friday between 10.00 a.m. to 5.30 p.m.).
Financial Bid shall be submitted in stipulated format enclosed in Annexure-A along
with undertaking as per Annexure-B duly typed in letter head in the physical form
by post or deposited in the tender box available at reception in HUDCO Regional
Office with copies of necessary documents in a sealed envelope super scribing on
the top “"QUOTATION FOR ENGAGEMENT OF VALUER (HUDCO empanelled) FOR
VALUATION OF PROPERTY ASSOCIATED WITH FUNDING BY HUDCO KOLKATA TO
M/s: Rochita Towers and Estates Pvt. Ltd. ”, on or before the last date of
submission in the following address:
The Regional Chief,
Housing and Urban Development Corporation Limited,
‘HUDCO Bhavan’, Plot No.11, Block-DJ, Sector-II,
Karunamoyee, Salt Lake,
Kolkata – 700 091.
3. Bid in any other format will not be acceptable and may lead to rejection of the
bid.
4. The Financial Bid shall be given in absolute amount basis. The financial bids
submitted in the terms of percentage shall be rejected.
5. The Financial Bid submitted should be valid for 3 months.
6. The Financial bid shall include the cost of stationary, travel cost, manpower cost,
administrative cost, applicable taxes and other cost if any in totality. In any case
no additional charge would be paid over and above bid amount.
7. Financial bid without signature and seal of the office will be rejected without
notice.
8. 2 valuation reports are required from 2 valuers. Accordingly, HUDCO shall select
the valuers in the following manner:
The bidder quoting the least (L 1) shall be asked to carry out valuation and submit
report.
For the second valuation, the bidder quoting the second lowest financial bid (L-2)
shall be offered to undertake the job for submitting 2nd Valuation Report at the
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rate quoted by the lowest financial bidder (L1) and in case of refusal by the L-2
Valuer, the same offer shall be offered to the next higher bidder L-3 at the rate
quoted by the lowest financial bidder (L1), and so on, till the selection of second
Valuer is made who agrees to carry out valuation and submit report at rate
quoted by L-1.
If no bidder other than the L 1 is agreeable to take up the valuation work at the L 1
rate, fresh NIT shall be issued.
9. The valuer has to make his own arrangements for travel alongwith other logistic
support for site visit for valuation and finalizing the report.
10. The duration of the assignment will be valid for 15 days initially for valuation of
the property as mentioned in Annexure-C. This period may be extended by
HUDCO Regional Office in case of genuine reason for delay in valuation.
11. Bid received after due date of submission will be rejected.
12. The payment shall be made by RTGS on submission of Valuation Report to the
satisfaction of HUDCO with GST bill after deduction of applicable taxes after
submission of the valuation report & acceptance by HUDCO.
13. HUDCO shall have right to cancel the bid without assigning any reason.
14. Bid submitted through email and any other mode, except as above will be
rejected.
15. HUDCO shall make payment of GST bill after deduction of all applicable taxes.
16. HUDCO reserves the right to accept or reject any or all the EOI submitted
without assigning any reason.
17. HUDCO will not be responsible for any accident happening during undertaking
the valuation work by valuer.
18. Valuer will need to be present at HUDCO Regional Office, Kolkata in case of any
requirement.
19. The subject matter may be kept confidential.
20. The valuer shall not undertake the bid for valuation work of the subject
property if he possesses a direct or indirect interest. Certificate to this effect
may be submitted.
21. The valuer shall not undertake valuation in future for 2 years or has not
undertaken valuation in the recent past of the subject property for the party(s)
other than HUDCO. Undertaking to this effect may be submitted.
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22. Valuation work will be awarded as detailed in Item No.7, subject to
examination of all the bids and fulfillment of other terms & conditions.
23. The valuation report will be needed to be submitted within 15 days from the
date of work order by HUDCO.
24. In case of failure to submit the valuation report for whatever reasons, no
charges of any kind shall be paid under any circumstances.
25. The valuer has to acquaint himself about the nature/quantum of
work involved in locating / identifying the enclosed scheduled
property to be valued( details at Annexure C) before submission of the
quotation.
26. Superintendence Co. of India Ltd. and Bose Valuer(Ms. Pritha Bose) are not
eligible to participate in this Tender.
B. Scope of Work:
1. A valuer of immovable property shall have to make an unprejudiced and
factual valuation of immovable property.
2. The Valuer to note that he should not undertake valuation of the property, if
he has direct or indirect interest in the property.
3. A valuer shall have to:
Exhaustively and understandably carry out the valuation and give the
Valuation Report in a manner that will not be deceptive.
Present adequate information to allow those who read and trust on the report
to fully understand the data, reasoning, analysis and conclusion underlying the
valuer’s finding, opinions and conclusions.
Clearly identify and describe the property being valued and the rights
associated with the property to be valued.
Define the value being estimated and state the purpose of the valuation, the
effective valuation date and the date of the report.
Fully and exhaustively explain the valuation basis applied and the reasons for
their applications and conclusions.
