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LEASE: Pakistan Railways Prime Land Commercial Development Opportunities

Tender No: PID(I)1054-D/26
Expired Tender
Closing Date:
2023-10-17

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Railway Estate Development and Marketing Company (REDAMCO) under the Ministry of Railways is offering prime land on lease for commercial development across multiple cities in Pakistan. This golden business opportunity invites interested parties to participate in leasing prime railway land for various commercial projects. The locations include Peshawar, Islamabad, Rawalpindi, Haripur, Attock, Lahore, Faisalabad, Multan, Khanewal, Dera Ghazi Khan, Rahim Yar Khan, Sukkur, and Quetta. Items/properties available for lease include: - Mix Use Commercial - Commercial Plaza - Corporate Offices & IT Park - 3-S Dealership - Hospital/Healthcare - Hotel - Retail & Food Outlets This opportunity covers a wide range of commercial development projects on prime railway land, offering strategic locations and high potential for business growth. The scope includes development of commercial plazas, corporate offices, IT parks, automobile dealerships, healthcare facilities, hotels, and retail/food outlets. Interested bidders should have relevant experience in commercial real estate development and must comply with all regulatory requirements. Earnest money and bid security details will be provided in the bidding documents. The bids must be submitted by the deadline of 17th October 2023. The submission address is the 1st Floor, Corporate Office, Sector I-11/1, Service Road (South), Islamabad, Pakistan. For further information, bidders can contact the Manager Marketing at cell numbers 0329-5975969, 0302-5269452 or phone 051-9278717-20. A practical tip for bidders is to thoroughly review the lease terms and conditions on REDAMCO's official website www.redamco.com and prepare all required documentation carefully to avoid disqualification. Early submission is advised to ensure compliance with all procedural requirements.
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