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04012019-Sale Agra

Sales purchase agreemtn

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0% found this document useful (0 votes)
20 views23 pages

04012019-Sale Agra

Sales purchase agreemtn

Uploaded by

bab1235
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SBI INFRA MANAGEMENT SOLUTIONS PVT.LTD.

CIRCLE OFFICE

State Bank of India, Local Head Office , 5th Floor, D – Wing


11, Parliament street, New Delhi –110 001
Phone: 011-23407366

INVITES TENDERS ON BEHALF OF

STATE BANK OF INDIA


FOR SALE OF BANK'S PROPERTY AT 8/143, BHAIRON BAZAR,BELANGANJ,

AGRA-282004, UTTAR PRADESH ON “AS IS WHERE IS BASIS”

THROUGH E-FORWARD AUCTION

Last date for submission of Tenders: 3:00PM (IST) on 28/01/2019.

Opening of Tenders: 3:30 PM (IST) on 28/01/2019.

Tenders to be submitted to:-

Vice President & Circle Head, SBI Infra Management Solutions Pvt. Ltd.,
Circle Office, State Bank of India, Local Head Office ,
5th Floor, D - Wing , 11, Parliament street,
New Delhi –110 001

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Bidder’s Signature
SALE OF BANK’S PROPERTY THROUGH E-FORWARD AUCTION

1. NOTICE INVITING TENDER

SBI Infra Management Solutions Pvt. Ltd. (SBIIMS), Circle Office, Delhi, on behalf of State
Bank of India, LHO, Delhi, invites application from bidders satisfying the prescribed eligibility
criteria for the sale of the property owned and possessed by State Bank of India on “as is
where is basis and whatever there is basis” and as per the terms and conditions
mentioned herein.

COMMERCIAL PROPERTY AT AGRA


Newspaper Advertisement date 05.01.2019
Property Name/ Location Located at Plot No. 8/143, Bhairon Bazar,
Belanganj, Agra, Pin code- 282004, Uttar Pradesh
Extent of land, Survey No. & Doc No 401.00 Sq.m. approx. (Plot Area)
Existing Property use Vacant (Commercial Property)
Status of tenure Free hold
Reserve price Rs. 2.69 Crores
Tender Processing Fee (non- Rs. 5,000.00 in the form of DD favouring ‘‘SBI Infra
refundable) Management Solutions Pvt Ltd’’ payable at
DELHI.

EMD Rs. 2.69 Lacs (Rupees Two lacs sixty nine


thousands only) in the form of DD favouring ‘SBI
Infra Management Solutions Pvt Ltd’ payable at
DELHI.

Date for inspection of the property 07.01.2019 to 25.01.2019 (During office hours)
Contact Person: Mr. Shwetabh Bhushan, Branch
Manager, G-685, Kamla Nagar Branch, Agra
(Mob: 9650922355)
OR
Mr. Virender Bhardwaj , Chief Manager (CM &CS)
(Mob: 9871880918)

Date & Venue for inspection of title of 08.01.2019 to 25.01.2019 (During office hours)
the property Contact Person : Mr. Sanjay Gulati – 9810089298
OR Mr. Varun Pandey : (Mob:- 9650241122) Phone :
011-23407366
Circle office, , SBI Infra Management Solutions Pvt Ltd State
Bank of India, Local Head Office , 5th Floor, D
Wing11,Parliament Street , New Delhi –110 001
Date Of Pre Bid Meeting 16.01.2019 at 12:00 PM at
Kamla Nagar Branch, Agra

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Bidder’s Signature
Last date for receipt of sealed cover 28.01.2019 up to 3.00PM
containing bid documents, supporting
documents, Tender Processing Fee,
EMD and KYC documents
Date and venue for opening of bids 28.01.2019 at 3.30PM in the office of Vice
President & Circle Head, SBI Infra Management
Solutions Pvt. Ltd., Circle Office, State Bank of India,
Local Head Office , 5th Floor, D - Wing , 11, Parliament
street, New Delhi –110 001
Date of E- forward auction 01.02.2019 from 11:00AM to 01:00PM, for the
eligible bidders for price bidding purpose
Boundaries North – Plot no 8/144
South – Plot no 8/144
East – Other property
West – Road

Note: * Areas mentioned above are as per the documents only and the bidder should satisfy
themselves by calculating the area from the dimensions available at the site of the property.

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Bidder’s Signature
2. GENERAL INSTRUCTIONS

i) Please read these instructions carefully before filling up the application form.

ii) Conditional Tenders are liable to be rejected. Please note the applications received will be
duly evaluated based on the details/ supporting documents furnished by the applicants. It
is the sole responsibility of the applicants to submit the desired documents. Applications
without supporting documents/ incomplete applications are liable to be rejected. Decision
of the SBI/SBIIMSPL regarding short listing of eligible bidders for online bidding will be
final and binding. Application found with false and/ or incomplete information at any stage
is liable for rejection.

iii) If the space in proforma is insufficient for furnishing full details, such information may be
supplemented on separate sheet stating therein the part of proforma and serial number.
Separate sheets may be used for each part of the application.

