RFP publication
RFP Notice dated 20.08.2026.
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Grant of Lease for commercial development of Railway Land at Tiruchirappalli
Rail Land Development Authority · Tiruchirappalli, Tamil NaduRLDA/2026/RFP/CD/62 of 2026::Land Parcel Tiruchirappalli at Melapudur main road
Written by TenderKart AI from the documents published when it was generated. Check the tender for later corrigenda before you bid.
20 Aug 2026
14 Oct 2026
₹74 Cr
₹1 Cr
All important dates as they stand after corrigenda: publication, pre-bid/clarification deadline, bid submission deadline, bid opening, and bid validity period.
RFP Notice dated 20.08.2026.
Online pre-bid meeting: 15.09.2026 at 11:30 hrs; last date for queries: 22.09.2026 up to 18:00 hrs; replies/amendments scheduled for 29.09.2026.
Latest e-bid submission deadline: 14.10.2026 up to 15:00 hrs; technical/e-bid opening: 14.10.2026 at 15:30 hrs. The document-download deadline is 13.10.2026 up to 23:59 hrs.
150 days. ITB Clause 1.6 measures this from bid opening, while Bid Forms 1 and 12 say from the Bid Due Date; both events occur on 14.10.2026, so the calendar expiry is unaffected.
Tender value or estimated cost, EMD/bid security (amount, acceptable forms, validity), tender document fees, performance security, and key payment terms.
Reserve Price/MG floor is Rs. 74.00 Crore in NPV terms for 8,557 sqm, FSI 3.25 and 27,810 sqm built-up area. Revenue share must be at least 10%; evaluation uses the highest NPV at a 10.50% discount rate with Base Date 01.11.2026.
Non-refundable charges: portal registration Rs. 2,500 plus applicable taxes; tender processing fee Rs. 5,000 plus GST (Rs. 5,900 total); Bid Document Fee Rs. 50,000 plus 18% GST (Rs. 59,000 total). No MSME relaxation for the Bid Document Fee.
Rs. 1,00,00,000/- (Rupees One Crore Only), minimum validity 180 days from Bid Submission Date. It is accepted only online through the RLDA e-tendering portal/e-payment gateway; DD, pay order, banker's cheque and direct deposits are not accepted, with no MSME relaxation. Unsuccessful bidders receive it without interest; the selected bidder receives it after Lease Agreement signing.
Performance Guarantee and Bank Guarantee are expressly Not Applicable for this project. Form 15 is also labelled Not Applicable.
Commitment Amount (Down Payment): Rs. 7.40 crore, payable electronically within 30 days of Letter of Demand. Annual revenue share/MAG follows the accepted 60-year Business Plan through escrow; annual reconciliation requires the higher of cumulative MAG or actual revenue share. Shortfall is payable within 12 months with 10.50% p.a. for up to 3 months and 12.50% p.a. thereafter up to 12 months; beyond 12 months RLDA may terminate.
Annual Lease Rent is Rs. 1,000, escalated 15% every three years compounded, payable in advance by 10 April each financial year from Lease Agreement execution; late payment bears 10.50% p.a. compounded annually. The MG realization schedule is 25% by 31.03.2036, 50% by 31.03.2042, 70% by 31.03.2052 and 100% by 31.03.2057, plus at least 1% of Reserve Price NPV each year until the Reserve Price is realized. Taxes/GST are extra.
Every pass/fail eligibility and qualification requirement: experience and past performance, turnover/net worth, registrations and certifications, consortium/JV rules, and debarment or blacklisting conditions.
Permitted bidder types include an individual, registered LLP, registered co-operative society/society/trust, SEBI-registered REIT/AIF, Indian public/private company, or eligible consortium. Only registered LLPs may bid as firms; partners of other registered partnership firms may bid individually or through a consortium. Foreign companies are not eligible because the tender value is up to Rs. 200 Cr., subject also to Government restrictions.
In the 10 financial years preceding Bid Submission Date, complete either one Indian real-estate project with at least 11,125 sqm built-up area, or multiple Indian real-estate projects totaling at least 27,810 sqm. Residential, commercial, township and institutional projects qualify. Completed, ready-for-occupation area in partly completed projects counts if certified in Bid Form 3B.
A qualifying SEBI-registered Trust/Fund without its own experience must submit Bid Form 3A and contract, within 105 days of LOA, an India-authorized entity meeting the technical experience; that entity must remain through completion. Failure to establish the credential cancels LOA and forfeits Bid Security and Commitment Amount, with any prescribed LD.
Meet any one: average annual total/gross turnover of Rs 29,60,00,000/- over FY 2023-24, 2024-25 and 2025-26; net worth of Rs 29,60,00,000/- as at 31.03.2026; or, for a SEBI Trust/Fund, Available Capital Investment of Rs 29,60,00,000/- as at 31.03.2026. Bid Form 4 must be certified by Statutory Auditor/CA with UDIN and supported by audited statements/ITRs.
