Pakistan Railways: Invitation of Sealed Bids to Lease 17 Commercial Sites (Deadline 2026-09-22)

Issuer: Directorate of Property & Land, Pakistan Railways Headquarters Office, Lahore. Pakistan Railways invites sealed single-stage, two-envelope bids for leasing seventeen (17) Railway-owned sites to qualified commercial developers, real estate companies, construction firms, JV firms, consultants or authorized representatives for commercial development (e.g. commercial plaza/market, mixed-use commercial, IT park, hospital/healthcare unit, showrooms, food & retail outlets).

Key terms:

• Lease period: 21 years (extendable for a further 21 years).
• Annual increase in rent: 6% (compound).
• Mobilization period: 02 years from date of possession.
• Submission: Sealed bids to be submitted on or before 14:00 hours; bid opening at 14:30 hours on 2026-09-22.
• Commitment Fee: One-time non-refundable commitment fee and advance first-year annual rent payable within 30 days of issuance of Letter of Intent (LOI) by the successful bidder.
• Bidding documents, site list and bidding instructions are available from the Directorate of Property & Land, Pakistan Railways (Headquarters Office Lahore) and online at pakrail.gov.pk and ppra.org.pk.
• Contact: Director General, Directorate of Property & Land, Pakistan Railways Headquarters Office, Empress Road, Lahore. Phone: (042) 99201769 / 99201802 / 99200416.

Available sites (reference, division, location and site area as published):

Notes: Prospective bidders must obtain and submit original bidding documents as prescribed, attach required bid security and follow the single-stage two-envelope procedure. Full terms, benchmarks for commitment fee and benchmark annual rents for each site are specified in the bidding documents available from the Directorate of Property & Land, Pakistan Railways Headquarters Office, Lahore.