A) ELIGIBILITY 

An individual/firm/trust/society or anybody corporate can apply. 

The applicant should be competent to contract.

B) PROCEDURE OF ALLOTMENT 

1) HOW TO APPLY 

Pick up the Brochure containing the application form for Rs. 500/- from the Office of the �Dy. CEO�, Greater Noida Industrial Development Authority or from any of the bank branches listed below. For getting the brochure by post, send a Demand Draft of Rs. 300/- made in favour of � Greater Noida Industrial Development Authority� to The Manager, Bank of Baroda Extension Counter, GNIDA office complex, Sector Gamma I, Dist. Gautam Budh Nagar, Pin-201 306 (U.P.) 

Brochures are available at these banks: 

            Noida: Bank of Baroda, Sector -29. and HDFC Bank, Sector 18, Noida

            Delhi: HDFC Bank, K.G.Marg, Connaught Place, New Delhi

            Greater Noida : Bankof Baroda, Sector-Gamma II, Greater Noida.   

The application form is also available on our website. Downloaded form complete in all respects, can be submitted along with a Demand Draft of Rs. 500/- as application fee. Applications received without the fee shall be liable to be rejected. 

Technical offer for the above mentioned Institute shall be duly superscribed on the sealed cover and shall contain complete Technical Offer and two bank drafts one of Rs.500/- (Five Hundred Only) towards a non-refundable and non adjustable processing fee and the other for registration amount of Rs. 10,000/- (Ten Thousand Only) for first acre of application and for subsequent one acre and part there off, an additional registration amount of Rs. 10,000/- each per acre shall be deposited along with the application. The technical offer shall be submitted to the Office of The Dy. CEO, Greater Noida Industrial Development Authority, 169, Chitvan Estate. Sector Gamma, Greater Noida City, Greater Noida, (U.P.) 

The technical offer should consist of the following documents/contents. 

i) Background of the promoters.

ii) Audited Accounts & Balance Sheet of last three years.

iii) Feasibility Report of the proposed institute.

iv) Three years projected cash flow of the institute depicting sources of inflows for the project.

v) Registration/Certificates of incorporation.

vi) Land required depicting the land use pattern and construction plan and schedule.

vii) Statement of sources of funds & liquidity certificate from any Nationalised Bank/schedule Bank.

viii) Any other information, if any. 

2)SCREENING 

The technical offers shall be scrutinised by a designated Screening Committee. The applicant, if it is felt necessary, will be invited for detailed discussion/ presentation of his/her/their project. The final decision of the Authority shall be intimated to the applicant within 15 days of receipt of complete information/documents. The decision of the Authority in this regard shall be final. The �Authority� shall have the right to acceptor reject any offer without assigning any reason. 

In case of applicants not appearing for presentation before the screening committee (when directed), registration shall be cancelled and the registration amount shall be forfeited in favour of the Authority without any further notice. 

C) I) PAYMENT PLAN (Other than Hospitals but including Nursing Homes): 

In the event of allotment, the applicant shall be required to pay the premium of the plot as per schedule below: 

(i) 10% of the total premium after adjusting registration money already paid within 30 days of issue of reservation letter as �Reservation Money�

(ii) Additional 20% of the total premium within 60 days of issue of allotment letter as� Allotment Money�.

(iii) Balance 70% amount is payable in: 

a) Three Year Payment Plan- 

70% of the premium in 12 equal quarterly installments with interest as applicable on the outstanding balance.  

OR 

b) Six Year Payment Plan- 

70% of the total premium in 12 equal half yearly installments with interest as applicable on the outstanding balance. 

The first such installment will fall due on the date calculated from the 61st day from the date of allotment. 

II) PAYMENT PLAN FOR HOSPITAL ONLY: 

(i) 20% of the total premium within 30 days of allotment as Allotment Money. 

(ii) Balance 80% of the total premium in 12 equal half yearly installments with interest as applicable on the outstanding balance. 

The first such installment will fall due on completion of one year from the date of allotment. 

1. Pre payment in whole or part is allowed. No rebate on interest shall be allowable in case of pre-payment. In case the allottee opts to pay the balance of the premium in a lumpsum, interest on the balance premium upto the date of deposit shall be chargeable. 

2. Extension for depositing reservation amount shall not ordinarily be allowed. In case of default, the allotment offer would be cancelled and the registration money will be forfeited. 

3. In case of default in deposit of any money due to the Authority the allottee / lessee would be required to pay an additional interest 5% above to applicable interest rate p.a. on defaulted amount for defaulted period. This defaulted amount will be compounded half yearly and would be payable along with additional interest of 5% above to applicable interest rate. 

In case of default, the Authority shall issue notice giving 15 days time to deposit/rectify the default. Not more than three such consecutive notices shall be issued. In the event of non-payment after three defaulter notices, cancellation process will be initiated. 

4. All payments should be made through demand draft drawn in favour of �Greater Noida Industrial Development Authority� and payable on any designated scheduled bank located in Delhi/New Delhi /Noida I Greater Noida with intimation to the Authority. 

