Current Date: 11 Oct, 2025

Tender Alert: Modernizing Netaji Market in Nagpur.

The Maharashtra State Infrastructure Development Corporation has floated a tender for the sustainable and holistic renewal and transformation of Netaji Market in Nagpur on a design, build, finance, operate, and transfer (DBFOT) basis. 

The project will be undertaken on a plot area of approximately 9,393.4 sq. mtrs., with the construction timeline fixed at 36 months from the commencement date. The selected developer will receive development and sales rights for a total of 84 months, inclusive of the 36-month construction phase. and the initiative is aimed at modernising the shopping infrastructure in the city in a sustainable manner.

 NMC may consider an additional extension of up to 12 months, beyond  the stipulated 36 month, solely at its discretion.

The bid submission deadline is 17 October, 2025.

 

News by Rahul Yelligetti.

 

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Source : projxnews