Lease of GDA River View Family Park near CM Secretariat, Gilgit

Gilgit Development Authority (GDA) intends to lease out GDA River View Family Park situated near CM Secretariat in Gilgit for a period of three years, extensible for two additional years, subject to satisfactory performance and adherence to approved terms and conditions. The park, located at a prime location in Gilgit city, offers strong commercial potential and is being offered through sealed competitive bidding. Interested developers, firms, and parties are invited to submit technical and financial proposals in a single stage two envelopes format. This lease opportunity represents a significant commercial venture in the Gilgit region, targeting entrepreneurs and organizations capable of developing and managing a family recreational facility.

Eligible bidders must be registered with relevant professional bodies such as SECP or Registrar of Firms, registered with Government of Pakistan with active taxpayer status, and not blacklisted by any government department or entity. Bidders must maintain a minimum closing balance of Rs. 5 million and submit security equivalent to Rs. 0.2 million in freely convertible currency or bank guarantee form. Valid professional registration and tax compliance are mandatory prerequisites for participation in this tender.

Bidding documents are available from the office of Assistant Director (Land), GDA during office hours upon payment of a non-refundable fee of Rs. 10,000 per set, valid until August 2026. The technical bid will be opened on the advertised date and time, with financial proposals of qualified bidders to follow after technical evaluation. All submissions must reach the Deputy Director Land Development, GDA, Yadgar Chowk, Gilgit by 11:30 AM on August 24, 2026. Interested parties may contact GDA at Phone: 0811-922307 or Fax: 0811-922308 for further clarification regarding this lease opportunity.

GDA is leasing a family park at a prime Gilgit location for three years with two-year extension option. This is a commercial property development lease rather than construction or service procurement—scope appears medium to large depending on park size and planned investment. Bidders need Rs. 5 million liquid balance and Rs. 0.2 million bid security; deadline is tight (August 24, 2026) and document fee is Rs. 10,000. The lease is one-off but extensible, making it potentially attractive for hospitality or recreation operators with capital and government registration.

Who can bid: Registered firms/parties with SECP or Registrar of Firms status, active Government of Pakistan taxpayers, non-blacklisted status required. Minimum closing balance Rs. 5 million mandatory. Typically for commercial leases, NTN and provincial tax compliance also required; verify current GDA registration rules with their office.