iv) Please note that offers from brokers will not be entertained . No conditional bids will be
accepted. Duly completed applications in the prescribed format with required documents
etc should be submitted to the office of the undersigned.

v) This document is neither an agreement nor an offer, but only an invitation for offer by State
Bank of India (SBI)/ SBIIMSPL. This bid document does not claim to contain all the
information, which each Bidder may require. Each Bidder should, at his own costs without
any right to claim reimbursement, conduct his own investigations, analysis and should
check the accuracy, reliability and completeness of the information in this document and
wherever felt necessary obtain independent advice. SBI/ SBIIMSPL makes no
representation or warranty and shall incur no liability under any law, statute, rules or
regulations as to the accuracy, reliability or completeness of this document. The
information contained in this document is selective and is subject to update, expansion,
revision and amendment. SBI/ SBIIMSPL does not undertake to provide any Bidder with
access to any additional information or to update the information in this document or to
correct any inaccuracies if any therein, which may become apparent. SBI/ SBIIMSPL
reserves the right of discretion to change, modify, add to or alter any or all of the
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Bidder’s Signature
provisions of this document and/or the bidding process, and to reject any or all the
applications without assigning any reasons whatsoever. Amendment/ Corrigendum in this
regard (if any) will be published only in the Bank’s website www.sbi.co.in under
“Procurement News”.
vi) Any information contained in this document will be superseded by any subsquent written
information on the same subject made available/accessible to Bidder(s) by SBI/
SBIIMSPL. All the bidders are advised to see amendments to the bid document, if any,
before submission of the bid. Any further Addenda/ Corrigenda/ Extension of Dates/
Clarifications/ Responses to bidders’ queries in respect of the above tender shall be
posted only in Bank’s website https://www.sbi.co.in under important Links→”Procurement
News” and bidders need to download and submit the same with the bid. In case the
bidder does not submit the amended Addenda/ Corrigenda/ Extension of Dates/
Clarifications/ Responses to bidders’ queries etc., it will be presumed that the bidder has
seen the amendments / Addenda/ Corrigenda/ Extension of Dates/ Clarifications/
Responses to bidders’ queries etc. and bid would be evaluated accordingly. The decision
of the Bank/SBIIMSPL in this regard will be final.
vii) Some of the Information provided in this document may depend upon interpretation of law.
The information given is not intended to be an exhaustive account of statutory
requirements and should not be regarded as a complete or authoritative statement of law.
Further, SBI/ SBIIMSPL does not accept liability of any nature whether resulting from
negligence or otherwise howsoever caused arising from reliance of any Bidder upon the
statements contained in this document.
viii) While this document has been prepared in good faith, neither SBI/ SBIIMSPL nor its
employees, officers, directors make any representation or warranty, express or implied, or
accept any responsibility or liability, whatsoever, in respect of any statements or
omissions herein, or the accuracy, completeness or reliability of information, and shall
incur no liability, under any law, statute, rules or regulations as to the accuracy, reliability
or completeness of this document, even if any loss or damage is caused by any act or
omission on the part of SBI/ SBIIMSPL or its employees, whether negligent or otherwise.
This document has not been filed, registered or approved by any regulatory or judicial
authority. Recipients of this document, resident in jurisdictions outside India as well as
those residents in India should inform themselves of and observe any applicable legal

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Bidder’s Signature
requirements and SBI/ SBIIMS and its representatives will not be responsible for
compliance with the same. SBI/ SBIIMS will not entertain any claim for expenses in
relation or pertaining to the preparation and submission of Bids and as such no financial
obligation / liability would accrue to the Bank on such eventualities.
ix) The tender for the sale of the properties contain two parts, viz., Pre-qualification bid and
Price bid.
a) Pre-qualification Bid:- Pre-qualification bid forms can be downloaded from Bank's
website https://www.sbi.co.in under “Important Links→ Procurement News”. Sealed envelope
superscribing “Tender for Sale Of Bank's Property at 8/143, Bhairon Bazar, Belanganj,
Agra, Uttar Pradesh – Pre-qualification Bid” and containing the duly filled in Pre-
qualification bid, KYC and other documents supporting desired eligibility criteria (PAN,
AADHAAR, Address proof, GST Registration, Digital Signature, Constitution of the firm/ Co.,
audited balance sheets, networth certificates, income tax returns/ assessment orders/
clearance
certificates, etc), duly filled Annexures ‘I to III’ , DDs towards tender fee (Rs.5000/-) &
EMD (Rs. 2,69,000/-) should be submitted to Vice President & Circle Head, SBI Infra
Management Solutions Pvt. Ltd., Circle Office, State Bank of India, Local Head Office , 5th
Floor, D - Wing , 11, Parliament street, New Delhi –110 001, on or before 3.00PM on
28.01.2019. The details of the person/entity submitting the document i.e. Name, Address
and Phone/ Mobile Number and E-mail ID of the Bidder should be mentioned in the lower
left corner of the main envelope.
Pre-qualification bids so received will be opened on 28.01.2019 at 3.30 PM at the
aforesaid office and thereafter, the same will be evaluated based on the prescribed
eligibility criteria. The eligible applicants will then be informed regarding their eligibility for
participating in online bidding. Please note that the applications received are evaluated
based on the details/ supporting documents furnished by the applicants. It is the sole
responsibility of the applicants to submit the desired documents. Though the
Bank/SBIIMSPL may at its sole discretion allow the Bidder, at the time of opening the
Pre-qualification bids to rectify minor mistakes (if any). However, applications without
supporting documents/ incomplete applications are liable to be rejected.

