a) The information contained in this Bid Document or subsequently provided to Bidders, whether verbally or in documentary form or otherwise by or on behalf of CIDCO, or any of its employees, is provided to Bidders on the terms and conditions set out in this BID document and such other terms and conditions subject to which such information is provided.
b) The purpose of this BID document is to provide interested parties with information and select highest bidders for advertised properties through e-Tender cum e-Auction software.
c) CIDCO may in its absolute discretion, but without being under any obligation to do so, delete, update, amend or supplement the information, its assessment or assumptions contained in this BID document. Such changes shall be intimated to all the Bidders. In case additional period for submission, if required due to such amendments, is necessitated the same shall be intimated to all the Bidders.
d) The issue of this BID document does not imply that CIDCO is bound to allot the plot to the Bidder and it reserves the right to reject all or any of the Bidders without assigning any reasons whatsoever.
e) CIDCO reserves the right not to proceed with the Bidding Process as per time table without liability or to reject any or all Bid(s) without assigning any reasons whatsoever.
f) The Complete e-Tender cum e-Auction bidding process is online. Bidder shall submit CLOSED BID which is non-mandatory. Then, bidder shall participate in e-Auction/online bidding as per prescribed time schedule.
g) The payment for e-Auction processing fee of Rs.1000 + applicable GST (Rupees One Thousand plus applicable GST) & Earnest Money Deposit (EMD) shall be paid online separately for every bid.
h) Allotment of Plots will be made in accordance with the provision of NMDL (A) R 2008 as may amended from time to time.
i) Bank Information: Bidder shall submit information of Bank Account Holder Name, Bank Account Number, Bank Name, Branch Name, Bank MICR number, Bank IFSC Number and upload cancelled cheque. The cancelled cheque and information furnished shall match with each other. The refund in case of un-successful bidders will made on the account details given on cancelled cheque.
J) Kindly note that, bidders cannot apply for e-Auction from other’s bank account. Also, if found that same bank account number is provided by different bidders during registration, the application will be treated as cancelled. NRI Account holder cannot apply for auction.
K) The Bidder can bid for one or more Plots advertised by submitting separate bid with the amount of requisite Earnest Money Deposit (EMD) in the form of Online Payment.
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CIDCO expressly disclaims any liability or responsibility for any damages, loss or injury arising out of any business transaction(s) or contract(s) between the Government(s), Supplier(s) and/or any related/not related/involved persons or any other party due to the usage of this website.