HSIIDC Announces e-Auction of Industrial Plots in its various Industrial Estates

HSIIDC e-Auction of Industrial Plots: The Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) has announced a new opportunity for businesses and investors by launching an e-Auction for industrial plots in various industrial estates across Haryana. This initiative aims to provide a streamlined and transparent process for acquiring industrial land, catering to the growing demand for industrial spaces in the region. The e-Auction offers a wide range of plots across several districts, making it an attractive option for industries looking to establish or expand their operations in Haryana.

All About HSIIDC e-Auction of Industrial Plots Scheme

HSIIDC’s e-Auction scheme is designed to offer industrial plots to interested parties through an online bidding process. The scheme covers multiple industrial estates spread across different districts in Haryana, including Sonipat, Rewari, Sirsa, Jind, Panipat, Faridabad, Rohtak, Karnal, Jhajjar, and Gurugram. The initiative is part of HSIIDC’s broader effort to promote industrial development and infrastructure growth in the state.

The e-Auction is open to all eligible participants who meet the criteria specified by HSIIDC. Interested parties must complete the registration process and submit an Earnest Money Deposit (EMD) within the stipulated time frame. The e-Auction will be conducted on the official HSIIDC e-Auction portal, ensuring a fair and competitive bidding process.

e-Auction Start Date and Schedule of Registration

To participate in the e-Auction, bidders must complete the registration process and submit the EMD within the specified dates. Below is the schedule:

Event	Date	Time
Registration/ EMD PaymentStart Date & Time	1.08.2024	From 9:00 AM
Registration/EMD Payment End	16.08.2024	Up to 11:59 PM
Tentative e-Auction Date	21 August, 2024 onwards	–

List of Available e-Auction of Industrial Plots

The e-Auction covers a variety of industrial plots across multiple estates in Haryana. Below is a summary of some key locations and their respective plot sizes and reserve prices:

Industrial Estate	District	Tentative Plot Sizes (sqm)	Reserve Price (Rs. per sqm)
IE Barhi	Sonipat	1800 to 8300	₹27,200
Mega Food Park IE Barhi	Sonipat	1012.50 to 4275	₹27,200
IMT Bawal	Rewari	1012.50 to 86850	₹16,300
IE Sirsa	Sirsa	300 to 1012.50	₹19,400
IE Narwana	Jind	450 to 2800	₹14,850
Mega Food Park IE Rai	Sonipat	1800 to 8700	₹33,250
IE Panipat	Panipat	450 to 78165	₹19,300
IMT Faridabad	Faridabad	1012.50 to 15000	₹35,900
IMT Rohtak	Rohtak	450 to 15000	₹21,600
Pace City Gurugram	Gurugram	450 to 3800	₹72,400

Procedure for E-Auction and Allotment of Industrial Plots

The Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) has laid out a clear procedure for the e-Auction and allotment of industrial plots in various estates across the state. Below is a concise summary of the eligibility criteria, details of available plots, and steps to participate in the e-Auction.

1. Eligibility for Participation

1. General Eligibility: Any legally competent individual or entity with a valid PAN card who intends to set up an industrial project on HSIIDC plots can participate in the e-Auction. However, companies under incorporation and firms under registration are not eligible.
2. Specific Entities: For entities such as HUFs, Partnership Firms, LLPs, Trusts, Associations, or Companies, the applicant must provide a certified copy of the Board Resolution or Authorization in favor of the person making the bid on its behalf, along with the registration/incorporation certificate.

2. Details of Estate(S) And Plot Size Categories On Offer:

HSIIDC has made available various categories of industrial plots across several industrial estates. Below is a summary of the plots available, including the reserve price, Earnest Money Deposit (EMD), and processing fee.

