Tenders Closed 30 Jun 2026
REDAMCO Invitation of Sealed Bids for Leasing Constructed Shops at Kharkhano Market, Peshawar
REDAMCO Invitation of Sealed Bids for Leasing Constructed Shops at Kharkhano Market, Peshawar · Peshawar · Express,
Tender advertisement published in Express on Friday, 12 June 2026, listed under Peshawar, Pakistan. Issued by REDAMCO Invitation of Sealed Bids for Leasing Constructed Shops at Kharkhano Market, Peshawar. The last date printed on the advertisement was Tuesday, 30 June 2026 and has passed.
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Issuer: Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways.
Purpose: Sealed single-stage, one-envelope bids are invited for leasing 48 constructed shops at Rail Market / near Kharkhano Market, Hayatabad, Peshawar on a 21-year lease against One-Time Premium (non-refundable) and Advance Annual Rent.
| Category | Shop Nos | Number of Shops | Bid Security (PKR) | Benchmark Premium (Million PKR) | Monthly Rent (PKR) |
|---|---|---|---|---|---|
| Category A | Shop No. 1–3 | 3 | 0.2 million (PKR 200,000) | 2.7 | 20,000 |
| Category B | Shop No. 4–33 | 30 | 0.1 million (PKR 100,000) | 2.0 | 17,000 |
| Category C | Shop No. 34–48 | 15 | 0.1 million (PKR 100,000) | 2.0 | 14,000 |
Key dates and submission:
Bid submission deadline: 2026-06-30 at 15:00. Bid opening: 2026-06-30 at 15:30 at Peshawar Cantt Railway Station (bidders or authorized representatives may attend).
Terms & payment highlights:
- Lease term: 21 years. Annual rent escalation: 8% compound escalation in annual rent.
- Bid documents / Terms & Conditions may be obtained during working hours from REDAMCO corporate office (Islamabad) or DS Office Peshawar Cantt.
- Bid document fee: PKR 1,000 per shop (payable as CDR/PO in favor of REDAMCO).
- Bid security must be submitted as CDR/Pay Order in favour of Railway Estate Development & Marketing Company (Pvt) Ltd and attached with the bid.
- Successful bidder must deposit the One-Time Premium as specified in the bid documents within 15 working days of issuance of the acceptance letter; failure may lead to forfeiture of bid security.
- REDAMCO reserves the right to accept/reject any or all bids or to split awards without assigning reasons.
How to apply: Submit a sealed envelope clearly mentioning the Shop Number and offer. Single-stage, one-envelope procedure will be followed.
Contact & address for queries:
Manager Estate North: Cell 0332-9087945 & 0302-5269452
Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad.
Published in Express on Friday, 12 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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