POLICY
FOR ALLOTMENT OF LAND TO SUPERSPECIALITY HOSPITALS IN PUNJAB
INTRODUCTION
This scheme has been drafted to provide land at attractive prices to
superspeciality hospitals in various cities of Punjab. In the interest
of development of high quality healthcare in Punjab as also in the
interest of residents of the Urban Estates developed by PUDA it has
taken a decision to forego return from land price and to offer land at
prices much below the prevailing market price.
SUPERSPECIALITIES COVERED
Land under this scheme will be
allotted to hospitals that provide world class services in at least one
of the following superspecialities:
(i) Cardiology
& Cardiac Surgery
(ii) Neurology
and Neuro Surgery
(iii)
Pulmonary
Medicine & Chest Surgery
(iv)
Nephrology
(including Haemo-Dialysis Transplant)
(v) Oncology
(vi) Orthopaedic
surgery (including hip and knee joint
replacements and Microscopic Surgery)
(vii)
E.N.T.
(viii)
Ophthalmalogy(including post chamber surgery)
(ix) Gastroenterology(including
Endoscopic surgery)
(x) Gynaecology
(xi)
Paediatrics
(including Neonatal care )
(xii)
Vascular
surgery
(xiii)
Physiotherapy Rehabilitation
The Finance and Accounts
Committee may, after consulting such persons, as it deems fit, add to
the list of super-specialities given above.
MINIMUM
INVESTMENT CRITERIA
The minimum investment
required will be Rs. 15.00 crores per acre of land required provided a
super speciality hospital covers a single super speciality. In case the
super speciality hospital proposes to cover more than one discipline,
the multi-super speciality hospital shall require a higher amount of
investment depending upon number of disciplines covered and the location
of the site. For removal of doubts it is clarified that minimum
investment required shall be Rs. 15.00 crores and no project below this
amount shall be sanctioned on the ground that an area less than one acre
is required. However, an applicant may apply for less than one acre but
the condition of a minimum investment of Rs. 15.00 crores shall apply
nevertheless.
SELECTION PROCESS
The
principal criteria for selection are
(a) Nature
of services to be provided as apparent from the project report.
(b) Background
of the promoter in constructing and operating hospitals for similar
nature elsewhere in India or other countries.
(c) Financial
resources available with promoter
The promoter would be
expected to give proof of their capability to raise at least 15% of the
total project cost as equity.
In cases where the
promoters themselves do not have experience of constructing and managing
hospitals of similar standard, they would be required to obtain
collaboration from institutions or companies that have the requisite
experience.
PUDA will constitute a committee of experts to screen all
applications received and to rate them in accordance with the above
mentioned criteria.
PRICE OF LAND
The following prices will be charged for land :
SAS,Nagar (Sector 63) Rs. 1768.00 per sq.yd.
-do- other Sectors Rs. 1758.00 per sq.yd.
Patiala Rs. 1477.00 per sq.yd.
Ludhiana Rs. 2143.00 per sq.yd.
Jalandhar Rs. 1737.00 per sq.yd.
Phagwara Rs.
1456.00 per sq.yd.
Bathinda Rs. 1404.00 per sq.yd.
The above mentioned prices are
subject to revision by Punjab Urban Planning & Development Authority
(PUDA) from time to time.
TERMS OF PAYMENT
25% of land price
will have to be paid before possession is given. The remaining price
will be paid in six equated installments falling due after a period of
two years moratorium and shall attract an interest of 9% per annum on
reducing balance basis. The first installment will fall due after the
date of issue of letter for taking possession of the land is issued and
the subsequent ones at annual intervals thereafter. During the
moratorium period the interest will neither accrue nor be paid. However,
interest including penal interest will be chargeable if the installments
are not paid in time. The facility of moratorium shall be withdrawn in
case the installments are not paid in time and also if the project is
not completed and made fully functional within the stipulated period of
four years.
