Rail Land Development Authority Tender

Work Description - Grant Of Sub-lease Hold Rights For Mixed Use Development, Operation And Maintenance Of Vertical Space Admeasuring Approximately 2,08,975 Sqm. Above Gsrtc Bus Terminal Building And Further Sub Leasing Of Constructed Built-up Space Collectively Hereinafter Referred To As Site, For The Term Of 90 Year

The Rail Land Development Authority, a Central Govt. Ministry/Department, invites tenders for the grant of sub-lease hold rights for a mixed-use development, operation, and maintenance of approximately 208,975 sq m of vertical space above the GSRTC Bus Terminal Building in New Delhi. This open tender (SITCO/HQ/Surat MMTH/2024/LP/CD/OTR/11), encompassing the construction and subsequent sub-leasing of built-up space, offers a 90-year lease term. Interested parties can download tender documents from January 10th, 2025, 6:00 PM to February 11th, 2025, 2:00 PM. Bid submission opens January 10th, 2025, 6:01 PM and closes February 11th, 2025, 3:00 PM, with bids opening on February 14th, 2025, at 3:30 PM. A tender fee of ₹88,500 and an EMD of ₹74,00,000 are required. This significant project falls under the "Miscellaneous Works" category and offers a substantial opportunity for commercial development.