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REDAMCO Invitation of Sealed Bids for Lease of Prime Railway Land (Rawalpindi) — 21-Year Mix‑Use Plots
REDAMCO Invitation of Sealed Bids for Lease of Prime Railway Land (Rawalpindi) · Islamabad · Dunya,
Tender advertisement published in Dunya on Thursday, 1 October 2026, listed under Islamabad, Pakistan. Issued by REDAMCO Invitation of Sealed Bids for Lease of Prime Railway Land (Rawalpindi). 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 grant of lease rights on 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:
| Purpose | Mix‑Use Commercial, Shopping Plaza/Market, Corporate Offices, Retail Outlets and Factory Outlets |
|---|---|
| Period of Lease | 21 Years (Extendable for another 21 Years) |
| Annual Increase in Rent | 08% Compound |
| Mobilization Period | 24 Months from the Date of Possession |
| Building Construction | As per Local Construction Bye Laws |
| Bidding Rules | Conducted in accordance with PPRA Rules 2004 |
Important dates and submission:
| Pre‑Bid Meeting | 2026-10-09 at 02:00 PM at REDAMCO Head Office (also available on Zoom) |
|---|---|
| Last Date & Time for Submission of Bids | 2026-10-19 at 02:00 PM at REDAMCO Head Office |
| Date & Time of Technical Bid Opening | 2026-10-19 at 02:30 PM at REDAMCO Head Office |
Lot details (Rawalpindi Division):
| Lot | Location | Area (Sft) | Bid Security (PKR Million) | Benchmark Commitment Fee (PKR Million, Non‑refundable) | Benchmark for 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 |
Eligibility and submission notes: Firms, companies and individual bidders may submit bids. A separate bid along with bid security fee for each plot in favor of Railway Estate Development & Marketing Company (Pvt) Ltd. is required. Duly filled sealed bids (with the bid marked on top right corner of the envelope) should be submitted at the address below by the submission deadline. REDAMCO reserves the right to accept/reject any or all bids as per applicable rules.
Downloads, maps and detailed terms: The bidding document containing detailed terms and conditions can be downloaded from the PPRA website and REDAMCO website. A list of plots and Google map is available on www.redamco.com.
Contact & office address:
| Manager Procurement | Cell: 0313‑6601616 & 0302‑5269452 |
|---|---|
| Phone | 051‑9278717‑20 |
| [email protected] | |
| Address | Railway Estate Development & Marketing Company (Pvt) Ltd. (REDAMCO), 1st Floor, Corporate Office, Service Road (South), Sector I‑11/1, Islamabad, Pakistan |
| Website | www.redamco.com |
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.
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