TIME FOR COMPLETION
The hospitals
should become functional within four years of taking possession of the
land.
IMPLEMENTATION SCHEDULE
In case the allottee does not take any effective steps for
implementation of the project after the expiry of one year from the date
of taking possession of the land then the plot shall be liable to be
resumed and the earnest money deposited shall be forfeited in full.
Steps in this context shall be implementation of the project as per the
activity schedule indicated in the project report along-with the
expenditure incurred in terms of total project cost.
The allottee shall give to the Chief Administrator and Estate Officer
six-monthly report on the effective steps taken for the implementation
of the project along-with the bench-mark achieved in physical as well as
financial terms as stipulated in the project report. The effective steps
for completion of project include both the completion of the building
and making the hospital functional.
In case the allottee has been taking effective steps for the
implementation of the project but fails to complete the project in the
stipulated period of four years then interest @15% per annum on compound
basis and penal interest shall be chargeable on the amounts due from the
date of allotment. The facility of interest free installments and
moratorium shall be withdrawn in case the project is not completed and
made fully functional within the stipulated period of four years.
In case of misutilization or non-utilization of the land or lack of
provision of state of art super-speciality facility as envisaged in the
project report, the land shall be resumed besides forfeiting the earnest
money deposited.
INSPECTION
PUDA shall reserve
the right of inspection of the premises to identify any miss-utilization
or non-utilization of land or transgression of basic conditions of
allotment including non-provision / lack of provision of state of art as
per speciality facilities as envisaged in the project report. In case of
violation of any of the conditions of allotment, the allotment shall be
liable to be cancelled and the plot shall be resumed. Such inspection
and fulfillment of all conditions of allotment is essential since the
land is being allotted on concessional rates for a specific purpose.
SERVICE TO THE NEEDY
Since the land is
being allotted on concessional basis by Punjab Urban Planning &
Development Authority, therefore, the allottee shall provide free of
cost treatment facility to the yellow card holders for the time being in
force up to 10% of the out-door patients and 5% of in – door patients.
The allottee shall document the facilities made available and details
thereof sent on regular basis to PUDA or any other such authority
declared by Government from time to time. The Department of Health and
Family Welfare of Punjab shall evolve suitable mechanism for referral of
such patients to the super specialty hospital.
ADDITIONAL INCENTIVES
PUDA would be bound by and accept any additional incentives which the
Empowered Committee being setup under the Chairmanship of the Chief
Secretary to the Government, as already decided in the Council of
Ministers for grant of the projects with an investment exceeding Rs.
100.00 crores, may decide.
In case of early payment by the applicant, an incentive @ 11% per annum
shall be allowed on the amount paid earlier, reckoning the date of
actual payment and the last date of such payment.
MODE OF ALLOTMENT
All
allotments shall be made after inviting applications through a public
notice / advertisement.
MODE OF APPLICATION
Interested
promoters may send their project reports to Addl.Chief Administrator
(Project), Punjab Urban Planning & Development Authority (PUDA), SCO No.
63-64, Sector 17-C, Chandigarh. The project report should indicate, in
particular, the following details :
(a) Nature and type of
super-speciality, treatment to be offered in the Hospital along with
number of beds.
(b) Background
of the promoter.
(c) Financial
resources available with the promoter supported by copies of bank
statements, balance sheets, profit and loss statement etc.
(d) Land
area required.
(e) Facilities
to be provided in the hospital and approx. built up area to be allotted
to each facility.
(f) Past
experience of the promoter in operating hospitals of similar standard.
(g) Bio-data
of Medical Directors, Hospital Manager as well as leading specialists
who would form the core management-cum-professional team of the
hospital.
(h) Copy
of collaboration with any other institute or company for provision of
medical expertise and services, if applicable.
(i) Total
cost of the project.
(j) Proposed
management structure of the hospital whether as a Society, company etc.
and proposed stake of the promoter in the management structure.
