Tender Details
Description / Scope of Work
The Government of Pakistan, Ministry of Housing & Works, through Estate Office Management, Karachi, invites electronic bids for a long-term lease of a government-owned commercial plot situated in the Federal Capital Area near Ibrahimi Masjid, Karachi. The property comprises approximately 9,855 square feet (1,095 square yards or 1.81 kanal) and is intended for the development, construction, operation and maintenance of a modern Marquee, Marriage Hall and Event Complex with approved ancillary facilities. The lease tenure is 20 years subject to competent authority approval and execution of a final lease agreement. The reserve base rent is set at Rs. 200,000 per month with an annual escalation of 10% following completion of each lease year. This is a significant commercial real estate opportunity in Karachi's Federal Capital Area.
The procurement is open to eligible Pakistani individuals, firms, companies, joint ventures and consortiums. Bidders must submit bids electronically through the EPADS 2.0 portal; manual or physical submissions will not be entertained. The bid shall include a Technical Proposal (weighted 80%) and a Financial Proposal (weighted 20%), with a minimum technical qualifying score of 35 out of 50 required for further evaluation. Bid security of Rs. 48,000 (equivalent to 2% of the reserve annual lease rent) must be furnished. Bidders are required to independently satisfy themselves regarding all site conditions including access, ground conditions, utilities, drainage, parking and planning restrictions before submitting their proposals.
Bids must be submitted electronically through EPADS 2.0 before the closing date and time of 13 November 2026 at 9:30 AM. The bids will be opened on the same day at 11:30 AM. The bidding shall be conducted under the Single Stage–Two Envelope Procedure in accordance with applicable Public Procurement Rules and PPRA regulations. Bidders should obtain complete bidding documents from the Estate Office Management, Karachi, and direct all queries and submissions through the EPADS 2.0 platform. Any original documents expressly required by the bidding documents to be physically delivered must be submitted by the prescribed deadline.
For Bidders: Our Analysis PAKISTANTENDER INSIGHT
Independent analysis by PakistanTender, written with AI from the official notice and checked by our quality rules — not part of the official notice. Always confirm details against the original tender document.
This is a 20-year ground lease for a 1.81-kanal commercial plot in Karachi's Federal Capital Area, reserved for development of an event venue complex.
The base rent of Rs. 200,000 monthly escalates 10% annually; total revenue commitment will exceed Rs. 2.4 crore over the lease term. Technical evaluation (80% weighting) heavily favours experience in event space design and operations. The November 2026 closing date provides 12+ months for due diligence and proposal preparation. This is a single recurring long-term opportunity rather than project-based work, requiring operational capability post-construction.
Who can bid: Open to Pakistani individuals, firms, companies, joint ventures and consortiums. Bidders must demonstrate financial capacity to pay bid security (Rs. 48,000), sustain monthly rent payments with 10% annual escalation, and finance development and operations. No specific professional registration (PEC/SECP) is stated; typically, consortiums require lead-member identification and joint liability documentation.