30-Year Lease Auction for Under Construction Retail Shop in Chichli

Work Description - Auction Of Under Construction Complex Shop No. 31 Located Near Nagar Parishad Office On Lease For 30 Years On Rent Basis - Unreserved - 3rd Call

This tender, reference number 897/Shop-Auction/25-26/CCL/31, is an Open Tender issued by the Directorate Urban Administration and Development, specifically through the CMO of Nagar Parishad, Chichli. The core of this tender is the auction of Under Construction Complex Shop No. 31, situated near the Nagar Parishad office. This prime location offers a unique opportunity for businesses to secure a retail space on a lease basis for a duration of 30 years, operating on a rent model. This is the third call for auction for this specific property, indicating its unreserved status and continued availability. The tender value is estimated at ₹4,93,534 with a Bid Validity Period of 180 days. Interested parties are required to submit their bids, which will be opened on September 23, 2026, at 5:30 PM at Nagar Parishad, Chichli. The tender involves two covers: Cover 1 for EMD (₹12,340), PAN, Aadhaar, Form Fee, Affidavit, and Shop Application, and Cover 2 for the Price Bid. The tender fee amounts to ₹2,295, inclusive of GST. Document download and bid submission periods are aligned, with the download starting on September 3, 2026, at 6:55 PM and ending on September 22, 2026, at 5:30 PM, mirroring the bid submission timelines.