Invites Expression of Interest for conducting Demand Discovery Survey from Interested Prospective Buyers / Lessees for land available At Chattarpur for Public and Semi-Public land use

Background -:

Hemisphere Properties India Ltd (A Government of India Undertaking) has land bank 234718 sq mtrsi.e 58 acres. in premium locality of South Delhi at Chattarpur. The land enjoys good connectivity and presence of institutions, commercial establishments, and residences of diplomats & HNI’s in the surroundings. HPIL intends to evaluate the Business model for this land bank and hence is inviting expression of interest for conducting demand discovery survey from interested parties/ prospective buyers / lessees willing to buy the land bank or take it on long term lease as per Public and Semi – Public (PSP) usage.

Connectivity :

  • Air Connectivity: located 15 kmsfrom Indira Gandhi International Airport (IGI)
  • Road Connectivity: Connected through Mehrauli Gurgaon Road via Mandi Road which is proposed to be widened.
  • Metro Connectivity: Site is 1km distance from Chhatarpur metro station

Expression of Interest (EOI) for conducting Demand Discovery Survey for Public and Semi-Public land use.

 HPIL intends to  evaluate the Business  modelat  land bank at Chattarpur and hence is inviting expression of interest for conducting demand discovery survey from interested parties/ prospective buyers / lessees willing to buy the land parcel or take it on long term lease as per Public and Semi-Public Usage; for eg:  for Education and Research University/College, Socio cultural complex, Hospital, Medical College, Tertiary Health Care Centre, Data Centre etc.

Plot Area : Plot area is available ranging from above 4046.86 sq mtrsi.e  1 acres to  234718 sq mtrs.i.e 58 acres.

Location : Chattarpur New Delhi

For any clarifications please contact info@hpil.co.in and contact the Site Manager on 7290910156

8. DISCLAIMER

i. This Form is merely an Expression of Interest (EoI) for conducting Demand Discovery Survey to identify the demand of buyer / lessee under Public and Semi – Public (PSP) use of land parcel at Mandi road Chattarpur, New Delhi.

ii. This Expression of Interest for conducting Demand Discovery Survey (EoI)is non-binding on the HPIL/the Company or any Individual /Body Corporate who expresses their interest in the present Demand Discovery Survey.

iii. The parties i.e. the Individual / Body Corporate etc who are expressing their interest in the present Demand Discovery Survey understand that neither any liability nor any obligation of any kind shall incur upon the HPIL/ the Company or any Individual / Body Corporate who expresses their interest in the present Demand Discovery Survey.

iv. The parties i.e. the Individual / Body Corporate who are expressing their interest in the present Demand Discovery Survey understand that they shall not raise any claim whatsoever, against the HPIL/the Company on the basis of their Expression of Interest (EoI) in the present Demand Discovery Survey.

v. The parties i.e. the Individual / Body Corporate who are expressing their interest in the present Demand Discovery Survey also understand that they shall not be entitled to claim any right, title or interest in the subject property on the basis of their Expression of Interest (EoI) submitted in the present Demand Discovery Survey.

vi. Unless otherwise agreed to in writing between the parties i.e. the HPIL/the Company and individual/Body Corporate who are expressing their interest in the present Demand Discovery Survey, this survey shall not bind the HPIL/the Company to disclose its further plan of actions to any individual/Body Corporate who are expressing their interest in the present survey or to the General public.

vii. HPIL/the Company may in its discretion even after receiving the EoIs while conducting the present Demand Discovery Survey decide not to proceed any further with the saidEoIs. In case the HPIL/the Company takes any such decision, no individual or body corporate shall be entitled to make any claim against the HPIL/the Company.

viii. This Demand Discovery Survey is conducted with the objective to ascertain the demand of land as per present land use only.

ix. As the present exercise is only for the purpose of conducting Demand Discovery Survey, there is no ‘real estate project’ of the HPIL/the Company at Mandi Road Chattarpur, New Delhi. Once there is a ‘real estate project’, master planning & necessary approvals from Regulatory Authorities such as RERA etc. shall be obtained by the HPIL/the Company.