5. The payment made by allottee /lessee shall first be adjusted towards the interest due, if any, and thereafter the balance shall be adjusted towards the installment due and the lease rent payable. 

NOTE:- For the purpose of this document the date of issue of allotment letter shall be reckoned as date of allotment. 

D) LOCATION CHARGES: 

Location charges shall be payable by the allotte�/Iessee @ 5% of the total premium before execution of lease deed in lumpsum, in case the allotted plot is located in any phase of Knowledge Park on the 45 mtr or above size roads, provided that the allotment is of size 15 acres or less than that. 

E) AS IS WHERE IS BASIS 

The plot will be allotted on �As is where is basis� on lease for a period of 90 years starting from the date of execution of lease deed. 

F) AREA

The area of plot allotted may slightly vary at the time of handing over of the possession. The premium of the plot will proportionately vary due to such variation. If such variation is within 10% limits, no change in location or surrender shall be allowed. However, if such variation is more than 10%, allottee shall have the option of getting allotment of same size of plot or surrendering the allotment and take back entire money deposited by him / her without any interest. 

G) LEASE RENT 

In addition to the premium of plot, lease rent shall be chargeable from the date of execution of lease deed @2.5% of the total premium p.a and shall be payable annually in advance. In case of default in payment of lease rent, an additional interest rate 5% above to applicable interest rate shall be charged on the defaulted amount for the defaulted period. The annual lease rent may be enhanced on expiry of every 10 years. 

The allottee shall have an option to pay a lumpsum amount equivalent to 11 times of the annual lease rent i.e.27.5% of total premium before the due date for execution of lease deed as a ONE TIME LEASE RENT. 

NOTE:- If the allottee chooses the option to pay annual lease rent at the time of execution of lease deed, he can subsequently exercise his option to pay one time lease rent indicated above. 

H) UNSUCCESSFUL APPLICANTS 

The Registration money of the unsuccessful applicants will be returned without interest with in one month of rejection of application. 

I) SURRENDER

The allottee can surrender the plot before cancellation to the lessor/CEO of the authority. 

(I) Upto 30 days from the date of issuance of reservation letter, 50% of registration money shall be deducted.

(ii) Beyond 30 days but before execution of lease deed 10% of the total premium or the amount deposited upto the date of surrender, whichever is the least, shall be forfeited. 

The balance if any shall be refunded without interest. 

(iii) No surrender shall be entertained after the execution of lease deed.

NOTE :- The date of surrender in above case shall be the date on which application is received at the Authority�s office. No subsequent claim on the basis of postal certificate will be entertained. 

J) EXECUTION OF LEASE DEED AND POSSESSION

The allottee can execute the lease deed and take over possession of the plot at any ti me after he has deposited 30% of the total premium of the plot (20% of the total premium of the plot in case of hospitals).

The date of execution of lease deed will be treated as the date of handing over of actual physical possession, notwithstanding any other claim. 

K) DOCUMENTATION CHARGES 

The 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 on transfer of immovable property levied, or any other duty or charge that may be levied by any Authority empowered in this behalf. 

L) CONSTRUCTION

1. The lessee/allottee shall construct the boundary wall as well as the building of the institution only after getting proper sanction of the building plan by the lessor in accordance with the prescribed architectural controls and relevant Building Regulations as well as any specific directions that may be issued by the Authority. 

2. A. The allottee / lessee shall commence the activity for which the land has been allotted to him / her in the shortest possible time. Keeping this end in view the Authority shall formulate a construction schedule in consultation with the allottee Ilessee that will be adhered to by the allottee/lessee. 

B. The lessee shall construct as per approved building plan and as per the construction schedule approved by the Authority. 

C. In the event of failure to do so, the first six months shall be allowed as a grace period without any penalty, for the next six months penalty shall be 1% of the total premium of plot, for the second year penalty shall be leviable ~ 1% per quarter for successive four quarters and thereafter 0.5% per month penalty shall be charged upto next three years. Thus total extension can be granted maximum upto five years with the penalty percentage mentioned above on the total premium of plot.

D. In case the applicant fails to commence the activity for which the land has been allotted, within the time period, or extended time period, decided for the purpose, the allotment/lease can be cancelled I determined. On such cancellation / determination, 20% of the premium will be forfeited, and the lessor shall resume possession of the plot, along with any structure thereon, with the allottee having no nghtto claim compensation thereof. The balance amount deposited shall be refunded without any interest. 

M) MAINTENANCE 

1. The allottee at his own expense will take permission for sewerage, electricity and water connections from the concerned departments of the Authority or from the competent authority in this regard. 

2. That the lessee will keep the demised premises and buildings 

i. At all times in a state of good and substantial repairs and in good sanitary condition tothe satisfaction of the Lessor.

ii. And the available facilities as well as the surroundings be neat and clean and in good healthy and safe condition to the convenience of the inhabitants of the place. 

3. That the lessee shall abide by all Regulations, Bye laws and Guidelines of the Authority framed/issued under section 8,9 and 10 or under any other provisions of the U.P. Industrial Area DevelopmentAct 1976 and rules made therein. 