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Bidder’s Signature
b) Price Bid :- Online bidding will be carried out by e- forward auction and arrangements will
be made through M/s. e-Procurement Technologies Ltd, who is the authorized service
provider for the same, at Bank’s web portal https://etender.sbi, on 28.01.2019 from 11:00AM to
1:00 PM. The eligible bidders shall be briefed by our service provider, for taking part in the e-
auction. Internet connectivity and other paraphernalia requirements shall have to be ensured by
the bidders themselves and failing which, neither the Bank/ SBIIMSPL nor the authorized service
provider will be responsible for any consequence.
c) Other requirements for participating in e-auction
 Valid digital Signature – Bidders may approach e-auctioneers or any other
authorised agency to obtain digital signature.
 Login ID and Password – Will be sent to the e-mail ID of the eligible bidders by e-
auctioneers prior to e-auction.
 Bidders should login and bid during the auction hours on the date of e-auction as per
auction rules.
 Tender not accompanied with Tender Processing Fee/ EMD will be rejected outright.

x) If a holiday is declared on the dates mentioned above, the bids shall be received / opened
on the next working day at the same time specified above and at the same venue unless
communicated otherwise.
xi) All pages of the bid document to be signed by the bidder.
xii) For any clarifications regarding details of the property, submission of Pre-qualification bid,
e-auction procedure etc., and the prospective bidders may contact Sri. Sanjay Gulati,
AVP (Civil Engg.), SBIIMS (Mob: 9810089298), e-mail: headdel. [email protected]).

Vice President & Circle Head

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Bidder’s Signature
3. ELIGIBILITY CONDITIONS

The bidder should:-


I) Be any person, sole proprietorship firm, registered trust, partnership firm, registered co –
operative society, State Government, Central Government, Public Sector Undertakings, Public
Financial Institutions, Non-Banking Financial Companies, Public Sector Banks, Private Sector
Banks, Public Companies, Private Companies, Statutory Corporation formed and registered
under any Statute/enactment/legislation/ partnership firm registered in India and not be a
consortium of bidders.
II) Not be represented through any broker or agent.
III) Be legally competent to enter into contract as per prevailing laws.
IV) Submit email id and digital signature for participating in e – auction

Submit the requisite Tender Processing Fee, EMD, KYC Documents and duly filled in and
signed bid documents along with its supporting documents in a sealed envelope superscribing
“Tender for Sale of Bank's Property at 8/143, Bhairon Bazar, Belanganj, Agra, Uttar Pradesh ”, to
Vice President & Circle Head, SBI Infra Management Solutions Pvt. Ltd. , Circle Office, State
Bank of India, Local Head Office , 5th Floor, D - Wing , 11, Parliament street, New Delhi –110 001 on
or before the due date and time specified for submission of tender.

The bidders who are satisfying the eligibility criteria will only be permitted to participate in the
e – auction.

4. Title Deed of land

The title deed of the property is clear and marketable as per the report of the Bank’s panel
advocate. To the best knowledge and information of the Bank, there is no encumbrance on
the property affecting the title of the Bank. However, intending bidders should inspect the
property and make their own due diligence / independent enquiries regarding the
encumbrances, title of the property put on auction and claims/ rights/ dues affecting the
properties, prior to submitting their bids. The property will be sold on “As is where is and
whatever there is basis” only.

5. Inspection

The bidders will be allowed to inspect the property and verify other related documents on
stipulated date or dates in the presence of officials of the Bank/ SBIIMSPL to enable them to
do their due diligence and familiarize themselves with other details of the property. The Bidder
shall thoroughly satisfy themselves of the nature, conditions and extent of the Property and its
physical condition, title to the Property etc. The Bank gives no guarantee or warranty as to the
physical condition, nature and suitability of the Property for any specific purpose or use. It
should be clearly understood that no claim/ complaint about the title/physical condition/nature
/ lie and suitability of the property for any use will be entertained by SBI/ SBIIMSPL. Bank will
8|Page
Bidder’s Signature
not pay the Bidder any expenses, which may have been incurred for inspection of the
Property or for preparation of the Bids for submission, etc.
6. Earnest Money Deposit:

Bidder should deposit Earnest Money Deposit (EMD) amounting to Rs. 2.69 lakhs by means
of a bank draft / Pay order issued by Scheduled Bank in favour of “SBI Infra Management
Solutions Pvt Ltd” payable at Delhi. EMD shall be submitted along with the bid documents &
KYC Documents on or before the scheduled date and time specified for receipt of tender.
EMD shall be forfeited, without prejudice to the rights of the Bank/ SBIIMSPL to claim such
further damages in this regard without further reference to the Bidder,
a) If any bidder whose offer / bid is accepted, defaults in making the balance payment in
terms of the conditions of sale including failure to complete other sales formalities
within the stipulated time frame. OR
b) If the bidder withdraws his Bid during the Bid Validity Period. OR
c) If the Bidder makes any statement or encloses any document(s) which turns out to be
false, incorrect and/or misleading or conceals or suppress any information, at any time
prior to or after declaring the Successful Bidder.
If, however, the sale is completed within the specified time limit, the EMD shall be adjusted
towards the final sale price. In case of unsuccessful bidders, earnest money would be
returned within 30 days of the opening of the bid. No interest will be paid on the EMD.

