Freehold Sale of Mortgaged Residential Plot in Indore

This tender, designated as Tender ID 2026_UAD_535446_1 and Tender Reference Number 29/ISCDL/2026-27/PLOT NO. 06, is an Open Tender issued by the Directorate Urban Administration and Development, specifically by Indore Smart City Development Limited. The core of this procurement is a Request for Proposal (RFP) for the disposal of mortgaged residential plots located in Isha Corridor Colony, Village - Chhota Bangarda, District - Indore (Survey No. 33/2), through a freehold sale of Plot No. 06. The total estimated tender value for this disposal is ₹2,49,39,885, with an Earnest Money Deposit (EMD) of ₹24,93,988 required. Bidders are required to submit a tender fee of ₹16,534, inclusive of GST. The tender process involves two covers: Cover 1 for Document Fee and EMD receipts, and Cover 2 for the financial bid, along with all mandatory and technical documents to be submitted separately. The bid submission period commences on September 15, 2026, at 02:55 PM and concludes on October 12, 2026, at 05:30 PM. The Bid Opening Date is scheduled for October 13, 2026, at 05:30 PM. All documents are to be downloaded between September 15, 2026, at 02:55 PM and October 12, 2026, at 05:30 PM. The contract form is Lump-sum, and the bid validity is set for 120 days. This procurement is categorized under "Sale of Open Plot" within the "Goods" category.