Allotment of Shop No. 05 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 presents a long-term commercial lease opportunity, but clarity on the 'Estimated Value' and absence of explicit eligibility criteria necessitate further investigation.
What's Being Procured
This tender is for the 30-year lease allotment of Shop No. 05 in an under-construction complex located towards NH 45. The Directorate Urban Administration and Development (Madhya Pradesh) is offering this commercial property on a rent basis.
Eligibility Criteria
None identified
Technical Scope
- 01Leasing of Shop No. 05 in an under-construction commercial complex.
- 02Adherence to a 30-year lease term on a rent basis.
- 03Compliance with all terms and conditions specified in the final lease agreement.
Documents Required
None identified
Watch Out For
- The complex is under construction, which may entail risks related to completion timelines, final specifications, and readiness for occupancy.
- The interpretation of 'Estimated Value' (₹4,10,922) for a 30-year lease on a rent basis is unclear (e.g., annual rent, premium, or total estimated value).
Bid Value
₹4.11 Lakh
Summary
This tender is for the allotment of Shop No. 05, located in an under-construction complex situated towards NH 45, on a lease basis. The lease duration is specified for 30 years, and the allotment is on a rent basis, designated as unreserved. The procuring organization is the Directorate Urban Administration and Development, specifically through its Joint Director-Jabalpur Division - UAD, Narsinghpur-Nagar Parishad Tendukheda - UAD. The estimated value for this tender is ₹410,922.