7. PAYMENT SCHEDULE:

7.1 Payment Schedule will be as follows:-

(i) Tender Processing Fee : Rs 5000/- (in the form of DD favoring “SBI Infra
Management Solutions Pvt Ltd” payable at Delhi and to be submitted along with Pre-
qualification bid, tender fee is non-refundable)
(ii) EMD : Rs 2.69 lakhs (in the form of DD favoring “SBI Infra Management Solutions
Pvt Ltd” and to be submitted along with Pre-qualification bid)
(iii) 25% of bid value: within 7 days from the date of acceptance of e-auction bid value by
SBI/ SBIIMSPL
(iv) Remaining 75% of bid value (including EMD) : within 30 days from the date of
acceptance of e-auction bid value by SBI/ SBIIMSPL

All the payments other than Tender Processing Fee and EMD, may be made in favour of SBI
in the form of NEFT/RTGS or as DD favouring “State Bank of India” payable at Delhi. The
EMD received from the successful Bidder shall be adjusted against the final amount payable
by such Bidder towards the Property. All the Payments have to be made strictly as per above
schedule.

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Bidder’s Signature
7.2 DEFAULT IN PAYMENT OF SALE VALUE: In case of the successful bidder could not
deposit the balance 75% of the sales price, within the stipulated period given to him/her, then on their
request, the extension of time may be given at the sole discretion of the Bank/SBIIMSPL and the Bank
will charge interest @ SBI Prime Lending rate (PLR) on the balance amount. Maximum extension for
depositing the balance 75% amount will however, be limited to only one month. If the bidder fails to
deposit the balance amount within specified interest within such extended period of one month, then in
such an event the contract shall be automatically terminated and the EMD/security deposit/payment
made by the bidder lying in any form with SBI/ SBIIMSPL shall automatically stand forfeited, without
prejudice to the right of SBI/ SBIIMSPL to dispose off the property and the Bank/ SBIIMSPL may
proceed to cancel the transaction.

7.3 Intimation of acceptance would be conveyed to the purchaser by e-mail and by


Registered Post/ Speed Post at the notified address. Upon receipt of the same the purchaser
is required to make payment as per the above schedule.

8. Procedures for selecting successful bidder

The Pre-qualification bid submitted by the bidders will be evaluated by a committee and
bidders fulfilling the eligibility criteria are required to participate in the e-auction to be
conducted by the SBIIMSPL. State Bank of India/ SBIIMSPL reserves the right to reject any or
all application(s) without assigning any reason thereof and their decision will be final and
binding on the bidders.

All short listed eligible bidders are required to keep their offer valid for acceptance by State
Bank of India/ SBIIMSPL for a period of 90 days from the date of e-forward auction. If any
bidder withdraws his offer within the above period of 90 days, EMD paid by him shall be
forfeited. Bank holds the rights to reject a Bid valid for a period shorter than the Bid Validity
Period (90 days) as non-responsive, without any correspondence. Any decision taken by
SBI/SBIIMSPL in this regard shall be final, conclusive and binding on the Bidders and shall
not be questioned / challenged by the Bidders. In exceptional circumstances, SBIIMSPL/
Bank may solicit the Bidder’s consent to an extension of the Bid Validity Period. The request
and the response thereto, shall be made in writing. Extension of Bid Validity Period by the
Bidder should be unconditional and irrevocable.

The amount to be quoted by the bidder in the e-forward auction shall be more than the
reserve price shown in this document. The eligible bidder who quotes the highest price in
the e-auction will be selected as the successful bidder, subject to the terms and conditions
and acceptance of SBI/ SBIIMSPL/ Committee. In the event two or more Bids are received as
the highest bid amount for the property (with the same amount), the concerned bidders would
be invited for inter-se bidding and the bidder who offers the highest bid post inter-se bidding
would be declared as the Successful Bidder.

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Bidder’s Signature e
The Highest (H-1) bid received in the e- forward auction will be under subject to approval by
the Bank and it will not be binding on the Bank to sell the Property to the H-1 bidder. The right
of acceptance & rejection of the H-1 bid lies entirely with the Bank, and only after approval of
H-1 bid by the Bank, communication of which will be given by Bank and an Acceptance Letter
will be issued to the successful bidder by SBIIMSPL/ Bank.

9. Sale Procedure:

9.1 Bidders can opt to bid for the property in full. Sale of part of any property will not be made.

9.2 Sale will be conducted on the basis of the highest bid price provided that such tendered
rate / amount quoted by the bidder are found reasonable and acceptable by the SBIIMS/
Bank.

