DEVELOPMENT OF RESIDENTIAL & COMMERCIAL

PROJECTS IN PATNA ON PPP BASIS

Project Information Memorandum

“Changing Urban Landscape of Bihar”

Background

1

Bihar State Housing Board

a State level nodal agency

to provide “housing for all”.

Operates under Urban Development & Housing

Department (UD&HD), GoB

BSHB envisions to develop 1,00,000 housing units

across Bihar in next 5 years

Public Private Partnership (PPP) is the preferred mode

Pilot Projects already approved by State Cabinet

Bids invited for 3 projects

• Transaction Advisors: Deloitte Touche Tohmatsu India Pvt.

Ltd. in association with Kapoor & Associates and ASA Law

• Architect Consultants (for Bundled Project): Black Inc,

Ahmedabad

2

Pilot Projects under consideration

Proposed Sites for Development

# Project Type Site Location Site

Area Type

Proposed

Development

1 Bundled

Project:

Residential

cum

Commercial

Projects

Sector 5,

Bahadurpur

(Opp. TV Tower)

10.17

acres Greenfield

• 1,596 Flats

• Commercial

Complex (Mall,

Office, Shopping

Complex etc.)

DS Sector,

Kankarbagh

(3 Sites)

4.20

acres Greenfield

2 Lohianagar

(Kankarbagh) Sector-

S, T, U –Rental

~

32.35

acres

Brownfield • ~2,488 Flats +

Commercial

3 Bahadurpur Sector-

3,6

~

74.41

acres

Brownfield • ~8,454 Flats +

Commercial

4 Katari, Mustafabad,

Gaya

~ 125

acres Greenfield

• ~12,696 Flats +

Commercial

5 Damodarpur,

Muzaffarpur

~21.75

acres Brownfield

• ~1,496 Flats +

Commercial

6

a

Commercial

Projects

L-Sector,

Lohianagar,

Kankarbagh

1.70

acres Greenfield

• Commercial

Complex (Mall,

Office, Shopping

Complex etc.)

6

b Hanuman Nagar,

Kankarbagh

0.55

acres Greenfield

• Commercial

Complex (Mall,

Shopping

Complex etc.)

RfP

Issu

ed

RfP

Issu

ed

Upcom

ing

Project

s

Background

Bundled Residential and

Commercial Projects

3

About the Project – Bundled Project

4

# Factor Description

1 Name of the

Project Development of: Residential Property at Sector-5

Bahadurpur, Patna bundled with

Commercial Property at DS Sector, Lohianagar, Patna

2 No. of

Development

Sites

Four (4) sites:

Greenfield Residential Site ~ 10.17 Acres at Sector-5

Bahadurpur (Patna)

3 Commercial Greenfield Sites at same location with total

~ 4.20 Acres at DS Sector, Lohianagar (Patna)

3 Proposed

Development Residential: As per BSHB Architectural design, drawings

& Specifications

Commercial: As per applicable developmental norms

4 Key features Single Greenfield land parcel of 10.17 acres

Excellent road connectivity (80 ft) and central

location; 3 Side open Plot

Authority to secure Environmental Clearances and

architectural drawings/ plan approval

Developer to upfront receive: 4.20 acres of

Commercial Site at DS Sector, + 37,926 sq.ft. of

commercial development at the Residential Site

Bonus provision for early construction

Advance Bookings of Commercial and Flats Under

Grant allowed

5 Estimated

Project Cost Rs.561 Cr

6 Lease Period

& Renewals

Perpetual Lease *

*Renewable at each 30 years, at nominal renewal charge

One of the single largest green-field Residential Projects

in the heart of the city…

Bundled Project – Residential Site

5 View of Bahadurpur, TV Tower site and Adjoining TV Tower

Land Area: ~10.17 acres Layout Plan

Bundled Project – Commercial Sites

6

DS Sector – Site A Land area

DS Sector – Site C

3 sites with total land approx. 4.20 acres situated at DS Sector,

Lohianagar (Patna)

DS Sector – Site B

• Site B approx. 1.13 acres

• Site A approx. 2.38 acres

Layout Plan

• Site C approx. 0.69 acres

PPP

PPP Development Model

7

Receives leasing rights

(comm., grant flats)

Undertakes

development of

commercial

components such as

retail, office

development

1 2

3

4

5

Part Revenues to fund

cost of development of

residential flats for

BSHB

6

7

Players participate in Bidding Process for

Residential cum Commercial Projects (based on technical

and financial qualifications)

