REDAMCO Invitation for Sealed Bids — Lease of Pakistan Railways Prime Land (Rawalpindi Division)
REDAMCO Invitation for Sealed Bids · Islamabad · Dunya,
Tender advertisement published in Dunya on Thursday, 1 October 2026, listed under Islamabad. Issued by REDAMCO Invitation for Sealed Bids. The last date printed on the advertisement is Monday, 19 October 2026.
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Issuer: Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways. Purpose: Grant of lease rights for mix-use commercial development (shopping plaza/market, corporate offices, retail and factory outlets) on Pakistan Railways prime land through a single-stage, two-envelope sealed bid process against benchmark one-time (non-refundable) commitment fee and annual rental.
Eligibility & key terms: Firms, companies and individual bidders may apply. Lease period: 21 years (extendable for another 21 years). Annual increase in rent: 8% compounded. Mobilization period: 24 months from date of possession. Building construction to follow local construction bye-laws. Separate bid and bid security are required for each plot.
Important dates and submission:
Pre-bid meeting: 2026-10-09 at 14:00 at REDAMCO Head Office (attendance via Zoom available). Submission deadline: On or before 2026-10-19 at 14:00 at REDAMCO Head Office. Technical bid opening: 2026-10-19 at 14:30 at REDAMCO Head Office.
Bidding documents, maps and detailed terms are available on the REDAMCO website (www.redamco.com) and the PPRA website. Bids will be processed in accordance with PPRA Rules 2004 (amended up to date).
| Lot | Location | Area (sq ft) | Bid Security (PKR million) | Benchmark Commitment Fee (PKR million, non-refundable) | Benchmark Annual Rental (PKR million) |
|---|---|---|---|---|---|
| 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 |
Contact & submission address: Manager Procurement, REDAMCO. Cell: 0313-6601616, 0302-5269452. Phone: 051-9278717-20. Email: [email protected]. Corporate office: 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad.
Published in Dunya 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.
Questions about this tender
- What is the last date for this tender?
- The advertisement prints Monday, 19 October 2026.
- Which newspaper published this tender?
- Dunya, in the edition of Thursday, 1 October 2026.
- Which city is this tender for?
- Islamabad — the location listed for this advertisement.
- How do I respond to this tender?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.