9.3 Sale will be confirmed in the name of the Successful bidder only. No nominee(s) of the
bidder shall be entertained.

9.4 It shall be the responsibility of the Successful Bidder to get the Property registered
in its name in records of the concerned authorities, obtaining NOC from Agra
Municipal Corporation, required for registration of the Property from Collector Office
/Society/ Appropriate Authority shall be the responsibility of the Successful Bidder.
The amount of consideration required to be paid for obtaining the NOC from the Agra
Municipal Corporation shall be borne by the Successful Bidder.

9.5. All rates, taxes, charges, fees, assessment and other levies, cost of registration, stamp
duty, etc. of whatsoever nature shall be paid by the successful bidder to the concerned
authority/ body.

9.6 The land will be sold on “As is where is and whatever there is basis” only.

9.7 Successful bidders Inability to conclude the Transaction: In the event successful
bidder is an individual person and is unable to complete the sale of the said property as per
the terms of the E- forward auction, for any such reason as the death of the person, it shall be
the responsibility of his /her legal heir/ assignees (successor) to adhere to the terms of e-
forward auction and complete the sale process in accordance to the e- forward auction terms.
In case the successor of the successful bidder decides to pull out of the transaction, for
whatever reason, the EMD and all other further payments made by the bidder (if any) will be
forfeited.

9.8 FORCE MAJURE: SBI/ SBIIMSPL shall not be liable for any failure or delay in
performance due to any cause beyond their control, including fire, floods, strikes, go-slow,
lockout, closure, dispute with staff, dislocation of normal working conditions, war, riots,
11 | P a g
Bidder’s Signature e
epidemics, political upheavals, government actions, civil commotion, breakdown of
machinery, shortage of labour, or any other cause or conditions beyond the control of
aforesaid causes or not and the existence of such cause or consequence may operate at the
sole discretion of SBI/ SBIIMSPL to extend the time of performance on the part of SBI/
SBIIMSPL by such period as may be necessary to enable SBI/ SBIIMSPL to effect
performance after the cause of delays will have ceased to exist. The provisions aforesaid
shall not be limited or abrogated by any other terms of the contract whether printed or written

10. SALE DEED

10.1 Execution of Sale Deed (With SBI)

(i) The Bank would endeavor to execute the sale deed in favour of the successful bidder
within 60 days of the receipt of the full amount of the bid at the cost and expenses of the
bidder. The contract shall be valid upto the date of registration of the property in favour of the
successful buyer.

(ii) The sale deed would be executed with the buyer by SBI specifying therein all the terms
and conditions related to the sale of the property. The Sale/ Conveyance Deed shall be
executed with the buyer and the documents would be duly registered and the possession of
the property purchased and the title thereof shall be transferred to the buyer only on receipt of
full payment. No other mode of conveyance including request for power of attorney will be
entertained by the Bank/SBIIMSPL.

(ii) Sale deed will be subject to jurisdiction of the court where the property is situated.

(iv) All the outgoing like property tax, electricity /water charges/ maintenance charges, etc.
and other expenses will be borne by Bidder from the date of execution of the sale deed. Any
dues pertaining to the Property prior to the said date of possession will be borne by SBI. The
Transfer Fees/registration fee or transfer premium and any other charges or contributions or
outgo and all other expenses whatsoever it may be and whatever name it is called and which
is demanded by and/or payable to society or to any entity/ authorities, person etc. whosoever
for transfer of the property would be borne and paid by Successful Bidder. All expenses of
conveyance, legal charges, stamp duty & registration fees (as applicable), any taxes, Service
tax, GST, charges, fees, society transfer fees (if any), assessment and other levies, cost of
registration etc., of whatsoever nature shall have to be paid by the Bidder to the concerned
authority/body.

(v) Possession of the property will be given to the purchaser only on execution and
registration of the sale deed.

(vi) After the full payment of sales consideration by the successful buyer, all the approvals
12 | P a g
Bidder’s Signature e
consents, licences, permissions required for effectively transferring the property to the buyer
shall be responsibility of the buyer only, provided however, SBI shall be responsible to provide
all the relevant internal approvals/ permissions/ consents on which SBI has control and
necessary authority to successful bidder. SBI shall provide all assistance in executing such
documents so required by the buyer for transfer of the property in his favour under terms and
conditions of e-forward auction.

(vii) Conveyance of the property through a registered sale deed will be made on the
name(s) of successful bidder only at the cost and expenses of the successful bidder after
payment of the full sale value and any other dues and no additions/ deletion of names of the
bidder shall be permitted at any later stage and names of the bidder submitted at the time of
registration as a buyer in the Tender Document shall only be considered for this purpose.

(vii) SBI shall execute sale deed(s) in favour of the successful bidder, provided however,
execution costs and formalities including proper documentation and registration shall be sole
responsibility of the successful bidder and all the expenses including stamp duty implications
or other taxes, duties, cess, charges or imposts in relation thereto, including legal expenses
shall be borne by the successful bidder. The sale deed shall be executed on the receipt if
entire sale consideration and subject to compliance of all terms and conditions of e-auction by
the buyer. The successful buyer will on his cost arrange to get the property transfer in his
name after the payment of sale consideration. SBI would endeavor on a best effort basis to
complete the documentation and conveyance in respect of the relevant property in favour of
the successful bidder/buyer after the payment of sale consideration and fulfilment of all other
formalities by the owner.

