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REDAMCO Invitation of Sealed Bids — 10 Commercial Plots for 21‑Year Lease in Rawalpindi (Pakistan Railways Prime Land)
REDAMCO Invitation of Sealed Bids · Rawalpindi · Nawa-i-Waqt,
Tender advertisement published in Nawa-i-Waqt on Thursday, 1 October 2026, listed under Rawalpindi, Pakistan. Issued by REDAMCO Invitation of Sealed Bids. The last date printed on the advertisement is Monday, 19 October 2026.
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Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways, invites sealed bids under a single-stage, two-envelope procedure for lease of Pakistan Railways prime land on a lease model for mix-use commercial development including shopping plaza/market, corporate offices, retail outlets and factory outlets.
Key terms: 21‑year lease (extendable for another 21 years); 8% compound annual rent increase; 24 months mobilization period from date of possession; construction as per local construction bye‑laws. Bids to be submitted against benchmark non‑refundable commitment fee and one‑time (non‑refundable) commitment fee as listed per lot.
| Lot No | Location | Area (sqft) | Bid Security (PKR Millions) | Benchmark Commitment Fee (PKR Millions, Non‑refundable) | Benchmark Annual Rental (PKR Millions) |
|---|---|---|---|---|---|
| Plot‑1 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑2 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑3 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑4 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑5 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑6 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑7 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑8 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑9 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
| Plot‑10 | Rawalpindi Division | 18,142 | 3 | 20 | 3 |
Schedule and procedure:
Pre‑bid meeting: 2026-10-09 at 02:00 PM at REDAMCO Head Office (attendance via Zoom available). Submission deadline: on or before 2026-10-19 at 02:00 PM at REDAMCO Head Office. Technical bid opening: 2026-10-19 at 02:30 PM at REDAMCO Head Office. Bidding is governed by PPRA Rules 2004 (as amended).
Instructions: bidding documents, detailed terms and conditions, and list of plots with Google map are available on www.redamco.com and the PPRA website. Each sealed bid must include the required bid security and commitment fee for the specific plot; incomplete or conditional bids and bids without specified bid security will be rejected. Separate bids and bid security fees are required for each plot.
Contact & submission address: Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), 1st Floor, Corporate Office, Service Road (South), Sector I‑11/1, Islamabad. Phone: 051‑9278717‑20; Procurement Cell: 0313‑6601616 & 0302‑5269452. Email: [email protected]. Website: www.redamco.com.
Published in Nawa-i-Waqt on Thursday, 1 October 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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