Pakistan Railways Invitation for Sealed Bids to Lease Commercial & Retail Properties – Deadline 2026-09-22

Directorate of Property & Land, Pakistan Railways Headquarters Office, Lahore invites sealed bids (single-stage, two-envelope) for the lease of multiple railway-owned commercial properties for uses including commercial complexes, IT parks, hospitals/health-care units, showrooms, food and retail outlets, and related commercial activities.

Key details:

• Issuer: Directorate of Property & Land, Pakistan Railways Headquarters Office, Lahore.
• Lease term: 21 years (with option to extend for a further 21 years).
• Annual rent increase: 8% (compound).
• Mobilization period: 02 years from date of possession.
• Bid format: Single-stage, two-envelope sealed bids based on two variables — annual rent (against benchmark) and a one-time (non-refundable) premium/commitment fee.
• Commitment fee: One-time, non-refundable amount equal to the first year’s annual rent payable by the successful bidder within 30 days of issuance of Letter of Intent (LOI).
• Submission deadline: Bids must be submitted on or before 14:00 hours on 2026-09-22. Bid opening at 14:30 hours on 2026-09-22.
• Bid security and specific lot benchmarks: Available for each listed site in the official bidding documents (amounts vary by lot).
• Eligibility: Open to reputed promoters, real estate companies/developers, construction companies, JV/firm arrangements, consultants/architect firms, and other qualified firms able to undertake commercial development (authorization/LOUs required as per bid documents).

Properties are listed across multiple Pakistan Railways divisions. Prospective bidders should consult the official bidding documents for full lot details, required bid securities, benchmark rents, and submission instructions.

Where to obtain bidding documents and further information: Directorate of Property & Land, Pakistan Railways Headquarters Office, Empress Road, Lahore. Bidding documents and site lists are also available on official websites (Pakistan Railways and PPRA) as indicated in the tender notice. For enquiries contact the Directorate at the numbers given in the notice.

Important: Refer to the official bidding documents for full terms & conditions, exact lot areas, bid security amounts, submission procedures, documentation requirements, and evaluation criteria.