11. COMPLIANCE WITH STATUTORY REGULATIONS

11.1 Purchaser shall comply with all statutory provisions, rules and regulations, bye-laws etc
in all respects, including payment of all fees, taxes in accordance with the provisions of:

(i) Any central or State enactment, ordinance or other statute, or any regulation or bye –
law of any local or other duly constituted authority.

(ii) The rules and regulations of all Public bodies and Companies whose property or rights
are affected or may be affected in any way.

13. RIGHT TO REJECT OFFERS

State Bank of India/ SBIIMSPL reserves the right to accept or reject any or all
applications/bids without assigning any reason.

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14. HANDING OVER OF POSSESSION OF PROPERTY
The Bank would hand over possession of the subject property to the successful bidder after
receipt of full consideration amount & completion of registration formalities.

15. PROVISION FOR SETTLEMENT OF DISPUTES

In case of any dispute arising in the transaction, such disputes or difference shall be referred
to SBI, LHO, New Delhi. The Bank or its authorized representative is empowered to
adjudicate and decide all such disputes. The decision of the Bank (SBI) decision shall be
final, conclusive and binding on all parties.

16. NON DISCLOSURE CLAUSE: The bidder will maintain the confidentiality of e-forward
auction documents and all other information related to the bidding process and shall not use
them for any purpose other than evaluation of the property for perspective of the bidding
process. Bidders shall also refrain from reproducing/ forwarding or dissemination of any
document or information on bidding process to any other person except its legal and financial
advisors.

17. ARBITRATION: In the event of any dispute arising between the parties hereto under this
Agreement, both parties agree that such disputes/ differences shall be referred to the decision
of a sole arbitrator, appointed by the Bank/ SBIIMSPL for adjudication who shall follow the
procedure as specified in the Arbitration and conciliation Act, 1996 and the decision of the
said arbitrator shall be final and binding, subject to the jurisdiction of City Civil Courts New
Delhi for filling of any petition from such arbitration proceeding including petition under
Section-34 of Arbitration and Conciliation Act for setting aside of the award. The venue of
arbitration shall be New Delhi, the language English and the costs expenses of such
arbitration shall be borne equally by the parties hereto.

18. MISREPRESENTATION/ FRAUD / BREACH OF TERMS AND CONDITIONS

If it is discovered that the bidder/ purchaser has indulged in any of the following such as

(a) Suppressed material facts,


(b) Made false statements/ misrepresentation,
(c) Indulged in fraud/ breach of conditions etc, then such bidder would be disqualified and
completed transaction, if any, is also liable to be cancelled. In such an event, the bidder/
purchaser will not be entitled to any compensation or refund of any earnest money or any
other amount paid.

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19. ACCEPTANCE OF THE OFFER

a) Only the pre-qualified bidders shall be allowed to participate in the e-auction to be conducted for
price bidding.

b) The decision of the Bank/SBIIMS in this matter shall be final.

c) The Bank/ SBIIMS reserves the right to reject any bid, including that from the highest
bidder without adducing any reason for rejection of the bid.

d) After approval of the acceptance of bid by the Bank/ SBIIMS, the bidder shall be informed
of the same in writing, asking the successful bidder to deposit the required amount.

e) The Bank would return the EMD received from the unsuccessful bidders within 30 days of
the date of e-auction. The EMD of the unsuccessful bidders shall be returned without any
interest on the same.

20. AMENDMENT OF BID DOCUMENTS

The Bank has the right to modify the bid document, if found necessary. Such modifications
would be advised to all the bidders by e-mail address given in the application or by posting
the same in Bank’s website https://www.sbi.co.in and the same shall be binding on all parties.

21. E – Forward Auction

The Bank will conduct the price bidding through E- forward auction and arrangements
will be made through M/s e-Procurement Technologies Ltd, who will be the authorized
service provider for the same, at Bank’s web portal https://etender.sbi. E-auction tender
documents containing online e-auction bid form, declaration, terms and conditions of online
auction sale will be made available in the said web portal prior to e-auction. Computerized E-
Auction among the bidders, who have fulfilled the eligibility criteria to the entire satisfaction of
the Committee, shall be conducted by SBIIMS through the service provider on pre-specified
date, while the bidders shall be quoting from their offices/ place of their choice. The eligible
bidders, if so required shall be trained by our service provider, for taking part in the e-auction.
Internet connectivity and other paraphernalia requirements shall have to be ensured by the
bidders themselves. In the event of failure of their Internet connectivity, (due to any reason
whatsoever it may be) it is the bidder’s responsibility. It is to be noted that neither the Bank/
SBIIMS nor the authorized service provider are responsible for any unforeseen eventualities.