4. In case of non compliance of these terms and conditions, and any directions of the Authority, the Authority shall have the right to impose such penalty as the CEO may considerjust and / or expedient. 

5. If the maintenance work of any area is not found satisfactory according to the Authority, then the required maintenance work will be carried out by the Authority and all the expenses incurred in carrying out such works will be borne by the allottee.

6. That the lessee shall not display or exhibit any posters, statues, other articles which are repugnant to the morals or are indecent or immoral.

7. The lessee shall also not display or exhibit any advertisement or placard in any part of the exterior wall of the building, except which shall be constructed over the demised premises or at a place specified for the purpose by the lessor. 

N) MORTGAGE

The allottee / lessee may, with the prior written consent of the lessor, mortgage the land to any Government recognised institution for raising loan for the purpose of funding the institution, and subject to such terms and conditions as may be decided by the lessor at the time of granting the permission.

Provided that in the event of sale or foreclosure of the mortgaged or charged property the lessor shall be entitled to claim and recover such percentage, as decided by the lessor, of the unearned increase in the value of said land as first charge, having priority over the said mortgage charge. The decision of the lessor in respect of the market value of the said land shall be final and binding on all the parties concerned.

Provided further that lessor shall have pre-emptive right to purchase the mortgaged or charged property after deducting such percentage as decided by the lessor of the unearned increase as aforesaid.

The lessor�s right to the recovery of the unearned increase and the pre-emptive right to purchase the property as mentioned herein before shall apply equally to involuntary sale or transfer, be it by or through execution of decree of insolvency court. 

0) TRANSFER OF PLOT

The allottee/lessee shall not be entitled to transfer the plot before or after the erection of the building, without prior written permission of the lessor. The permission may be given subject to the condition that the plot is transferred to a similar institution or purpose and subject to such terms and condition including payment of transfer charges as decided by the lessor at the time of granting permission. The decision of the lessor shall be final and binding. 

P) MISUSE, ADDITIONS, ALTERATIONS ETC. 

The allottee I lessee shall not, use the land for any purpose other than that for which it has been allotted / leased. The lessee I allottee shall not be entitled to divide the plot or amalgamate it with any other plot without the prior written permission of Chief Executive Officer or any officer of Authority, authorised by CEO. 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.

Q) LIABILITY TO PAY TAXES

The allottee / lessee will be liable to pay all rates, taxes, charges, user fee and assessment of every description imposed by any authority empowered in this behalf, in respect of the plot, whether such charges are imposed on the plot or on the building constructed thereon, from time to time.

R) OVERRIDING POWER OVER DORMANT PROPERTIES 

The lessor reserves the right to all mines, minerals, coals, washing golds, earth oils, quarries in or underthe plot 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 plot(s) or for the structure time being standing thereon provided always, 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 C.E.O. on the amount of such compensation will be final and binding on the applicant.

S) CANCELLATION

In addition to the other specific clauses relating to cancellation the Authority! Lessor as the case may be shall be free to exercise its rights of cancellation of lease/allotment in the case of: 

1. Allotment being obtained through misrepresentations/suppression of material facts. 

2. Any violation of directions issued or rules and regulations framed by the Pollution Control Board or by any other statutory body.

3. Default on the part of the applicant allottee / lessee for breach/violation of terms and conditions of registration allotment/lease and / or non deposit of reservation money.

In the event of cancellation, under sub-clause (1) above, the entire deposits till the date of cancellation shall be forfeited and possession of the plot will be resumed by the Authority / lessor with structure thereon, if any, and the ahlottee / lessee will have no right to claim compensation thereof

In the event of cancellation, under sub-clause (2)&(3) above, 20% of the total premium or the amount deposited upto the date of cancellation, whichever is the least, shall be forfeited and balance, if any, shall be refunded without any interest.

T) OTHER CLAUSES

T-1 The lessor reserves the right to make such decision/alterations/modification in the terms and conditions of registration / allotment / lease from time to time, as lessor may consider just or expedient.

T-2 In case of any clarification or interpretation regarding these terms and conditions the decision of the lessor shall be final and binding on the applicant allottee/lessee.

T-3 If due to any �force-majeure� or such circumstances beyond the Authority�s control, the Authority is unable to make allotment or the possession of allotted plot, entire registration money or the deposits, depending on stage of allotment will be refunded without interest.

T-4 The registration/allotment/lease will be governed by the provision of the U.P. Industrial Area Development Act 1976 (U.P. Act no. 6 of 1976) and rules and/or regulations made or directions issued, under this act. 

T-5 The authority will monitor the implementation of the project. Those applicants who do not have a firm commitment to implement the project within the time limits prescribed are advised not to avail the allotment. 

T-6 All arrears due to the lessor are recoverable as arrears of land revenue. 

T-7 Any dispute between the lessor and lessee/sub-leasee shall be subject to the territorial jurisdiction of the Civil Courts of Gautam Budh Nagar or the courts designated by the High Court.