Akbar Bhawan Property Monetization and Redevelopment Transaction Advisory Services

The New Delhi Municipal Council (NDMC) is actively seeking proposals from qualified and experienced Transaction Advisors for the critical monetization and redevelopment of its prime property, Akbar Bhawan. This Request for Proposal (RFP), with Tender Reference Number RFP No. 3/EE(C-III)/2026, represents an open tender opportunity within the Services category, specifically for Consultancy. The NDMC, headquartered at 3rd Floor Pragati Bhawan Jai Singh Road, N.D., is committed to a transparent and competitive procurement process. Key dates for interested parties are as follows: the RFP documents will be available for download from November 3, 2026, at 4:00 PM, and the download period concludes on December 1, 2026, at 4:00 PM. Bids can be submitted starting November 3, 2026, at 4:00 PM, with the final submission deadline also set for December 1, 2026, at 4:00 PM. Bids will be opened on December 1, 2026, at 4:30 PM. A significant Earnest Money Deposit (EMD) of ₹6,70,000 is required, though no tender fee is applicable. This initiative, based in New Delhi, aims to leverage the expertise of a transaction advisor to achieve optimal outcomes for the Akbar Bhawan property's future.