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"The letter of acceptance has been issued to DLF, the successful bidder, after getting the approval from the state government," Haryana State Industrial & Infrastructure Development Corporation Ltd (HSIIDC) Deputy General Manager Priya Sardana said.
Earlier this week, DLF emerged as the sole bidder for the 350-acre project after the bids of other parties, Unitech and Malaysia-based Consortium comprising Country Heights, Country Club of South Africa and Rajarhat IT Park were disqualified on technical grounds.
The qualified bidder, DLF, had quoted its bid at Rs 12,000 per sq mt against the reserve price of Rs 11,978 per sq mt for the project. HSIIDC had invited competitive bids in January this year for allotment of 350 acres of prime land on freehold basis at village Wazirabad in Gurgaon for setting up of a recreation and leisure project comprising commercial and residential buildings and golf courses.
The corporation re-invited the bids after the sole bidder DLF at that time pointed out certain difficulties in project implementation.
In the second round of bidding, Unitech was disqualified as its partner was found ineligible for developing the project, while the bid of the third party did not qualify as the net worth of the Malaysia-based company Country Heights was less than the required amount of Rs 500 crore.
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