Home India International Financial Services Centres Authority RFP for Leasing of Office Space at different floors in IFSCA...
Date: 2026-06-02 Category: Not Applicable State: Union Government Country: India

RFP for Leasing of Office Space at different floors in IFSCA HQ Building in GIFT City, Gandhinagar

Issued by International Financial Services Centres Authority · Not Applicable

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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:02.06.2026 Notification on Vacant Space for 5th Consideration Period (02.06.2026 to 15.07.2026) The International Financial Services Centres Authority (IFSCA) hereby announces the commencement of the Fifth 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 5th 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 4th consideration period (02.06.2026 to 15.07.2026) 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 9445 Full/Half floor for 15 years 14th Floor 11416 Full/Half floor for 15 years 19th Floor 11416 Full floor for 6 years 20th Floor 11416 Full floor for 6 years Note 1: The minimum leasable area available is approximately 2,854 square feet each on the 2nd and 3rd floors, 3,736 square feet on the 13th floor, and 5,708 square feet on the 14th floor. Note 2: Those who intends to take full floor on 13th and 14th floors may bid for two halves of these floors 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 5Note 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) 08.07.2026 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: 15.07.2026 till 1400 hrs 3 for Submission of and Bid Opening: 15.07.2026 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 Rs. Payment through NEFT/RTGS. The account 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 52. 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 5Annexure-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 the terms and conditions contained in the RFP 3. (i) 14N (North Side – GIFT City view) 0.5 1 5708 120 (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 4. 0.5 1 (ii) Balcony (North Side - GIFT City view) 1590 10 (iii) 13S (South Side – Riverfront view) 0.5 1 3736 120 Leasing out the unit no 3SW (Riverfront 5. view) for 15 years as per the terms and 0.25 1 2854 120 conditions contained in the RFP Leasing out unit no 2SE (GIFT City view) for 6. 15 years as per the terms and conditions 0.25 1 2854 120 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. Page 4 of 53. 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 5 of 5

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