Tender Details
Description / Scope of Work
Pakistan Railways Headquarters Office, Lahore invites sealed bids for the leasing of seventeen (17) commercial property sites across multiple divisions for development as commercial plazas, mixed-use commercial spaces, IT parks, healthcare units, showrooms, food and retail outlets. The scope spans Peshawar Division (12 sites including Kabul River locations, Attock City, Risalpur, and Mardan), Rawalpindi Division (1 site near Bakery Chowk), Lahore Division (2 sites including Faisalabad Tariqabad Road), and Sukkur Division (2 sites in Sadiqabad). Lease period is fixed at 21 years, extendable for a further 21 years, with 8% compound annual rent increase and a 2-year mobilization period from possession. Total estimated commitment fees and annual rents range from Rs 2 to Rs 160 million per site.
Bidders must be Commercial Property Developers, Real Estate Companies, Construction Companies, Joint Ventures, Consultant/Architect Firms, or individuals authorized by such entities through formal Letter of Understanding and Authorization. Eligible bidders are required to submit bid security in the form of Pay Order, CDR, Bank Draft, or Demand Draft made out to FA&CAO/PR. The bidding documents are available online at www.pakrail.gov.pk and www.ppra.gov.pk for reference, but must be obtained from the Directorate of Property & Land by depositing Rs 10,000 (non-refundable) per site.
Bids must be submitted in two sealed envelopes on a single stage basis, with quotations required for both annual rent against benchmark and one-time non-refundable commitment fee for each site separately. Submissions close at 14:00 hours on 22.09.2026, with opening at 14:30 hours the same day in the presence of bidders or authorized representatives. The successful bidder must pay the commitment fee and advance first-year annual rent within thirty days of Letter of Intent issuance. Pakistan Railways reserves the right to reject any or all bids and annul the bidding process at any time prior to contract award without liability. For inquiries, contact the Director General at Empress Road, Lahore, telephone (042-99201769, 99201802, 99200416).
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender — not part of the official notice. Always confirm details against the original tender document.
This is a large-scale, multi-site commercial leasing opportunity across Pakistan Railways' property portfolio spanning four provincial divisions.
Bidders can cherry-pick individual sites or bid for multiple plots; commitment fees range from Rs 2.5 to Rs 160 million, with annual rents from Rs 1 to Rs 20.5 million, signaling diverse asset quality and location appeal. The 21-year tenure with extension option and 2-year mobilization grace period suggest developer-friendly terms, though the September 2026 closing date is tight for large consortium assembly. Site sizes vary from 1,000 to 119,500 square feet; the Sadiqabad near L-crossing (SUK-1) at 119,540 sft is notably the largest. This is a one-off bid round, not a framework or standing offer.
Who can bid: Bidders must be registered Commercial Property Developers, Real Estate Companies, Construction Companies, JVs, or Consultant/Architect Firms; alternatively, individuals holding formal Letter of Understanding and Authorization from such entities. Registration with SECP or relevant provincial real estate authority is typically required. No specific PEC category or NTN threshold stated in the notice.