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REDAMCO Invitation for Sealed Bids — Lease of Prime Pakistan Railways Land (Rawalpindi Division)
REDAMCO Invitation for Sealed Bids · Rawalpindi · Nawa-i-Waqt,
Tender advertisement published in Nawa-i-Waqt on Thursday, 1 October 2026, listed under Rawalpindi. Issued by REDAMCO Invitation for 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 public-private partnership. Purpose: mix-use commercial development including shopping plaza/market, corporate offices, retail and factory outlets.
Key terms: 21-year lease (extendable for another 21 years); annual rent increase 8% compound; mobilization period 24 months from possession; construction as per local building bye-laws. Bids will be evaluated against benchmarks and require a one-time non-refundable commitment fee and bid security.
| Lot | Plot | Area (sft) | Bid Security (PKR Million) | Benchmark Commitment Fee (PKR Million, non-refundable) | Benchmark Annual Rental (PKR Million) |
|---|---|---|---|---|---|
| 1 | Plot-1 | 18,142 | 03 | 20 | 03 |
| 2 | Plot-2 | 18,142 | 03 | 20 | 03 |
| 3 | Plot-3 | 18,142 | 03 | 20 | 03 |
| 4 | Plot-4 | 18,142 | 03 | 20 | 03 |
| 5 | Plot-5 | 18,142 | 03 | 20 | 03 |
| 6 | Plot-6 | 18,142 | 03 | 20 | 03 |
| 7 | Plot-7 | 18,142 | 03 | 20 | 03 |
| 8 | Plot-8 | 18,142 | 03 | 20 | 03 |
| 9 | Plot-9 | 18,142 | 03 | 20 | 03 |
| 10 | Plot-10 | 18,142 | 03 | 20 | 03 |
Important dates and procedures:
Pre-bid meeting: 2026-10-09 at 02:00 PM at REDAMCO Head Office (attendance via Zoom available). Submission of bids: 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 will be conducted in accordance with PPRA Rules 2004. Bidding documents with detailed terms and conditions can be downloaded from the PPRA website and REDAMCO website. Duly filled sealed bids (plot number marked on top right of envelope) must be submitted by the stated deadline. REDAMCO reserves the right to reject any or all bids as per applicable rules.
Issuer and contact details: Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad. Manager Procurement (Cell): 0313-6601616, 0302-5269452. Phone: 051-927817-20. 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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