22. NOTE

a. Canvassing in any form would be a disqualification


b. Any conditional offer is not acceptable to the Bank/SBIIMSPL and is liable to be rejected.
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c. Any offer must be made by filling in the specified bid forms which must be completed in all
respects and all the documents required must be enclosed. Incomplete offers are liable to be
rejected.

d. Intending bidders are advised to go through the terms and conditions carefully and satisfy
themselves about the extent of land, title of the property and any other documents related to
the property before submitting their bids.

e. The Bid shall be typed or written in indelible ink and the Bidder shall put his signature on
each page. All the alterations, omissions, additions, or any other amendments made to the
Bid shall be initialled by the person(s) signing the Bid.

f. The bid envelope shall be superscribed as “Tender for Sale Of Bank's Property at Plot
No. 8/143, Bhairon Bazar, Belanganj, Agra-282004, Uttar Pradesh – Pre-qualification
Bid”, and submitted to V.P & Circle Head, Circle office, , SBI Infra Management Solutions
Pvt Ltd State Bank of India, Local Head Office , 5th Floor, D Wing, 11,Parliament Street ,
New Delhi –1 10 001 on or before the due date and time specified for submission of tender.
The details of the person/entity submitted the document i.e. Name, Address and Phone/
Mobile Number and E-mail ID of the Bidder shall be mentioned in the lower left corner of the
main envelope. The envelope shall contain:

i) Covering letter stating clearly the validity of the Bid as per the format enclosed at
Annexure-I, Annexure-II, Pre-qualification bid document signed on each page as a
token of acceptance of terms and conditions of bid document & DD towards tender
Processing fee amounting to Rs.5000/- (Rupees Five Thousand only) and EMD
amounting to Rs 2.69 Lakhs (Rupees Two Lacs Sixty Nine Thousand only).

ii) Duly executed power of attorney (as per the format enclosed at Annexure-III), if
required. The Power of Attorney is not required to be submitted in case of Bids
submitted by individuals in their own independent capacity.

iii) A photocopy of their Income Tax Returns/ Assessment Orders/ Clearance Certificates
(For the last three financial years) along with the copy of the PAN & AADHAAR duly
signed by the individual or by a Power of Attorney holder as the case may be.

iv) In case of other entities, viz., Companies/LLPs/Partnership firms/statutory corporation,


the certified copy of the constitutional documents, audited Balance Sheet and
Certificate of Net Worth duly certified by the CA, for last three financial years. If the
audited balance sheet of FY 2017-18 is not ready, then the provisional (unaudited)
balance sheet for the FY2017-18 may be provided. In addition to the same, audited
balance sheet for the FY 2014-15 may also be provided.

g. Bids shall be signed by a person or persons so authorized by the Bidder. In case of a legal
entity, the Bid shall be signed by the person so authorized by the legal entity with its seal duly
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affixed. The Bids must be submitted with all the pages numbered serially along with index of
submission. In the event any of the instructions mentioned herein have not been adhered to,
the Bid is liable to be rejected without referring for any clarifications/ justification.

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DETAILS OF THE APPLICANT (S)

Sl No Description
1 Name of the Individual/ Firm/ Company/ HUF

2 Country of Incorporation / Nationality (as


applicable)

3 Address (In full) with Pin Code

4 Telephone No. including Mobile No.

5 e-mail ID:

6 Whether the applicant has a valid Digital Yes/ No


Certificate/ Signature
7 Year of Establishment of the company/ firm
(Date of birth for individuals)
8 Constitution of the Firm/ Company**
(Enclose proof)

9 Name of Proprietor/ Partners/ Associates/


Directors**

10 Details of Authorised Signatory of the Bidder


(a) Name
(b) Designation (as applicable)
(c) Address

(d) Mobile/Telephone No.


(e) E-mail Address
11 Details of PAN/ GST (enclose a copy)

12 Details of AADHAAR ( enclose a copy)

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13 Banker's Name with address (enclose proof)

13 Whether any action has been initiated against the Yes/ No (If yes, provide details
bidder by any other Government, Statutory thereof)
authority or judicial authority with regard to any
violation of law or other financial irregularities.

14 Latest Financial Statements for last 3 financial 2015-2016


years (Audited Balance sheet & Net worth 2016-2017
certificate to be enclosed) 2017-2018

Note: If the audited balance sheet of FY 2017-


18 is not ready, then the provisional
(unaudited) balance sheet for the FY2017-18
shall be provided. In addition to the same,
audited balance sheet for the FY 2014-15 shall
also be provided.**
15 Income Tax Return/ Assessment order/ Clearance 2015-2016
certificate (to be enclosed) for the assessment 2016-2017
year specified 2017-2018

**Not applicable for individuals

The conditions stipulated by SBIIMSPL in its newspaper advertisement and notice in Bank's
website https://www.sbi.co.in under “Procurement News & others” - Auction Notices for sale
of property on “as is where is and whatever there is basis”, are fully acceptable to me/ us. A
copy of the Bank's website advertisement and each page of the Pre-qualification Bid duly
signed by me/us, as a token of acceptance of the conditions laid down thereon is enclosed.

