Allotment of Shop No. 06 of Under Construction Complex Towards NH 45 on Lease for 30 Years on Rent Basis - Unreserved
Bid Value
₹4.11 Lakh
Closing Date
20 July 2026
Days Remaining
Expired
AI Tender Synthesis
Pre-generatedThe tender involves a low-value 30-year commercial shop lease with insufficient eligibility details provided, warranting further investigation into the terms and conditions before bidding.
What's Being Procured
This tender is for the 30-year lease allotment of Shop No. 06 in an under-construction complex located towards NH 45 in Narsinghpur, Madhya Pradesh. The Narsinghpur-Nagar Parishad Tendukheda is managing this unreserved commercial property rental opportunity, with an estimated value of ₹4,10,922.
Eligibility Criteria
None identified
Technical Scope
- 01Acquisition of 30-year leasehold rights for Shop No. 06 in an under-construction complex.
- 02Adherence to all terms and conditions stipulated in the lease agreement, including rental payments and property maintenance as per agreement.
Documents Required
None identified
Watch Out For
- The complex being under construction introduces uncertainty regarding completion timelines and readiness for occupancy.
- The extremely low estimated value for a 30-year lease (₹4,10,922) raises questions about the actual financial commitment or scope of the property.
Bid Value
₹4.11 Lakh
Summary
This tender is for the allotment of Shop No. 06, located in an under-construction complex towards NH 45, on a lease basis. The lease term is for 30 years and will be on a rent basis, designated as unreserved. The procurement is being managed by Narsinghpur-Nagar Parishad Tendukheda, falling under the Directorate Urban Administration and Development. The estimated value for this allotment is Rs 4,10,922. This opportunity is located in Madhya Pradesh.