Rail Land Development Authority Tender

Work Description - Grant Of Sub-lease Hold Rights For Commercial Development, Operation And Maintenance Of Vertical Space Admeasuring Approximately 67,020 Sqm Of Total Builtup Area 9,570 Sqm Bua Constructed By Sitco, 28,645 Sqm Bua Airspace And Permissible Bua Of 28,805 Sqm On Plot Area Of 2,765 Sqm In Mlcp At East Side Surat Railway Station Area For A Period Of 60 Years

The Rail Land Development Authority, a Central Government Ministry/Department, invites open tenders for the grant of sub-lease hold rights for commercial development, operation, and maintenance of vertical space at the East Side Surat Railway Station Area. This opportunity encompasses approximately 67,020 square meters of total built-up area, including 9,570 square meters constructed by SITCO, 28,645 square meters of airspace, and a permissible built-up area of 28,805 square meters on a plot of 2,765 square meters. The sub-lease will be granted for a period of 60 years. The tender, referenced as SITCO/HQ/Surat MMTH/2025/LP/CD/01, falls under the "Works" category and is titled "GRANT OF SUBLEASE FOR COMML DEVPT VERTICAL SPACE AT EAST SIDE SURAT RAILWAY STATION AREA". A tender fee of ₹59,000 and an Earnest Money Deposit (EMD) of ₹10,000,000 are required. The e-publication date is February 19, 2025. The tender document can be downloaded from February 24, 2025, at 06:00 AM until April 30, 2025, at 02:00 PM. The bid submission window opens on February 24, 2025, at 06:01 AM and closes on April 30, 2025, at 03:00 PM. The bid opening date is scheduled for April 30, 2025, at 03:30 PM. The Tender Inviting Authority can be contacted in New Delhi; refer to the NIT for the specific name. This tender presents a significant opportunity for developers seeking to establish a commercial presence in a prime railway station location.