Allotment of Shop No. 02 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 an attractive long-term commercial lease, but the unusually low estimated value for a 30-year term and the 'on Rent Basis' clause require thorough review of the full tender document to clarify the financial structure.
What's Being Procured
This tender is for the 30-year lease allotment of Shop No. 02 in an under-construction complex near NH 45. The Directorate Urban Administration and Development, specifically Narsinghpur-Nagar Parishad Tendukheda, is seeking to lease this unreserved commercial property on a rent basis. The estimated value for the lease is ₹4,10,922.
Eligibility Criteria
None identified
Technical Scope
- 01Taking Shop No. 02 on a 30-year lease
- 02Operating a commercial establishment from Shop No. 02
Documents Required
None identified
Watch Out For
- The shop is in an 'under construction complex,' implying potential delays or readiness issues.
- The estimated value of ₹4,10,922 for a 30-year commercial lease appears unusually low, requiring clarification on whether this is an upfront premium, total rent, or another payment structure, especially given the 'on Rent Basis' clause.
- Lack of specific eligibility criteria and required documents in the summary necessitates reviewing the full tender document.
Bid Value
₹4.11 Lakh
Summary
This tender is for the allotment of Shop No. 02, located in an under-construction complex situated towards NH 45, on a lease basis. The lease period is for 30 years, and it will be on a rent basis. The allotment is unreserved. The procuring entity is the Directorate Urban Administration and Development, specifically Narsinghpur-Nagar Parishad Tendukheda. The estimated value for this tender is Rs. 4,10,922. The deadline for bid submission is July 20, 2026.