REDAMCO Invitation for Sealed Bids to Lease Constructed Shops at Karkhano Market, Peshawar
REDAMCO Invitation for Sealed Bids to Lease Constructed Shops at Karkhano Market, Peshawar · Peshawar · Express,
Tender advertisement published in Express on Friday, 12 June 2026, listed under Peshawar. Issued by REDAMCO Invitation for Sealed Bids to Lease Constructed Shops at Karkhano Market, Peshawar. The last date printed on the advertisement was Tuesday, 30 June 2026 and has passed.
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Issuer: Railway Estate Development & Marketing Company (Pvt) Ltd (REDAMCO), a subsidiary of the Ministry of Railways.
Purpose: Invitation of sealed bids (single-stage, one-envelope) for leasing constructed shops at Karkhano Market near Hayatabad Railway/Peshawar Cantt on PPR land on a one-time non-refundable premium plus advance annual rent basis for a period of 21 years (extendable for another 21 years).
Key dates and venue:
Bid submission: 2026-06-30 by 15:00 hrs at Peshawar Cantt Railway Station.
Bid opening: 2026-06-30 at 15:30 hrs at Peshawar Cantt Railway Station (in the presence of bidders or authorized representatives).
General conditions and requirements:
- Bid documents/terms & conditions can be obtained during working hours from REDAMCO corporate office in Islamabad or DS Office, Peshawar Cantt.
- Bid document fee: PKR 10,000 per shop (payable as CDR/PO in favor of REDAMCO).
- Separate bid security (CDR/PO) required for each shop as specified in the bid documents.
- Successful bidders must execute the lease agreement and deposit the one-time premium and required advance rent (including any specified security) within 15 working days of issuance of acceptance letter; failure to comply will result in forfeiture of the offer.
- Annual rent escalation: 8% compound escalation.
- REDAMCO reserves the right to accept or reject any or all bids, or annul the bidding process without assigning any reason.
Contact for queries and submission:
Manager Estate North — Cell: +92-332-9087945 & +92-302-5269452
REDAMCO Corporate Office: 1st Floor, Corporate Office, Service Road (South), Sector I-11/1, Islamabad. Phone: 051-9278717-20. Website: www.redamco.com.pk
Shop categories and financial benchmarks:
| Category | No. of Shops | Approx. Size (ft) | Bid Security (PKR million) | Benchmark Premium (PKR million) | Monthly Rent (PKR) |
|---|---|---|---|---|---|
| Category A | 3 | 17' x 15' | 0.2 | 2.0 | 20,000 |
| Category B | 30 | 12' x 15' | 0.1 | 1.2 | 17,000 |
| Category C | 15 | 10' x 12' | 0.1 | 1.0 | 14,000 |
Total shops offered: 48. Location: Rail market / shops near Karkhano Market, Hayatabad, Peshawar.
Published in Express on Friday, 12 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this tender
- What is the last date for this tender?
- The advertisement prints Tuesday, 30 June 2026. That date has passed.
- Which newspaper published this tender?
- Express, in the edition of Friday, 12 June 2026.
- Which city is this tender listed under?
- Peshawar. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- How do I respond to this tender?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.