Maximum four members. Aggregated financial eligibility counts only for members holding at least 26%; the Lead Member must hold at least 26% equity and contribute at least 50% of required financial eligibility. Technical experience may be aggregated where the contributing member holds at least 10%. Members are jointly and severally liable; no member may participate in more than one bid; Lead Member cannot change.
Bid Form 1 requires certification that during the last three years neither bidder nor consortium member failed to perform with judicial/arbitral penalty, was expelled, or had a contract terminated for breach. Bidders must not be debarred by Applicable Laws, convicted/indicted for grave or security-related offences, engage in corrupt/fraudulent/coercive/undesirable/restrictive practices, or have a disqualifying conflict of interest. Cross-ownership of 10% or more, common members/signatories and project-adviser conflicts are disqualifying.
Selected bidder must incorporate a new Companies Act, 2013 SPV exclusively for the project within 90 days of LOA, hold at least 99.9% equity, and provide minimum paid-up/subscribed capital of Rs. 3,70,00,000/- at Lease Agreement signing.
What is being procured: the work, supplies or services, deliverables and quantities, locations, phases, completion or delivery timelines, applicable standards, and notable exclusions.
Grant of a 60-year lease to commercially develop 8,557 sqm of Railway land at Melapudur Main Road, Tiruchirappalli. Offered/permissible FSI is 3.25 and indicative built-up area is 27,810 sqm; actual built-up area follows the approved Business Plan and permissible limits.
At its own risk, cost and expense the Lessee must obtain approvals and conceptualize, plan, design, finance and construct the assets, facilities and utilities; market them; generate revenue through permitted sub-leasing/sub-letting/licensing; and operate and maintain the development under Good Industry Practice and applicable planning/building rules.
Appointed Date is 120 days after Lease Agreement signing. One initial year is allowed for approvals and four years for lease-based development, making a five-year Construction Period from Appointed Date. Total Development Period must not exceed 10 years from Effective Date.
The clear, compound-walled site abuts Melapudur Main Road near Tiruchirappalli Junction, is stated free from encumbrances, and is handed over on an 'as is where is' basis. Vegetation/tree-cutting approvals and fees are the Lessee's responsibility. Indicative utilities include water, sewerage, storm drainage, rainwater harvesting, power, DG and street lighting; the list is not exhaustive.
Design life must meet the National Building Code of India or relevant codal provisions; works must comply with Applicable Laws, permits and Good Industry Practice. Part V identifies Tamil Nadu Combined Development and Building Rules and Tiruchirappalli Municipal Corporation requirements.
The complete checklist of documents to submit — mandatory vs conditional, with any prescribed formats, proformas or annexures — plus how to submit: portal and mode, envelope/cover structure, digital signature requirements, signing and attestation rules, and physical originals with their deadline.
Submit only through www.tenderwizard.in/RLDA under online Single Stage (Two Cover): Cover 1 Technical Proposal and Cover 2 Financial Proposal. All Bid Forms and related documents are online; Cover 2 contains only Bid Form 12 and no hard copy.
Class-III Digital Signature Certificate is mandatory. Every Cover 1 and Cover 2 document must be digitally signed by the bidder/authorized signatory. Alterations must be attested; foreign-executed POAs/undertakings/JBA must be consularized by the Indian Embassy, notarized in the execution jurisdiction and stamped in India under applicable State law.
No physical original is specified with the bid: Bid Security is online-only and the financial bid expressly has no hard copy. The standard rule that original bank guarantees go directly to RLDA HQ applies only when a BG is used later; project Bid Security cannot be a BG and Performance Guarantee is not applicable.
Every corrigendum/addendum in order — what changed (original vs amended value), its impact, and the action for the bidder — ending with the values that finally apply.
The download start moved 27.08.2026 18:00 to 02.09.2026 18:00; pre-bid 10.09.2026 11:30 to 15.09.2026 11:30; query deadline 17.09.2026 18:00 to 22.09.2026 18:00; reply date 24.09.2026 to 29.09.2026; download deadline 06.10.2026 23:59 to 13.10.2026 23:59; submission 07.10.2026 15:00 to 14.10.2026 15:00; opening 07.10.2026 15:30 to 14.10.2026 15:30. Bidder action: use only the amended schedule.
Uploaded Parts 1-5: GCB, GCLA revenue-share lease conditions, ITB/Bid Forms, SCLA, and Schedule/Specifications. Bidder action: download the portal copies after fee payment, digitally sign/submit the required parts, and check portal-only amendments before bidding.
RFP parts available from 02.09.2026 18:00; online pre-bid 15.09.2026 11:30; queries by 22.09.2026 18:00; replies/amendments 29.09.2026; download by 13.10.2026 23:59; e-bid by 14.10.2026 15:00; opening 14.10.2026 15:30. No corrigendum changes the Rs. 74 crore reserve price, Rs. 1 crore Bid Security, Rs. 59,000 Bid Document Fee or 60-year lease.
Genuine conflicts within and across the documents (original vs corrigenda, clause vs annexure, tender document vs BOQ): both sides with citations, and which value prevails.
