State Bank of India plans bulk acquisition of 200 2BHK flats in Mumbai for ₹294 crore
The Indian State Bank (SBI) is planning an important collective purchase of 200 Move-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-in-mmR). This big purchase is approximately valued La294 Crore, excluding legal taxes.
According to the documents published on October 7, the lent was issued a tender that invites developers to send bids for the units in the four private property clusters.
The bank plans to buy 50 units in each of the identified clusters. Headquarters left for suburbs La50 2 for the purchase of apartments with bedrooms 84 Crore (excluding tax). Estimated cost of 50 similar units in Western suburbs La108 CRORE (excluding taxes) according to the tender document.
TANA -The lending for the newskan region has left aside La54 Crore, Estimated Allocation for Kharghar -Panvel Zone La48 Crore.
Unit requirements
- Each apartment must have a Mahararera carpet area of approximately 55.74 square meters. (600 sq ft.).
•- Features should be less than five years.
Supply rules
• The tender summarizes developer participation and strict criteria for the property themselves.
Ownership and title
- Projects under a single ownership will be given preference with net and markeable headings.
It is strictly forbidden for brokers and intermediaries to participate in the proposal process to achieve a direct agreement.
Successful bid holders will be selected according to the 60:40 Tekno-Commercial Scoring System. This comprehensive assessment will evaluate various factors including technical (60%) and financial (40%) aspects.
In addition to 200 housing units, SBI purchasing plan requires a total of 400 parking spaces containing 200 private parking and 200 two -wheel parking slots.
