REDAMCO E-Bids for 21-Year Railway Land Leases in Peshawar and Karachi
Peshawar, Karachi · The Express Tribune,
Tender advertisement published in The Express Tribune on Tuesday, 10 November 2026, listed under Peshawar, Karachi. The last date printed on the advertisement is Wednesday, 25 November 2026.
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Railway Estate Development and Marketing Company (Pvt) Ltd (REDAMCO), a Ministry of Railways subsidiary and state-owned enterprise, invites electronic bids for leasing Pakistan Railways land through a public-private partnership. Bidding will follow the single-stage, two-envelope procedure through EPADS v2.0, with a non-refundable one-time commitment fee and annual rent.
Permitted uses include mixed-use commercial development, shopping plazas and marts, corporate offices, IT parks, hotels, hospitals and healthcare facilities, 3-S dealerships, retail outlets and food outlets. The land is offered on an as-is-where-is basis.
| Division | Site | Area (sq. ft.) | Bid Security (PKR million) | Benchmark Non-Refundable Commitment Fee (PKR million) | Benchmark Annual Rent (PKR million) |
|---|---|---|---|---|---|
| Peshawar | Old GTS Adda, Peshawar | 21,302 | 2.5 | 150 | 12 |
| Karachi | Hoshang Road, Karachi | 25,270 | 1 | 300 | 30 |
| Lease Condition | Requirement |
|---|---|
| Lease period | 21 years, extendable for another 21 years |
| Annual rent increase | 6% compounded |
| Mobilization period | 24 months from the date of possession |
| Building construction | Subject to local construction bylaws |
Interested firms, companies, individual consultants, sole proprietorships, partnership firms and private limited companies may participate. A separate bid and bid security are required for each plot. Bid security must be furnished in favour of Railway Estate Development and Marketing Company (Pvt) Limited.
The pre-bid meeting will be held on November 12, 2026, at 2:00 PM at REDAMCO Head Office, with participation also available through Zoom. Electronic bids must be submitted through EPADS v2.0 by November 25, 2026, at 2:00 PM. Technical bids will be opened online on the same day at 2:30 PM at REDAMCO Head Office. Manual bids will not be accepted.
E-bidding documents containing detailed terms, conditions, specifications and requirements are available to registered bidders at https://epads.gov.pk/. Bidding documents may also be downloaded from the PPRA website and EPADS v2.0. The process is governed by the Disposal of Public Assets Regulations 2026. Participating bidders will receive automatic EPADS notifications of preliminary e-disposal results, followed by final results in accordance with the bidding documents.
Incomplete or conditional bids, and bids without the required bid security, will be rejected. Under PPRA Rules 2026, REDAMCO reserves the right to reject all bids at any time before acceptance or approval without incurring liability.
The plot list and Google map are available at www.redamco.com. Plot areas are subject to actual measurement at the time of possession.
For enquiries, contact the Manager Procurement at 0313-6601616 or 0302-5269452, telephone 051-9278717-20, or email mp@redamco.com. Office address: Railway Estate Development and Marketing Company (Pvt) Ltd, 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad, Pakistan. Website: www.redamco.com. Reference: PID(I)4230/26.
Published in The Express Tribune on Tuesday, 10 November 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.