TNHB Industrial plot scheme 2020

Tamil Nadu Housing Board, J.J.Nagar Division, has proposed to sell the Industrial Plot with 78 MIG Row type houses (GF+FF) in dilapidated condition on “as is where is condition” in Special and Hazardous Industrial Area, comprised in Chennai District, Ambattur Taluk, Greater Chennai Corporation, Zone-7, Ambattur Village, S.No.530/1A, Extent 1.95 Acres or 84942 Sq.ft through Sealed Offer – Cum – Open Auction. The details are as follows.

Upset Price for 2019-2020 Rs.34,82,63,000/-

1. Cost of Application form
In person-Rs.1160/- (Inclusive taxes) By Post –Rs.1220 (Inclusive taxes ) By Swipe Card (Cash / Cheque not accepted) All D.D’s to be drawn in favour of the Executive Engineer &Ad.O, J.J.Nagar Division, TNHB Office Cum Shopping Complex, 3rd Floor, Tirumangalam, Chennai – 600 101. Payable at Chennai

2. Sale of application form
From 13.01.2020 to the previous working day of auction between 11.00 A.M to 4.00 PM

3. Last date of receipt of filled up application (For both sealed tender cum open auction- both put into tender box)
upto 11.00 AM on the date of auction

4.Auction Date
Office of the Executive Engineer & Ado,J.J.Nagar Division,Tamil Nadu Housing Board,3rd Floor, TNHB Shopping Complex, Tirumangalam, Chennai-600 101, Phone No.044-26154577.

5.The highest rate quoted in the sealed tender will be consider as starting rate for the open auction.

7. The highest bidder should remit 25% bid amount by deducting the 15% on upset price value enclosed along with the application on the next day upto 4.00 PM by the successful auctioner. Balance 50% bid amount should be remitted within six weeks from the date of receipt of confirmation letter and the balance 25% bid amount should be remitted within next six weeks from the date of the 2nd installment payment made. Failure which the entire amount will be forfeited and the allotment will be cancelled.

8. The scheme layout duly marking the Industrial Site proposed to be sold through sealed tender-cum-open auction will be displayed in the Office Notice Board.

9. The application form must be submitted at the Division office in sealed cover superscribing clearly the date of auction in both the cases of ” Sealed Tender-Cum-Open Auction ” accompanied by demand draft along with appropriate application payment.

10.Only those who have submitted valid applications for sealed tender will be allowed to participate in the open auction.
Tamil Nadu Housing Board,
TNHB Office Cum Shopping Complex,
3rd Floor, Tirumangalam,
Chennai-600 101. Phone No.044.2614577
1.Plot, Building and Plot with Building will be sold out in ” as is where is condition”.
2.Before participation in sealed offer cum open auction, the applicant should visit the site and satisfy himself.
For Further Details Please Contact:-
Executive Engineer & Administrative Officer,
J.J.Nagar Division,

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