More than 20 representatives from interested bidders and investors on Thursday took part in a site visit organised by the Bhubaneswar Development Authority (BDA) and the Tourism Department for proposed development of 10 hotel locations across the city. Officials of the General Administration Department and the Industrial Infrastructure Development Corporation of Odisha (Idco were also present.
The participants inquired details about the lands and their approach roads, surrounding area profile, power connectivity along with other critical factors needed for hospitality industry. Visits would be facilitated for any further demand in future.
The BDA has invited requests for proposals (RFPs) from interested agencies for development of 10 hotel sites in the State capital through an e-auction process on February 17. Out of the 10 plots, seven belong to the GA Department and three to the Idco.
As per the bid documents, the 10 proposed hotels would add at least 700 rooms for tourists in various categories as the hotels would be of both budget and star categories. Four would be under the budget category and six of star category.
The last date of submission of bids is March 27 while e-auction would be held on April 17.
The preferred bidder shall have to pay the quoted amount within a period in three instalments to the BDA.
To construct a hotel building, it would incorporate a special purpose vehicle (SPV) to develop the project. The project has to be completed within a period of three years from the date of land allotment.
The projects would be developed at prime locations of Gopabandhu Nagar, Chandrasekharpur, Patia, Jayadev Vihar, Bomikhal, Bhimpur, Bharatpur, Ghatikia and near Info Valley.