Development of Residential

Flats 2BHK Flats

Private Developer (get selected) Bihar State Housing

Board

1

2

Land for Commercial

Development

Land for Residential

Development

3

Allotment of Housing Units

(excl. flats under grant) by BSHB

Flow of PPP related activities undertaken by both parties

O&M for 2 Years

and handover to

RWA

Earns revenues from

commercial spaces & flats

under grant

Selection of Private Player for Bundled

Project – Selection Criteria

8

Selection through International Open Competitive Bidding Process

Technical Eligibility Criteria:

I) Minimum Qualification:

Residential Construction/ Development Experience* >= 3.05 Acres in last 5

years;

Commercial Construction/ Development Experience* >= 1.26 Acres in last

5 years;

II) Technical Capacity:

Project Experience of > Rs. 841.50 Cr in last 5 years

At least 1/4th from Eligible Projects (> Rs. 112.20 Cr.) in Category 1 and/ or

Category 3

III) Financial Capacity:

Minimum Net Worth of Rs.140.25 Cr

Category 1 and 3 would be deemed to include housing, residential townships

and mass housing.

Category 2 and 4 (core Sector) would be deemed to include real estate, factory

buildings, industrial buildings, industrial parks, port terminal, airport terminal,

railway stations, commercial complexes and office complexes.

IV) Financial Bidding Criteria:

Lowest Grant quoted in terms of “Number of Flats” or Highest

Premium offered

* Proof = clients work orders and completion certificates from Client/Engineer/app.

Government Instrumentality

There is no Cap on the Number of Flats under Grant quoted by the Bidder

Standalone Commercial

Projects

9

About The Project

10

Lease for Commercial Development of :

• approx. 1.70 acres of Land at L- Sector in Kankarbagh, Patna &

• approx. 0.5463 acres of Land at Hanuman Nagar in Kankarbagh, Patna

# Factor Description

1 Name of the

Project • Commercial Development at L- Sector in Kankarbagh,

Patna

• Commercial Development at Hanuman Nagar in

Kankarbagh, Patna

2 No. of

Development

Sites

• L Sector Project : One site ~ 1.70 Acres of land

• Hanuman Nagar Project: One site ~ 0.55 acres

3 Total Built up

Area • L Sector Project : Approx. 17,200 Square Meters,

FAR = 2.5

• Hanuman Nagar Project: Approx. 5,527 Square Meters,

FAR = 2.5

4 Key features • Excellent road connectivity and central location

• Suitable for commercial assets – Mall, Multiplex,

Offices, etc.

• No restriction on product mix

5 Estimated

Project Cost

(in INR crore)

• L Sector Project : Approx. INR 59.74 Cr

• Hanuman Nagar Project: Approx. INR 15.71 Cr

6 Lease Period

& Renewals

Perpetual Lease *

*Renewable at each 30 years, at nominal renewal charge

About The Project – L Sector Project

11

L Sector site area – 1.70 acres L Sector site – Frontage

Good Frontage and

Depth

About The Project – Hanuman Nagar Project

12

Hanuman Nagar site area – 0.546

acres

Hanuman Nagar site access

PPP Development Model

13

Leasing rights

Undertakes

development of

Commercial

Components

Earns revenues from

sub leasing of

commercial spaces

1 2

3

4

5

6

Players participate in Bidding Process for specific project(s)

(based on technical and financial qualifications)

**Earns**

• Lease Premium (one time) +

• Fixed Annual Lease Rent (Notional

amount)

Private Developer (get selected)

1

2

Land for Commercial

Development

Bihar State Housing Board

PPP

Flow of PPP related activities undertaken by

both parties

Selection of Private Player for Bundled

Project – Selection Criteria

14

Selection through International Open Competitive Bidding Process

Technical Eligibility Criteria:

I) Technical Qualification: (In last Five Years)

L-Sector Project: Commercial Construction/ Development Experience >=

34,440 Sq Mt;

Hanuman Nagar Project: Commercial Construction/ Development

Experience >= 11,054 Sq Mt;

II) Financial Capacity:

L-Sector Project: Minimum Net Worth of Rs.14.94 Cr

Hanuman Nagar Project: Minimum Net Worth of Rs.3.93 Cr

III) Financial Bidding Criteria:

Highest Lease Premium. “Highest Bidder” shall mean the Bidder who is

offering the highest Lease Premium.

Way forward

15

Sl. Event Description Date

1. Pre-Bid Conference – Mumbai @

Hotel Taj Lands End

6th September 2013

(11.30 am - 4:00 pm)

2. Bid Due Date 20 September 2013

Come partner with us …………

This Project Information Memorandum is for information purposes

only. For detailed terms and conditions, commercial and legal rights

and obligations etc., kindly refer to bidding documents issued by

BSHB. Please refer the link for further details –

http://www.bshb.in/currentTenders.aspx?GL=4&PL=1

For any queries please email at: contactbshb@gmail.com,

Mobile: +91-9473197748