Lease Rights for Pakistan Railways Land at Peshawar Old GTS Adda and Karachi Hoshang Road

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), a subsidiary of the Ministry of Railways, invites electronic bids through EPADS v2.0 for the disposal of public assets by granting lease rights on Pakistan Railways land. This public-private partnership opportunity covers mixed-use commercial properties including shopping plazas, markets, corporate offices, IT parks, hotels, hospitals/healthcare facilities, 3-S dealerships, retail outlets, and food outlets. The lease period is 21 years, extendable for another 21 years, with an annual rent increase of 8% compounded. Mobilization period is 24 months from possession date, and building construction must comply with local construction bye-laws. Items being auctioned: - Peshawar Old GTS Adda site, 21,302 sqft, Bid Security PKR 2.5 Million, Fix Benchmark Commitment Fee PKR 150 Million, Benchmark Annual Rental PKR 12 Million - Karachi Hoshang Road site, 25,270 sqft, Bid Security PKR 1 Million, Fix Benchmark Commitment Fee PKR 300 Million, Benchmark Annual Rental PKR 30 Million Interested firms, companies, and individuals must submit bids electronically by 25-11-2026 at 02:00 PM at REDAMCO Head Office. Technical bid opening will be on the same day at 02:30 PM. A pre-bid meeting is scheduled for 12-11-2026 at 02:00 PM at REDAMCO Head Office or via Zoom. Manual bids are not accepted. Bidders must provide separate bid security for each plot. The bidding document with detailed terms and conditions is available on the PPRA website and EPADS portal. REDAMCO reserves the right to reject any or all bids without liability. For further queries, contact the Manager Procurement at the provided phone numbers or email. This is a prime opportunity for bidders to secure long-term lease rights on prime railway land with clear terms and a transparent electronic bidding process. Ensure timely submission and compliance with bid security requirements to avoid disqualification.