REDAMCO Sealed Bids: 33-Year Lease of Pakistan Railways Land at Mardan Station (16.9 Kanal)
REDAMCO Sealed Bids · Mardan · Jang,
Tender advertisement published in Jang on Tuesday, 4 August 2026, listed under Mardan. Issued by REDAMCO Sealed Bids. The last date printed on the advertisement was Thursday, 3 September 2026 and has passed.
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Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways, invites sealed single-stage, two-envelope bids from local firms/companies and individual bidders for long-term lease (Long Term Lease Model) of Pakistan Railways prime land available at Mardan Station Yard. The lease is offered against the reserved price/benchmarks on a one-time (non-refundable) premium/commitment fee and gross revenue share basis.
Key details:
| Issuer | Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), Ministry of Railways |
|---|---|
| Purpose | Mixed-use commercial development on lease of Pakistan Railways land at Mardan Station Yard |
| Period of Lease | 33 years (extendable for another term of 33 years) |
| Building Construction | As per local construction bye-laws |
| Pre-Bid Meeting | 2026-08-18 at 02:00 PM at REDAMCO Head Office (also attendable on Zoom) |
| Submission of Bids | On or before 2026-09-03 at 02:00 PM at REDAMCO Head Office |
| Technical Bid Opening | 2026-09-03 at 02:30 PM at REDAMCO Head Office |
Property record:
| S. No. | Location | Area (Kanal) | Coordinates | Bid Security (PKR Million) | Benchmark Commitment Fee (PKR Million, non-refundable) | Benchmark Gross Revenue Share (PKR Million) |
|---|---|---|---|---|---|---|
| 1 | Mardan | 16.9 | 34°10'51.42"N, 72°1'57.44"E | 10 | 1,083 | 1,700 |
Important notes:
- Bidding will be conducted in accordance with PPRA Rules 2004 (as amended).
- List of sites and Google maps are available on www.redamco.com. Areas shall be subject to actual measurement at the time of possession.
- Bid security in the shape of CDR/Bank draft in favor of Railway Estate Development & Marketing Company (Pvt) Limited must accompany the technical proposal.
- Duly filled sealed bids (bidder details marked on top right corner of the sealed envelope) should be submitted at the given address before the submission deadline. Bids will be opened on the same date and time in presence of bidders or their authorized representatives.
- REDAMCO reserves the right to reject all bids at any time prior to acceptance/approval of a bid without incurring any liability.
- Prospective bidders are advised to review the detailed bid document available on the REDAMCO website and the PPRA website for further details and clarifications.
Contact & submission address:
Manager Estate (North), Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad, Pakistan.
Phone: 051-9287717-20. Cell: 0332-9087945, 0302-5269452. Email: [email protected]. Website: www.redamco.com.
Published in Jang 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.