Lease Auction for Indrapuri Colony Shopping Complex Shop 09, Panna

Work Description - Auction For Lease Rent Of Shop No 09 (unreserved) At Indrapuri Colony Ward No -03 Shopping Complex Panna M.p

This tender is being issued by the Directorate Urban Administration and Development, through the CMO PANNA, for an open auction to grant the lease rent of Shop No. 09 (Unreserved) located at Indrapuri Colony, Ward No. 3, Shopping Complex, Panna, Madhya Pradesh. The contract will be of a lump-sum form, with an estimated tender value of ₹10,63,000 and a significant lease period of 10950 days. Bidders are required to submit a fixed Earnest Money Deposit (EMD) of ₹27,000, with no exemptions allowed. A tender fee of ₹2,000 plus ₹295 (18.00% GST inclusive) processing fee, totaling ₹2,295, is mandatory. The tender documents will be available for download from August 13, 2026, 05:30 PM, with the submission deadline on September 2, 2026, 05:30 PM. Bids will be opened on September 4, 2026, at 12:30 PM at the office of the Municipal Council Panna (M.P.). The tender process will involve two covers, with Cover 1 for Affidavit, Aadhaar Card, PAN Card, GST Registration, TIN No., PAN No., and other relevant documents, alongside Tender Receipt Copy and EMD Receipt Copy. Cover 2 is specifically for the financial bid, containing the auction details for the lease rent. A bid validity of 180 days will be required.