Procure and analysis the government valuation of property alongwith verifying
the market value of nearby buildings / property and justifying his valuation
with cogent reasons both market value and realizable value.
State realistic and practicable assumptions and limiting conditions upon which
the valuation is based.
Avoid ambiguous, flimsy assumptions and limiting conditions.
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Furnish a signed professional certificate of objectivity, non-bias, professional
contribution and other relevant disclosures along with the Valuation Report.
4. The valuer shall have to furnish report of valuation in the prescribed form at
Annexure-D as early as possible within stipulated time frame.
5. The valuer will be needed to provide Market value, Distress Sale value and
Circle Rate value of the property in the valuation report and also state the
Project Name and Scheme No in the valuation report(details of which will be
provided to the valuer).
C. Arbitration:
Any dispute, incident or difference in opinion arising out of this proposed
valuation tender and subsequent valuation will need to be resolved as per the
Terms of Indian Arbitration & Conciliation Act, 1996 through the Sole
Arbitrator Appointed by Regional Chief, HUDCO, Kolkata Regional Office and
whose Award will be binding on HUDCO & the agency.
D. Jurisdiction:
Any court case arising out of this proposed empanelment Tender from the
empanelled valuers subsequently for the valuation work, Kolkata will be
subject to the jurisdiction of the courts located at Kolkata.
E. The valuer or his representative may participate in the bid opening.
Important Dates:
a. Date of invitation of tender : 19/10/2020(1300 Hrs.)
b. Last date of submission of tender : 20/11/2020 (1500 Hrs.)
c. Date of opening of tender : 20/11/2020 (1530 Hrs.)
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Annexure-A
FORMAT FOR FINANCIAL BID
Sub.: Engagement of valuer for valuation of properties associated with funding
by HUDCO KOLKATA to M/s: Rochita Towers and Estates Pvt. Ltd.
(01) Name of valuer / firm
Name and position of the key
(02)
contact person
(03) Contact address
(04) Telephone / Mobile Number
(05) Fax
(06) e-Mail ID
Empanelment with which Regional
(07) office of HUDCO (Please enclose
copy of the letter)
Name of the banker (Name of
(08)
bank, IFCI Code, Bank Code etc.)
(09) Bank Account Number
(10) PAN Number
(11) GST Registration No.
Address of office located at
(12)
Kolkata/West Bengal:
Details of Valuation work
(13)
undertaken at West Bengal/Sikkim
Financial Bid:
Bid amount (Shall be in lump-sum Rs._______________/- (Rupees
not in terms of percentage and __________________________ Only)
(12)
shall be inclusive of all cost
including taxes etc.)
Certificate:
(13) The above information is true to the best of my knowledge and belief and
my financial bid may be rejected at any point of time if anything found
wrong. I shall abide by the terms and condition of the HUDCO.
(Signature with name and office seal)
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Annexure-B
UNDERTAKING
1. This is to state that there is no direct or indirect interest in the subject
property to be valued.
2. Valuation of the referred property will not be undertaken in future for 2
years or has not been undertaken in the recent past for the party(s) other
than HUDCO.
(SIGNATURE)
STAMP OF VALUER
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Annexure-C
Sub: ENGAGEMENT OF VALUER (HUDCO empanelled) FOR VALUATION OF
PROPERTY ASSOCIATED WITH FUNDING BY HUDCO KOLKATA TO M/s:
Rochita Towers and Estates Pvt. Ltd. ”
_______________________________________________________________
-:: Schedule of Property ::-
All THAT piece and parcel of land measuring 30 Cottahs 7 Chittacks and
42.00 Sq.Ft. (32 Cottahs 1 Chittack 27 Sq.Ft. including gift to KMC of
1,155 Sq.Ft.) alongwith building structure constructed thereupon
situated and lying in Dag Nos.55, 56, 57 & 58 under Khatian No.298, J.L.
No.28, Touzi No.151 and in Dag No.60 under Khatian No.298/1, R.S.
No.11 & 38, Touzi No.56 & 151, J.L. No.28, Pargana – Khashpur, District &
DSRO – 24 Parganas (South) under Municipal Premises No.92, Raja
Subodh Chandra Mallick Road (formerly Premises No.92, 92A/1, 92A/2,
Raja Subodh Chandra Mallick Road) Ward No.100, Police Station –
Jadavpur, Mouza – Baisnabghata, Kolkata-700047 in
the State of West Bengal and butted and bounded as follows :
ON THE NORTH : Sudakshina Estate
ON THE EAST : Raja S.C.Mallick Road
ON THE SOUTH : Premises No.92A/1 & 2, Raja S.C.Mallick Road.
ON THE WEST : Sudakshina Estate
------
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Annexure-D
Housing and Urban Development Corporation Limited
Format of Valuation Report
Name of the applicant(s):
Address of the property to be
mortgaged(with details such as Survey
Number, Plot Number, Town Planning
Scheme Number etc.