Part I Clause 12.3 generally permits pay order/DD/banker's cheque, but project-specific ITB Clause 8.0 accepts only portal e-payment and expressly disapplies Clause 12.3. The online-only requirement prevails.
Bid Form 1 para 20 says 15 days from Letter of Demand, while ITB Clause 12 and Bid Form 12 say 30 days. The project-specific payment schedule and operative ITB Clause 12 consistently specify 30 days and should prevail; bidder should obtain written confirmation because forfeiture consequences attach.
GCLA states 10.75% for Due Amount and delayed Annual Lease Rent, but SCLA Clause 8 substitutes 10.50% for Clause 5.2.4 and Bid Form 12 uses 10.50%; the SCLA/Bid Form rate prevails. For ALR, Bid Form 12 also states 10.50%, conflicting with GCLA 10.75%; apply the project-specific 10.50% but seek confirmation.
ITB Scope Clause 15.1 refers to the Master Plan of CMDA, whereas Part V says the Tamil Nadu Combined Development and Building Rules and Tiruchirappalli Municipal Corporation govern this Tiruchirappalli site. The site-specific Part V should prevail, but the CMDA reference and SCLA OSR wording require clarification.
Most project documents identify Tiruchirappalli Division of Southern Railway, but ITB Clause 1.9 says the present custodian is Chennai Division. This is a factual inconsistency; the title/project description and site-specific records point to Tiruchirappalli Division, but RLDA should confirm the competent Railway interface.
Only critical, tender-specific pre-bid queries that could materially change bid/no-bid, pricing, eligibility or contractual risk. Skip generic or obvious questions the documents already answer clearly.
Please formally confirm that ITB Clause 12/Bid Form 12's 30-day period prevails over Bid Form 1 para 20's 15-day period, and align the forfeiture wording before bid submission.
Please replace/clarify the CMDA references and confirm the applicable Tiruchirappalli master plan, DCR, OSR computation/payment, approving authority, permissible commercial uses and all local charges used for pricing.
SCLA Clause 13 contains a visible blank ('subject to ……………….'). Please issue the complete restriction/condition governing sub-leasing because it directly affects revenue, bankability and exit structure.
Please provide/confirm the jointly surveyable boundary, title/revenue records, encumbrance status, permissible FSI of 3.25, access, and a chart of live/unrecorded utilities before bid due date; clarify compensation/NPV adjustment if area, access, title or utility diversions differ materially.
Please confirm that no Performance Guarantee/Form 15 submission is required at bid or post-award stage and that generic GCLA Article 6 references are inoperative for this project.
Commercial, legal and execution risks a bidder should weigh: liquidated damages and penalties, unusual or one-sided clauses, tight timelines, and payment or security risks.
The Lessee guarantees annual MAG from its own Business Plan and must pay the higher of cumulative MAG or actual revenue share after annual reconciliation. The MG must meet aggressive time thresholds, and a shortfall beyond 12 months permits termination. This leaves demand/revenue underperformance largely with the Lessee.
Site is accepted 'as is where is'; all approvals are the Lessee's responsibility and RLDA has no liability for delay/non-receipt. The Lessee bears even unforeseen technical, commercial and legal hazards, including underground utilities; chartered utility shifting costs are borne by the Lessee.
For RLDA-caused delay or delayed site handover, relief is generally only reasonable time extension; no damages/compensation or LD is payable and MG remains unchanged in NPV terms. Notice for extension must be given within 15 days of the delaying event.
On Lessee default, termination payment is only up to 85% of qualifying self-funded lease payments and up to 85% of RLDA-valued commercially worthy construction cost, after RLDA deductions, with no interest/return. Even RLDA-default compensation is capped at not exceeding 100% and construction value remains subject to RLDA assessment.
Bid Security and Commitment Amount can be forfeited for withdrawal, conditions, failure to pay, acknowledge LOA or execute the agreement. Construction is five years from Appointed Date and total development cannot exceed ten years from Effective Date; tree, OSR, approval and utility obligations create schedule exposure.
RLDA may reject any/all bids without reason. Several matters—including approvals liability, payment provisions, delay relief, termination and post-payment audit—are 'Excepted Matters' excluded from arbitration, with RLDA's decision final and binding.
The inviting authority and relevant contacts: office, person, designation, address, phone and email — and which address receives physical submissions, if any.
Joint General Manager/Tender, Rail Land Development Authority, Unit No. 702-B, 7th Floor, Konnectus Tower-II, DMRC Building, Ajmeri Gate, New Delhi/Delhi-110002. This is also the RLDA HQ address for any original BG required post-award.
Chief Project Manager/SBC: [email protected], +91 9741604203. Manager/Projects/SBC: [email protected], 9999468468. DGM/Project/Expert/Chennai: 7299911141. JGM/Marketing: [email protected], (011) 23232854 Ext. 218, fax (011) 23232835, +91 9540909393.
Site consultant: Sh. Sulabh Goyal, M/s E&Y LLP, 9899911835 (NIT gives [email protected]). E-bid support: Mr. Mayank Singh (CEL), [email protected], 8800115628.