Constructed Property Sale in Indore: Land and Building

Work Description - Nit In Case Of M/s Kanakshree Builders And Developers, Shreeji Valley, Indore Land And Building Only

The Madhya Pradesh Financial Corporation - Indore, a State Government entity, invites sealed bids from eligible and interested parties for the **sale of constructed property**, specifically the **Land and Building of M/s Kanakshree Builders and Developers situated in Shreeji valley, Indore**. This Open Tender, bearing Reference Number MPFC/183/2026 and Tender ID 2026_MPFC_517678_1, is valued at an estimated ₹1,08,16,000 (Rupees One Crore Eight Lakh Sixteen Thousand only) and operates under a Tender cum Auction contract. Prospective bidders are required to submit an Earnest Money Deposit (EMD) of ₹5,40,800, which must be a fixed amount as EMD exemption or submission via BG/ST is not allowed. A non-refundable Tender Fee of ₹6,277 (inclusive of a processing fee of ₹1,277 with 18% GST) is also applicable. Key dates for this procurement include the ePublication, Document Download Start, and Bid Submission Start dates, all commencing on **25-Jun-2026 at 04:00 PM**. The Document Download End Date and Bid Submission End Date are both set for **07-Jul-2026 at 04:00 PM**. Bids will be opened on **08-Jul-2026 at 04:00 PM** at the MPFC Head Office in Indore. The contract period for the work is 90 days, and bids will remain valid for 90 days from the bid opening date. Bidders must submit their proposals through a multi-cover system comprising three covers: Cover 1 for Proof of Tender Fee and EMD payment, Cover 2 for Pre-qualification/Technical documents including GST Registration and PAN Card, and Cover 3 for the Finance Bid, which must be in .xls format. Interested parties are strongly encouraged to download the complete tender documents from the official portal and refer to them for detailed terms, conditions, and submission requirements. For any queries, the Tender Inviting Authority is the Manager, Madhya Pradesh Financial Corporation, located at Finance House, Geeta Bhawan, Indore, M.P.