Name: Signature (with seal, if any)

Place:

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Annexure-I

Letter of Bid and Intent


[On Letter head of the Bidder including full postal address, telephone No.,
Fax No. and E-mail ID)
(as applicable)]

Date:

To
Vice President & Circle Head,
SBI Infra Management Solutions Pvt. Ltd.,
Circle Office, State Bank of India, Local Head Office
5th Floor, D - Wing , 11, Parliament street
New Delhi –110 001

Sub: SALE OF BANK'S PROPERTY AT BELANGANJ, AGRA-282004, UTTAR PRADESH

Sir,

1. I/ We refer to your advertisement inviting bids for sale of SBI’s owned property
located at 8/143, Bhairon Bazar, Belanganj, Agra, Uttar Pradesh

2. I/ We have read and understood the contents of bid document and the
advertisement and wish to participate in the above sale process and for this purpose:

i) I/We propose to submit my / our bid [for and on behalf of (Insert Company Name here)].
ii) I/we confirm that we satisfy the eligibility criteria set out in the relevant sections of the
bid document as well as all such other relevant laws and regulations as applicable to us.

iii) The Bid documents as per the formats, indicated hereinafter duly signed by us,
which satisfy the eligibility criteria, are enclosed.

iv) The Pre-qualification Bid comprises the following:


a) Duly signed Bid Document (by an authorized representative of the Bidder);
b) DD No. dt. towards tender processing fee
c) DD No. dt. towards earnest money deposit …………
d) Certified copy of the constitutional documents of.................;
e) Duly stamped and executed Power of Attorney;
f) Latest audited balance sheet, Certificate of net-worth, copy of PAN/GST registration;
g) Certified copy of the latest income tax returns along with copy of the PAN card
& Aadhaar Card in case of Individual.
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3. I/We further undertake to provide additional information, if any, sought by the Bank/
SBIIMS. The Bank and its authorized representatives may contact the following person
for any further information:-
Name of the Person:
Address:
Mobile/Phone No.:
E-mail:

4. I/We agree that the Bank is authorized to conduct any inquiries / investigations to verify
the statement, documents and information submitted in connection with the Bid.

5. This bid is made with full understanding that:

(a) Bank/ SBIIMSPL reserves the right to reject or accept any Bid, modify / cancel
the bidding process, and / or reject all or any of the Bids.
(b) Bank/ SBIIMSPL shall not be liable for any of the above actions and shall be under
no obligation to inform the Bidder of the same.

6. I/We, declare that the statements made, and the information provided in the duly
completed Bid forms enclosed are complete, true and correct in every aspect.

7. I/We have read the terms and conditions of the bid document and I/We/ am/are willing
to abide by them unconditionally.

Name
For and on behalf of
(Name of Bidder)

Enclosures:-
a) Duly signed Bid Document (by an authorized representative of the Bidder);
b) DD No. dt. towards tender fee of Rs.5000
c) DD No. dt. towards earnest money deposit
d) Certified copy of the constitutional documents of.................;
e) Duly stamped and executed Power of Attorney;
f) Latest audited balance sheet, Certificate of net-worth, copy of PAN/GST registration;
g) Certified copy of the latest income tax returns along with copy of the PAN card &
Aadhar Card in case of Individual. :
h) Annexures (II to III)

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Annexure-II

BID FOR SALE OF BANK'S PROPERTY AT BELANGANJ, AGRA-282 004, UTTAR PRADESH

I/We further acknowledge and agree that:-

(i) In case my/our offer is accepted and if I/we fail to pay the amount in the manner
specified by SBIIMSPL/ Bank, the amount of Earnest Money Deposit and any further
instalments/ deposits paid by me/us under this Bid shall stand absolutely forfeited by the
Bank.
(ii) This Bid is valid for a period of 90 days from the date of e-auction or such extended date
as may be determined by the Bank.
(iii) The terms and conditions of the bid Document are binding on me/us and I/We
hereby unequivocally and unconditionally accept the same.

(iv) The decision of the Bank concerning this transaction shall be final and binding on us.

We hereby declare that the information stated hereinabove is complete and correct and any
error or omission therein, accidental or otherwise, will be sufficient justification for SBIIMSPL/
SBI to reject our Bid and / or to cancel the award of sale.

(Signature of the Bidder)


Full Name:
Designation (as applicable):
Name of the Company (as applicable):

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Annexure-III

FORMAT FOR POWER OF ATTORNEY FOR SIGNING BID


(on a Stamp Paper of relevant value as applicable at place of execution)

POWER OF ATTORNEY

Know all men by these presents, we (name


& address of the registered office) do hereby irrevocably constitute, appoint and authorize
Mr./Ms. (name and address of residence) who is presently
employed with us and holding the position of
, whose signature is given below, as our lawful attorney, to do in our
name and on our behalf, all such acts, deeds and things necessary in connection with or
incidental to our Bid for the purchase of property of SBI, including, signing and submission of
all Documents and providing information / responses to SBI/SBIIMSPL, representing us in all
matters before SBI/SBIIMSPL, and generally dealing with SBI/SBIIMSPL in all matters in
connection with our Bid. We hereby agree to ratify all acts, deeds and things lawfully done by
our said attorney pursuant to this Power of Attorney and that all acts, deeds and things done
by our aforesaid attorney shall and shall always be deemed to have been done by us.

I Accept

(Signature)

(Name Title and Address of the


Attorney)

(Signature)
(Name, Title and Address)

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