CIN No.: U40109PB2010SGC033813

Auction 2016

PUNJAB STATE POWER CORPORATION LIMITED
AUCTION NOTICE

It is for information of general public that the following Booths/Shops at Nuhon Colony, Shopping Complex, GGSSTP, Ropar will be auctioned on lease for 11 months on monthly rent basis on 17-02-2016 at 3.00 PM in the office of Addl. SE./CMT Division, GGSSTP, Nuhon Colony, Ropar. The details of Booths/Shops are as under:-

Sr. No.

Shop / Booth No.

Size

Purpose

Reserve Rent / Lease P. Month

1.

Shop-cum-Flat No.2, Nuhon Colony 18.8X 3.9 M Grocery & Departmental Store by big retail chains like 6-Ten, Subhiksha, Reliance, More etc. Confectionary, General store, ATM, Stationary, IT, Computer, CDs, Electrical, Electronic, Medical Consultancy, Karyana, Fruit & Veg., Chat-Tikki etc. Rs.4000/-

2.

Booth No.5, Nuhon Colony 4.45 x 2.75M Grocery & Departmental Store by big retail chains like 6-Ten, Subhiksha, Reliance, More etc. Confectionary, General store, ATM, Stationary, IT, Computer, CDs, Electrical, Electronic, Medical Consultancy, Karyana, Fruit & Veg., Chat-Tikki etc. Rs.2000/-

TERMS & CONDITIONS:

  1. The intending bidders who want to participate in the auction are required to submit a Demand Draft of Rs.5000/- per shop/booth or cash, as earnest money in favour of Accounts Officer/O&M, GGSSTP, Ropar, payable at Ropar with Addl. SE./CMT Divn. (O&M) GGSSTP, Ropar, on or before the date of auction.
  2. The successful bidders will be required to pay three months lease money (rent) through Demand Draft or through cash in favour of A.O./O&M, GGSSTP, Ropar, at the fall of hammer.
  3. Successful bidder will have to deposit a sum of Rs.10,000/- as security which will be refunded to the shopkeeper at the time of vacation of the shop and the department will not pay any interest for the said amount.
  4. The competent authority reserves the right to reject any or all the bids or can withdraw a booth from auction without assigning any reason, whatsoever.
  5. In case the above date happens to be a holiday, the auction shall take place at the same time on the next working day.
  6. The intending bidders shall have to produce a minimum of 2 years experience certificate in the trade, duly verified by the Municipal Commissioner/ Sarpanch of City/Village concerned.
  7. The intending bidders shall have to purchase the copy of terms & conditions of auction which can be had from the office of the undersigned on any working day and upto 1.00 PM on date of auction by depositing Rs.50/- Per booth/shop towards its cost with A.O./O&M, GGSSTP, Ropar. These bidders who do not purchase the terms & conditions will not be allowed to participate in the auction.
  8. The service tax shall be payable extra over and above the bid given by the intending bidder .
  9. All the intending bidders shall also submit the proof of permanent address with the application for purchase of auction documents.
  10. For Shop-cum- Flat No.2 at Nuhon Colony, the cross walls will be allowed to be removed at the cost of the prospective allottees/bidders, if they so desire subject to structural safety of the building, at their cost.
  11. All other terms & conditions of auction shall be announced at the time of auction.

 

Addl. SE,CMT.
O&M,,GGSSTP,Ropar.

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