Nearest Land Mark:
The above-mentioned property has thoroughly been inspected on ____________ and the
original sanctioned plan and other relevant documents required for valuation of the property
have been scrutinized
1.0 Situation & Location :
1.1 Distance from :-
Railway station
Local Bus station :
Market & shopping :
Central Business District:
School
(Attach separate annexure for details &
description)
1.2 Surrounding locality (LIG, MIG, HIG)
1.3 Other factors, if any which may
adversely affect the value of the
property (industry, slum, nallah etc.)
1.4 Has the locality safety from hazardous
influences such as encroachment
from unauthorized persons industry (Attach separate annexure for details &
nuisance that would create noise, description)
smoke, dust, pollution of air, water or
environment etc.
1.5 Immediate neighborhood of the
property (middle class, industrial, (Attach separate annexure for details &
commercial, slum, poor class) description)
1.6 Adequacy of infrastructure facilities a) Excellent
like civic, social and transportation b) Very good
amenities, electricity etc.) c) Good
d)Average
e) Poor
(Attach separate annexure for details &
description)
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2.0 Property Details:
2.1 Plot No.: Building or Flat No.:
2.2 Land area in sq.m.: Number of floors:
2.3 Tenure of the land (lease hold or free
hold)
2.4 If lease hold give premium, rent and
lease period
2.5 Built-up area & Carpet area in sq.m.
2.6 Number of rooms including kitchen: (Year of construction)
2.7 Specification and user of bldg (attach
annexure)
2.8 Nature of occupancy (Vacant, owner,
occupied rented, occupied by relative,
under construction etc.)
3.0 Sanction Particulars:
3.1 Have the competent authority
approved the plans?
3.2 Give the full details including the
name of the concern authority
3.3 If the plans are approved by Village
Panchayat give Collector’s approval
details
3.4 Have you verified original copy of
approved plans?
3.5 Is construction carried out as per
approved plan?
3.6 In case of the deviation, are the
changes approvable by local
authority? (attach completion
certificate)
4.0 Valuation:
4.1 Mentioned the approach used in
valuation of the subject property (for
justification attach annexure)
4.2 Is building in a good habitable
condition?
4.3 Is building structurally sound?
4.4 State estimated age and residual life Estimated Age………………….years
of the building to be valued Estimated Residual life……………..years
4.5 If Market Approach is used give the Sale instance of flat/land 1
sale instances adopted for Rs./sq.m
comparison. For description of sale Sale instance of flat/land 2
instances use separate annexure Rs./sq.m
Sale instance of flat/land 3
Rs./sq.m
4.6 Value of the property as per the
Market Approach
4.7 For cost approach
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4.8 Cost of construction in Rs/sq.m: Built up Area in square meter :
4.9 Total cost of construction in Rs.: Rate of depreciation in %
4.9.1 Total Depreciation in Rs.: Depreciation Replacement Cost in Rs.
4.9.2 Land rate as per the Market Approach
in Rs./sq.m.
4.9.3 Value of the property as per the Cost
Approach
4.9.4 For Income approach give rental Rental instance 1 Rs./sq.m per month
instances and also describe them in Rental instance 2 Rs./ sq.m per month
separate annexure Rental instance 3 Rs./sq.m per month
4.9.5 Rate of capitalization used in Capitalized rate in %
valuation justification in separate
annexure)
4.9.6 Gross annual income in Rs: Outgoings in Rs.
4.9.7 Net annual income in Rs.: Years Purchase:
4.9.8 Capitalized value of the property
5.0 Mention adverse characteristic and/or favorable features or any other information,
which has material effect on the value of the property:
The valuer of above-mentioned property as on _______________ is
Rs______________
Place: ___________
(Seal and Signature)
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Annexure-E
Scope of Work:
1. A valuer of immovable property shall have to make an unprejudiced and
factual valuation of immovable property.
2. The Valuer to note that he should not undertake valuation of the property,
if he has direct or indirect interest in the property.
3. A valuer shall have to:
Exhaustively and understandably carry out the valuation and give the
Valuation Report in a manner that will not be deceptive.
Present adequate information to allow those who read and trust on the report
to fully understand the data, reasoning, analysis and conclusion underlying the
valuer’s finding, opinions and conclusions.
Clearly identify and describe the property being valued and the rights
associated with the property to be valued.
Define the value being estimated and state the purpose of the valuation, the
effective valuation date and the date of the report.
Fully and exhaustively explain the valuation basis applied and the reasons for
their applications and conclusions.
Procure and analysis the government valuation of property alongwith verifying
the market value of nearby buildings / property and justifying his valuation
with cogent reasons both market value and realizable value.
The valuation report is to be objectively prepared based on relevant &
comparable sale/rental instances, authentic facts, appropriate justification &
valid arguments.
State realistic and practicable assumptions and limiting conditions upon which
the valuation is based.
Avoid ambiguous, flimsy assumptions and limiting conditions.
Furnish a signed professional certificate of objectivity, non-bias, professional
contribution and other relevant disclosures along with the Valuation Report.
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