Sr. No.	Auction Name	Reserve Price (Rs. per sqm)	EMD (Rs.)	Processing Fee (Rs.)
	IE Barhi
1	IE Barhi – 4500 sqm	27,200	6,120,000	15000
2	IE Barhi – 6000 sqm	27,200	8,160,000	15000
3	IE Barhi – 7000 sqm	27,200	9,520,000	15000
4	IE Barhi – 8300 sqm	27,200	11,288,000	25000
	Mega Food Park IE Barhi
5	Mega Food Park, IE Barhi Phase-III – 1800 sqm	27,200	2,448,000	10000
6	Mega Food Park, IE Barhi Phase-III – 4275 sqm	27,200	5,814,000	15000
	IMT Bawal
7	IMT Bawal – 13300 sqm	16,300	10,839,500	25000
8	IMT Bawal – 25000 sqm	16,300	20,375,000	25000
9	IMT Bawal – 27500 sqm	16,300	22,412,500	25000
10	IMT Bawal – 29000 sqm	16,300	23,635,000	25000
11	IMT Bawal – 40800 sqm	16,300	33,252,000	25000
12	IMT Bawal – 60000 sqm	16,300	48,900,000	25000
13	IMT Bawal – 86850 sqm	16,300	70,782,750	25000
	IE Sirsa
14	IE Sirsa – 300 sqm	19,400	291,000	3000
15	IE Sirsa – 350 sqm	19,400	339,500	3000
16	IE Sirsa – 400 sqm	19,400	388,000	3000
17	IE Sirsa – 450 sqm	19,400	436,500	3000
18	IE Sirsa – 550 sqm	19,400	533,500	5000
19	IE Sirsa – 1012.50 sqm	19,400	982,125	5000
	IE Narwana
20	IE Narwana – 450 sqm	14,850	334,125	3000
21	IE Narwana – 1012.50 sqm	14,850	751,781	5000
22	IE Narwana – 1800 sqm	14,850	1,336,500	7500
23	IE Narwana – 2250 sqm	14,850	1,670,625	7500
24	IE Narwana – 2800 sqm	14,850	2,079,000	7500
	IE Dharuhera
25	IE Dharuhera – 4050 sqm	29,600	5,994,000	10000
26	IE Dharuhera – 5100 sqm	29,600	7,548,000	15000
27	IE Dharuhera – 5800 sqm	29,600	8,584,000	15000
28	IE Dharuhera – 7875 sqm	29,600	11,655,000	15000
29	IE Dharuhera – 9000 sqm	29,600	13,320,000	25000
30	IE Dharuhera – 10000 sqm	29,600	14,800,000	25000
31	IE Dharuhera – 11000 sqm	29,600	16,280,000	25000
32	IE Dharuhera – 12500 sqm	29,600	18,500,000	25000
33	IE Dharuhera – 15000 sqm	29,600	22,200,000	25000
	Mega Food Park IE Rai
34	IE Rai, Phase-II, Mega Food Park – 1800 sqm	33,250	2,992,500	10000
35	IE Rai, Phase-II, Mega Food Park – 2400 sqm	33,250	3,990,000	10000
36	IE Rai, Phase-II, Mega Food Park – 3000 sqm	33,250	4,987,500	10000
	IE Panipat
37	IE Panipat – 4050 sqm	19,300	3,908,250	7500
38	IE Panipat – 7000 sqm	19,300	6,755,000	10000
39	IE Panipat – 7875 sqm	19,300	7,599,375	10000
40	IE Panipat – 39600 sqm	19,300	38,214,000	15000
41	IE Panipat – 66420 sqm	19,300	64,095,300	15000
42	IE Panipat – 78165 sqm	19,300	75,429,225	15000
	IMT Faridabad
43	IMT Faridabad – 7600 sqm	35,900	13,642,000	15000
44	IMT Faridabad – 15000 sqm	35,900	26,925,000	25000
	IMT Rohtak
45	IMT Rohtak – 2400 sqm	21,600	2,592,000	7500
46	IMT Rohtak – 3000 sqm	21,600	3,240,000	7500
47	IMT Rohtak – 4050 sqm	21,600	4,374,000	7500
48	IMT Rohtak – 4500 sqm	21,600	4,860,000	10000
49	IMT Rohtak – 8100 sqm	21,600	8,748,000	10000
50	IMT Rohtak – 10500 sqm	21,600	11,340,000	15000
51	IMT Rohtak – 15000 sqm	21,600	16,200,000	15000
	Mega Food Park, IMT Rohtak
52	Mega Food Park IMT Rohtak – 450 sqm	21,600	486,000	3000
53	Mega Food Park IMT Rohtak – 1012.50 sqm	21,600	1,093,500	5000
54	Mega Food Park IMT Rohtak – 1800 sqm	21,600	1,944,000	7500
55	Mega Food Park IMT Rohtak – 4050 sqm	21,600	4,374,000	7500
	IE Karnal
56	IE Karnal Sector-37, Phase-IV – 1012.50 sqm	21,900	1,108,688	5000
57	IE Karnal Sector-37, Phase-IV – 2350 sqm	21,900	2,573,250	7500
58	IE Karnal Sector-37, Phase-IV – 3300 sqm	21,900	3,613,500	7500
	IE Bahadurgarh
59	IE Bahadurgarh – 1800 sqm	42,450	3,820,500	10000
60	IE Bahadurgarh – 6000 sqm	42,450	12,735,000	15000
	Pace City Gurugram
61	Pace City-II, Sector-37, Gurugram – 3800 sqm	72,400	13,756,000	10000

