REDAMCO Invitation: 33-Year Commercial Lease – Mardan Station Yard (16.9 Kanal) – Sealed Bids
REDAMCO Invitation · Mardan · Express,
Tender advertisement published in Express on Tuesday, 4 August 2026, listed under Mardan. Issued by REDAMCO Invitation. The last date printed on the advertisement was Thursday, 3 September 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: Grant of long-term mixed-use commercial lease of Pakistan Railways prime land at Mardan Station Yard on a long-term lease model. Lease term: 33 years (extendable for another term of 33 years). Building construction to follow local construction bye-laws.
| Location | Area (Kanal) | Coordinates | Bid Security (PKR Million) | Benchmark Commitment Fee (PKR Million, Non-refundable) | Benchmark Gross Revenue Share (PKR Million) |
|---|---|---|---|---|---|
| Mardan (Peshawar Division) | 16.9 | 34°10'56.2" N, 72°15'47.4" E | 1.03 | 1.083 | 1.700 |
Bidding method: Sealed bids submitted under a Single-Stage, Two-Envelope procedure on two variables (one-time non-refundable Premium/Commitment Fee and Gross Revenue Share). Bidders must submit a Technical Proposal with Bid Security in the form of CDR/Bank Draft in favor of Railway Estate Development & Marketing Company (Pvt) Limited. Bidding will be conducted in accordance with PPRA Rules 2004 (as amended).
Important dates and events:
Pre-bid meeting: 2026-08-18 at 02:00 PM at REDAMCO Head Office (attendance via Zoom is available).
Submission deadline (last date): 2026-09-03 by 02:00 PM at REDAMCO Head Office.
Technical bid opening: 2026-09-03 at 02:30 PM at REDAMCO Head Office (bidders or authorized representatives may attend).
Notes: Site details and list of Google map are available on www.redamco.com. Areas are subject to actual measurement at the time of possession. REDAMCO reserves the right to reject any or all bids as per PPRA Rules.
Contact & submission address: Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad. Manager Estate (North): Cell +92-332-9087945 & +92-302-5269452. Telephone: +92-51-9278717-20. Email: [email protected]. Website: www.redamco.com.
Published in Express on Tuesday, 4 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.