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International Financial Services Centres Authority
(A statutory authority established by Government of India)
Building-12B, Block-12, GIFT-SEZ, 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:31.07.2026
Notification on Vacant Space for 6th Consideration Period (16.07.2026 to 31.08.2026)
The International Financial Services Centres Authority (IFSCA) hereby announces the commencement of the
Sixth 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 6th 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 on Page 9 of RFP-III)
Floor wise approximate Carpet Area on offer for rent for the 6th consideration period (16.07.2026 to
31.08.2026) 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
13th Floor 5708 Half floor for 15 years
14th Floor 11416 Full/Half floor for 15 years
Note 1: The minimum leasable area available is approximately 2,854 square feet each on the 2nd and
3rd floors, 5708 square feet on the 13th floor and 14th floor.
Note 2: Those who intends to take full floor on 14th floors may bid for two halves of the floor in their
financial bid forms.
Note 3: A bidder who submits a bid for an entire floor or two halves together shall be granted exclusive
rights to use the Common/shared facilities such as toilets, corridor and pantry located on that floor.
Note 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.
Page 1 of 4Note 6: The North side of 13th floor (refuge floor) 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 on Page 12 of RFP-III)
SN Event Description Date & Time
Availability of RFP Available for download free of cost for one year from the date of first
1 Document publication from www.ifsca.gov.in
Last Date & time of (i) 20.08.2026 till 1700 hrs
2 Submission of Written (ii) Written queries must be e-mailed to hr-manager@ifsca.gov.in,
Queries anshul.tandon@ifsca.gov.in, or anil.meena@ifsca.gov.in
End/ Last Date & time Due Date: 31.08.2026 till 1400 hrs
3 for Submission of and Bid Opening: 31.08.2026 at 1500 hrs
opening of Technical Bid
4 Opening of Financial
Bids
5 Issue of Letter of Intent
(LOI) to successful
Bidders Shall be intimated to the Eligible Bidders at appropriate time
6 Acceptance of LOI by the
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.
3. EMD Payments/Fees with the Bid (Clause 1.7 on Page 14 of RFP-III)
Description Amount Mode of Payment and Payable to
Fee
(i) For One Complete Floor Area Payment through NEFT/RTGS. The account
Rs. 10,00,000/- details are as under:
(ii) For ½ Floor Area Rs.
Beneficiary A/c International Financial
5,00,000/-
Earnest (iii) For 1/4th Floor Area Rs. Name Services Centers
Money 2,50,000/- Authority
Deposit Note:
Beneficiary Bank Punjab National Bank
1. EMD for the Bulk bidders will be
the amount arrived at after
Beneficiary A/c 9302005900000013
multiplying the above rates with
No.
the no. of units/floors they are
desirous of bidding.
Page 2 of 42. All Bidders are required to mail
Beneficiary PUNB0930200
the payment proof of EMD to
Bank’s IFSC
anshul.tandon@ifsca.gov.in and
Code
anil.meena@ifsca.gov.in and
also required to attach the proof
along with bid.
The EMD amount submitted by the successful bidders shall be adjusted against the Security Deposit
payable at the time of issuance of LoI.
4. Opening of Financial Bids (Clause 1.25.2 on Page 24 of RFP-III)
The financial bids will be opened in the following order:
(i) Bulk/ pack of floors Bids in ascending order of the floor nos.
(ii) Other single floors bids in ascending order of the floor nos.
(iii) A bid for an entire floor as two halves together in ascending order of the floor nos.
(iv) Half floors bids in the ascending order of floor nos., starting with North Side.
(v) Quarter floors bids in the order of NE, NW, SE, and SW.
(vi) Bids of unsuccessful Half floor/Quarter floor bidders still having unopened financial bids will be
opened only in the case of vacant floor/space left on those very floors sequentially. The decision
of IFSCA in this regard will be final and binding.
5. 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 14 for 15 years as per the terms and conditions contained in the RFP
(i) 14N (North Side – GIFT City view) 0.5 1 5708 120
1.
(ii) 14S (South Side -Riverfront View) 0.5 1 5708 120
Leasing out the floor no 13 for 15 years as per the terms and conditions contained in the RFP
(i) 13N (North Side – GIFT City view) 4118 120
2.
0.5 1
(ii) Balcony (North Side - GIFT City view) 1590 10
Leasing out the unit no 3SW (Riverfront
3. 0.25 1 2854 120
view) for 15 years as per the terms and
conditions contained in the RFP
Leasing out unit no 2SE (GIFT City view)
4. 0.25 1 2854 120
for 15 years as per 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. Balcony with exclusive access from the North side office space is 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