Where is the Sports Infra in 'Sports City'

Sports City Scam www.infralive.com 28 Infra LIVE July 15, 2022 Excerpts from Brochure of the Scheme of Sports City Plot SC-01, Sector -150, NOIDA ESSENTIALQUALIFICATIONS: TECHNICALELIGIBILITYCRITERIA: Details of minimum two completed projects related to real estate development and construction activities (excluding merely trading in real estate) like land development/ housing/ colonizing jobs of bonafide allotted land/ commercial /IT/ ITES projects developments executed along with approximate cost and date of completion during the last 5 years to be submitted. The total compounding certificates/completion certificates should be a minimum of 10.00 lac sq. ft. in aggregate of construction by the Tenderer/ Consortium Lead Member, its Relevant Members and their subsidiaries and holding company (ies) as perAnnexure 1(c). FINANCIALELIGIBILITYCRITERIA: Parameters (i) Minimum Net Worth as on 31.03.2010 duty certified by the tenderer’s statutory auditors/ Chartered Accountant Rs 80 Crores (ii) Minimum Solvency as per Certificate not more than 6 months old, from a Nationalised/ Scheduled Bank Rs 15 Crores (iii) Minimum Total Turnover from real estate activities for the last 3 accounting years duly audited by the tenderer’s statutory auditors/ Chartered Accountant i.e. 2007-08, 2008-09 and 2009-10, as per Annexure-I (b) of this brochure Rs 200 Crores (iv) Earnest money Rs 10 Crores (v) Processing Fee (Non adjustable/non refundable) Rs 10 Lakhs 8. In case the tenderers have formed a consortium: a) Members of consortium will have to specify one Lead Member who alone shall be authorized to correspond with the NOIDA. Lead member should be the single largest shareholder having at least 30% share in the consortium. The shareholding of the lead member in the consortium shall remain at least 30% till the temporary occupancy/ completion certificate of at least one phase of the project is obtained from the Noida. Each member of the consortium with equity stake of at least 05%will be considered as the “relevant member”. The LeadMember of the consortiummust necessarily be a Firm/ Company registered in India with the appropriate statutoryAuthority. b) The lead member and the relevant members should jointly qualify the minimum requirement of net worth, solvency, turnover and experience. In case the tenderer is a consortium, then the Scan-C2 Scan-C1

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