3. How to Participate – Simple Steps

1. Prepare Your Setup: Make sure you have a working computer and internet connection. If your connection drops during the auction, just log back in.
2. Register Online: Sign up on the e-Auction Portal and create a User ID. You’ll need to pay the Earnest Money Deposit (EMD) to participate.
3. Choose Bidder Type: If you’re an individual, select “Individual.” For companies or firms, choose “Company/Firm.” Ensure the name matches your PAN card to avoid issues.
4. Bank Details: Double-check your bank details during registration to ensure refunds process smoothly.
5. Login and Select Auctions: After registration, log in to the e-Auction portal, choose the auction event you want to join, and pay the processing fee and EMD for each event.
6. Auction Day: On the auction day, log in and select the ongoing auction. Bidding proceeds in rounds:
   • The minimum bid increment is ₹200 per sqm.
   • Auctions run from 7:00 AM to 9:00 PM, with extensions if bids are placed in the last 5 minutes of any round.
   • After each round, the highest bidder (H-1) has 10 minutes to pick a plot, or the system will assign one.
7. Payment after Winning: If you win, you must pay 10% of the plot price within 7 days. If you don’t, your 5% EMD will be forfeited.
8. HSIIDC Rights: HSIIDC can accept or reject any bid, even the highest one, or withdraw the site from auction without explanation.

Also Read: Step by Step Process to Participate in the e-Auction

Related E-Auction Articles:

• Residential Plots through E-Auction Online Bidding Scheme Code: LOP-04/2024
• E-Auction of Commercial FAR-4 Plots

Payment Terms & Conditions

1. Initial Payment at Registration: 5% of the tentative plot price (based on reserve price) is required at the time of registration for participation in the e-Auction.
2. Post-Auction Payment: Successful bidders must complete 10% of the bid price (adjusted with the EMD) within 7 days of notification from HSIIDC. Failure to do so results in forfeiture of the 5% EMD.
3. Further Payments:
   • 15% of the plot price is due within 30 days of the issuance of the RLA (extendable by 30 days with 15% p.a. interest).
   • An additional 25% of the plot price is due within 60 days of RLA issuance, with a 15% p.a. interest on delayed payments.
4. Final Payment: The remaining 50% of the plot price is to be paid in four equal half-yearly installments over two years, with 12% p.a. interest.
5. Rebate on Lump Sum Payment:
   • 10% rebate for full payment within 45 days of RLA issuance.
   • 5% rebate for full payment within 90 days.
   • 3% rebate for full payment within 120 days.
   • 1.5% rebate for full payment within 150 days.
   • No rebate for payments after 150 days.
6. Offline Payment Instructions: EMD or H-1 payments made offline must be completed well before the deadline to ensure timely credit to HSIIDC’s account. Separate challans are required for each payment transaction.

All Sources of E-Auction of Industrial Plots 

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e-Auction of Industrial Plots in its Various Industrial Estates	PDF

Conclusion:

Participating in the e-Auction process for industrial plots involves careful registration, timely payments, and strategic bidding. Bidders must ensure they have the proper setup, follow the registration process accurately, and be prepared for the dynamic nature of the auction rounds. It’s crucial to monitor the auction status and complete payments promptly to avoid forfeiting deposits. The process is designed to be transparent, but requires bidders to be vigilant and responsive throughout.

Also Read Article:

• Greater Noida Industrial Development Authority
• Various Plot Schemes in Uttar Pradesh
• HSIIDC’s Industrial Development Plot Schemes
• Haryana Housing Board Scheme
• DDA Housing Scheme 2024
• YSR Housing Scheme 2024
• Plot Schemes in South India
• HSVP Plot Scheme
• plot schemes in delhi
• plots schemes in haryana
• Yeida Plot Scheme

FAQs

Q.1 When does the e-Auction for HSIIDC industrial plots start? 

The tentative e-Auction start date is 21 August, 2024 onwards.

Q.2 Which locations industrial estates are included in this e-Auction?

The e-Auction covers various industrial estates across Haryana, including Sonipat, Rewari, Sirsa, Jind, Panipat, Faridabad, Rohtak, Karnal, Jhajjar, and Gurugram.

Q.3 What is the range of plot sizes available?

Plot sizes range from as small as 300 sqm to as large as 86,850 sqm, depending on the industrial estate.

Q.4 What is the Earnest Money Deposit (EMD) for participating?

The EMD varies based on the plot size and location. It ranges from ₹291,000 for smaller plots to ₹75,429,225 for larger ones.

Q.5 What happens if I win a bid?

 If you win, you must pay 10% of the plot price within 7 days of notification from HSIIDC.

Q.6 Are there any rebates for full payment?

es, rebates range from 10% for full payment within 45 days to 1.5% for payment within 150 days of RLA issuance.

Q.7 What are the payment terms for the plots?

After the initial 10%, you pay 15% within 30 days, another 25% within 60 days, and the remaining 50% in four equal half-yearly installments over two years.

Q.8 What happens if I don’t make the required payments on time? 

Late payments may incur interest charges, and failure to pay the initial 10% within 7 days results in forfeiture of the 5% EMD.