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International Financial Services Centres Authority
(A statutory authority established by Government of India)
2nd & 3rd Floor, Savvy Pragya, GIFT City, Gandhinagar Gujarat – 382050, India.
RFP for Leasing of Office Space at different floors in IFSCA HQ Building in GIFT City, Gandhinagar
RFP No. IFSCA-Admn0IHBP/9/2025-GA dated 02.01.2026
Date:01.04.2026
Notification on Vacant Space for 3rd Consideration Period (03.03.2026 to 15.04.2026)
The International Financial Services Centres Authority (IFSCA) hereby announces the
commencement of the 3rd Consideration Period under the rolling Request for Proposal (RFP)
dated 02.01.2026 for leasing office space in the IFSCA Headquarters Building. As per the rolling
tender framework, bids are invited with Two-Bid System from eligible entities for the office spaces
notified for 3rd Consideration Period. The updated list of vacant premises available for leasing,
along with the applicable bidding schedule and the latest Financial Bid Form (BoQ), is hereby
published and shall remain valid for submissions received within this consideration window.
1. Vacant Office Space Available for leasing (Clause 1.2.6 of RFP-III)
Floor wise approximate Carpet Area on offer for rent for this consideration period (03.03.2026 to
15.04.2026) is indicated below:
Floor/Unit No. Carpet Area(sqft) Remarks
2SE 2854 One fourth unit for 15 years
3SW 2854 One fourth unit for 15 years
9S 3736 Half floor for 15 years
13th Floor 9445 Full floor for 15 years
14th Floor 11416 Full floor for 15 years
19th Floor 11416 Full floor for 6 years
20th Floor 11416 Full floor for 6 years
Note 1: Minimum area on offer on Floor no. 2/3 is approx. 2854 Sqft, and on 9th floor it is 3736
Sqft.
Note 2: All the other floors are exclusively available to the bidders interested in one complete floor
or more than one floors.
Note 3: A bidder who submits a bid for an entire floor shall be granted exclusive rights to use the
Common/shared facilities such as toilets, corridor and pantry located on that floor.
Page 1 of 4Note 4: The carpet area indicated in the above table is approximate and lessees will be charged for
the actual carpet area allotted to them.
Note 5: Actual lease area will be finalised after joint measurement of the office space and common
utility areas such as toilets, corridors, pantry, passage, exclusive accessible balcony/terrace area etc
forming part of the carpet area. In case of multi-users of the common areas, it will be proportionately
divided among the users.
Note 6: The North side of refuge floors (13th) include exclusive balcony area of 1590 Sqft (approx.)
in addition to the office space.
Explanation: For the purpose of this RFP, Carpet Area shall include allotted office space, along
with other shared spaces on the same floor, such as toilets, corridors and pantry. The shared spaces
on each floor shall be included in the calculation of carpet area of a lessee in proportion to the
office space allotted to such lessee.
2. Schedule of Bidding Process (Clause 1.4 of RFP-III)
SN Event Description Date & Time
Availability of RFP Available for download free of cost for one year from the date
1 Document of first publication from www.ifsca.gov.in or CPP (Central
Public Procurement Portal) Portal from
https://eprocure.gov.in/epublish/app
Last Date & time of (i) 10.04.2026 till 1700 hrs
2 Submission of Written (ii) Written queries must be e-mailed to hr-
Queries manager@ifsca.gov.in, anshul.tandon@ifsca.gov.in, or
anil.meena@ifsca.gov.in
End/ Last Date & time for Due Date: 15.04.2026 till 1400 hrs
3 Submission of and
opening of Technical Bid Bid Opening: 15.04.2026 at 1500 hrs
4 Opening of Financial Bids
5 Issue of Letter of Intent
(LOI) to successful
Bidders
6 Acceptance of LOI by the Shall be intimated to the Eligible Bidders at appropriate time
Selected Bidders
7 Issue of PLOA to
successful Bidders
8 Signing of Lease Deed
The above schedule is tentative. Authority reserves the right to modify the Schedule of Bidding
Process at any time during the Bidding Process at its sole discretion without assigning any reason
and shall not be liable in any manner whatsoever.
