AURIC invites application from reputed developers for Development of a Housing Project at Shendra

Notice Inviting Request for Qualification (RFQ)-cum-Request for Proposal (RFP) from reputed developers for allotment of land ( 15 acre) for Development of a Housing Project at AURIC (Shendra) in Aurangabad, Maharashtra

Aurangabad Industrial Township Limited (AITL) a SPV between the Maharashtra Industrial Development Corporation (MIDC) and the Delhi Mumbai Industrial Corridor (DMIC) invites Request for Qualification (RFQ-cum-RFP) from reputed Developers for AITL’s Housing Project at AURIC, Aurangabad. The salient features of the project, eligibility criteria and prescribed formats for submission can be accessed in the RFQ-cum-RFP document given below
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As part of the development, on-ground infrastructure work at Shendra(viz. Phase I) has already commenced and is in advanced stages of development. The master plan of Shendra with broad area

statement has been enumerated below:
The major milestones achieved for the project have been highlighted below:
– 40.18 sq.km (4018 Hectares) of Land has been acquired to date
– MOEF Clearance has been obtained for 40.18 sq km
– Preliminary Design Completed for 40.18 sq.km
– Approval of cost estimates of INR 7,947 Cr and budget by DMICDC Trust
– Awarded INR 725 cr of EPC contracts and currently another INR 1,500 Cr in bidding stage
– Approval by Mahatransco Board for the construction 220KV substation in Shendra and
Bidkin

Objective of the RFQ-CUM-RFP
As part of Shendra, AITL has earmarked approx. 15 acres of land for development of a housing project. AITL wishes to partner with reputed developers to develop housing at Shendra. The project will primarily consist of units with carpet area not exceeding 60 sq m (645 sq.ft). The project may be developed under the aegis of Pradhan Mantri Awas Yojana (PMAY) / affordable housing. Additional premium FSI up to 30% of base FSI may be purchased by the developer. In the above context, AITL wishes to invite RFQ-cum RFP from interested developers for allotment of land for construction and development of the housing project.