Salem Commercial Complex Shop Lease Auction: Three-Year Rental Opportunity

Work Description - Salem Corporation Suramangalam Ward Office Public Auction Three Years Lease New Bustand Commercial Complex Permanent Shop No.59

This tender, issued by the Commissioner of Salem City Municipal Corporation, pertains to the public auction for a three-year lease of a permanent shop, identified as Shop No. 59, located within the New Bustand Commercial Complex in Suramangalam ward, Salem. The work description explicitly states "Salem Corporation Suramangalam ward office Public Auction Three Years Lease New Bustand Commercial Complex Permanent shop No.59." The organization is identified as MAWS, a State Government and UT entity. Critical dates for this tender are as follows: document download and bid submission commence on September 1, 2026, at 3:00 PM, with both document download and bid submission closing on September 18, 2026, at 11:00 AM. The bid opening is scheduled for September 18, 2026, at 11:30 AM. A fixed Earnest Money Deposit (EMD) of ₹2,00,000 is required, with no provision for exemption. This tender is categorized under "Works," specifically "Miscellaneous Works," and is of the "Auction" tender type. The contract form is "Works," and the lease period is for three years. The tender is for Class IV bidders, and the bid validity period is 60 days. All submissions and payments are to be made online.