LEASE: Pakistan Railways Prime Land at Mardan Station Yard Long Term Lease

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 (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways, invites sealed bids for the long-term lease of prime land at Mardan Station Yard. This opportunity is offered on a mix-use commercial basis with a lease period of 33 years, extendable for another 33 years. The lease includes the right to construct buildings as per local construction bye-laws. Items being leased: - Location: Mardan - Area: 16.9 Kanal - Coordinates: 34°10'51.42"N, 72°1'57.44"E - Bid Security: PKR 10 Million - Benchmark for Commitment Fee (Non-refundable): PKR 1,083 Million - Benchmark for Gross Revenue Share: PKR 1,700 Million The bidding process follows PPRA Rules 2004 (amended). Interested bidders must submit a non-refundable premium/commitment fee and gross revenue share offers. Bid security in the form of CDR or Bank Draft in favor of REDAMCO is mandatory with the technical proposal. The pre-bid meeting is scheduled for 18-08-2026 at 02:00 PM at REDAMCO Head Office with an option to attend via Zoom. Submission deadline is 03-09-2026 at 02:00 PM, with technical bids opening the same day at 02:30 PM at REDAMCO Head Office. Bidders should carefully review the detailed bid document available on the REDAMCO website and PPRA portal. The areas are subject to actual measurement at possession. REDAMCO reserves the right to reject any or all bids prior to acceptance without liability. For successful participation, ensure your bid includes all required financial instruments and is submitted before the deadline. Early preparation of bid security and commitment fee documentation will help avoid last-minute issues.