Pakistan Railways Invitation for Sealed Bids — 17 Commercial Sites for Long‑term Lease (Bid Deadline 2026-09-22)

Issuer: Directorate of Property & Land, Pakistan Railways Headquarters Office, Lahore. Purpose: Lease of 17 Pakistan Railways sites for commercial development (commercial plazas/markets, mixed-use commercial, IT park, hospital/health care unit, showrooms, food and retail outlets).

Key terms:

• Lease period: 21 years (extendable for a further 21 years).
• Annual increase in rent: 8% (compound).
• Mobilization/possession period: 02 years from date of possession.
• Bids to be submitted on a single-stage, two-envelope basis: (i) Technical/qualification envelope and (ii) Financial envelope with offered bid against benchmark annual rent plus one-time non-refundable commitment fee (premium).
• Commitment fee (one-time, non-refundable) and advance first year annual rent by the successful bidder are payable within thirty (30) days of issuance of Letter of Intent (LOI).

Submission and opening:

• Deadline for submission: 2026-09-22 by 14:00 hours.
• Bid opening: 2026-09-22 at 14:30 hours.
• Bids received after the specified time/date will be rejected.

Eligibility and how to obtain documents:

• Eligible bidders: Commercial property developers, real estate companies/developers, construction companies/firms, JV/firms, consultants/architect/interior firms, individuals with Letter of Understanding/Authorization from commercial development company or construction company (as specified in the bid document).
• Bidding documents available from the Directorate of Property & Land, Pakistan Railways Headquarters Office, Lahore. (A non‑refundable fee is required to obtain the documents — see office for exact amount.)
• Further details, full bidding schedule (site areas, required bid security amounts, benchmark one‑time commitment fees and benchmark annual rents) and bidding forms are available at the Directorate of Property & Land, PR Headquarters, Lahore and on the Pakistan Railways website.

Major site summary (total 17 sites):

Important notes:

• Each bid must be accompanied by the prescribed bid security as indicated in the bidding schedule for each site.
• Original bidding documents must be signed by an authorized representative of the bidder and submitted by the stated deadline.
• For further clarifications, document purchase and submission, contact the Directorate of Property & Land, Pakistan Railways Headquarters, Empress Road, Lahore. Phone: (042) 99201769, 99201802, 99200416.

Interested bidders should obtain the full bid document and schedule from the issuing office (or Pakistan Railways website), verify site-specific requirements and submit sealed bids by the stated deadline.