Page 2 of 43. EMD Payments/Fees with the Bid (Clause 1.7 of RFP-III)
Description Amount Mode of Payment and Payable to
Fee
(i) For One Complete Floor Rs.
10,00,000/-
Earnest
(ii) For ½ Floor Area Rs. Payment through NEFT/RTGS. The account
Money
5,00,000/- details are as under:
Deposit
(iii) For 1/4th Floor Area Rs.
2,50,000/-
Note:
Beneficiary A/c International Financial
1. EMD for the Bulk bidders will
Name Services Centers
be the amount arrived at after
Authority
multiplying the above rates with
the no. of units/floors they are
Beneficiary Punjab National Bank
desirous of bidding.
Bank
2. All Bidders are required to mail
the payment proof of EMD to Beneficiary A/c 9302005900000013
anshul.tandon@ifsca.gov.in No.
and anil.meena@ifsca.gov.in
and also required to attach the Beneficiary PUNB0930200
proof along with bid. Bank’s IFSC
Code
The EMD amount submitted by the successful bidders shall be adjusted against the Security Deposit
payable at the time of issuance of LoI.
4. Financial Bid Form (BoQ) (Ref page 45 of RFP-III)
Bidders are requested to refer to Annexure-I for the updated BOQ / Financial Bid Form.
Note: All other terms and conditions specified in the RFP shall remain unchanged.
For any queries, interested bidders may contact on anshul.tandon@ifsca.gov.in (Mob – 8837840758),
anil.meena@ifsca.gov.in (Mob. – 8968447796).
Page 3 of 4Annexure-I
Financial Bid Form (BOQ)
Carpet
Base
Area in
Reserve Quoted
No. Square
No. of Lease Rate per
S N Description of Item of feet on Remarks
Floors Rent rate Sqft per
Units Offer
per Sq ft month
(Rounded
per month
off )
Leasing out the floor no 20 for 6 years as per
1. 1 11416 120
the terms and conditions contained in the RFP
Leasing out the floor no 19 for 6 years as per
2. 1 11416 120
the terms and conditions contained in the RFP
Leasing out the floor no 14 for 15 years as per
3. 1 11416 120
the terms and conditions contained in the RFP
Leasing out the floor no 13 for 15 years as per
the terms and conditions contained in the RFP
4.
(i) Main Office Area 7855 120
1
(ii) Balcony (North Side) 1590 10
Leasing out the unit no 9S for 15 years as per
5. 0.5 1 3736 120
the terms and conditions contained in the RFP
Leasing out unit no 3SW for 15 years as per
6. 0.25 1 2854 120
the terms and conditions contained in the RFP
Leasing out unit no 2SE for 15 years as per
7. 0.25 1 2854 120
the terms and conditions contained in the RFP
Note:
1. Single floor/Half Floor/Quarter floor bids: Bidder shall carefully read the sheet and submit the best
financial bid for the Single floor/Half floor/Quarter floor unit they are interested in.
2. Multi-floor bids: Bidders interested in multiple floors can bid for those floors as a package. They should
bid with the price they are willing to pay per square foot for the respective floors in the package.
3. The bidder shall quote the preferred rate in Col.7 (Quoted Rate per Sqft per month) against the units/floors
of their interest and cross out (X) Col.7 for the remaining units/floors.
4. Maximum five number of financial bids for different packs/floors/units are allowed.
5. The rate entered in column “Quoted Rate per Sqft per month” must be written in both figures and words
and should be covered with transparent adhesive tape.
6. Balconies with exclusive access from the North side office space are available on the refuge floor no. 13.
The monthly rent per sqft be quoted separately along with the adjoining office space as indicated above.
Authorised Signatory
Page 4 of 4