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Closed Open Public Sector Undertakings & Joint Venture NPROCURE

Gujarat Metro Rail Empanelment of Valuers for Property Valuation - Ahmedabad Project

Bid Publish Date

25-Sep-2026, 2:15 pm

Bid End Date

16-Oct-2026, 9:30 am

Progress

Issue25-Sep-2026, 2:15 pm
AwardPending

The Gujarat Metro Rail Corporation (GMRC) Limited invites qualified valuation professionals to participate in the empanelment process for property valuation work related to the Ahmedabad Metro Rail Extension Project. This tender offers an excellent opportunity for experienced valuers with a background in civil engineering, property valuation, and government projects to collaborate on a prestigious infrastructure development. The project aims to enhance urban mobility and infrastructure in Gujarat, requiring reliable valuation services for properties along the metro corridor. Bidders must meet strict eligibility criteria, including relevant experience, professional certification, and financial stability. The tender process is transparent, with detailed technical and financial evaluation procedures. The selected valuers will provide essential property valuation services to support project planning, compensation, and asset management. This tender is ideal for valuation firms, civil engineering consultants, and real estate professionals seeking to contribute to Gujarat's urban development initiatives.

Scope Of Work

• Conduct comprehensive property valuation along the Ahmedabad Metro Rail corridor.
• Prepare detailed valuation reports as per government standards.
• Coordinate with project authorities for site inspections and data collection.
• Ensure compliance with all applicable valuation guidelines and policies.

  1. Receive project details and scope from GMRC.
  2. Conduct initial site assessments and data collection.
  3. Prepare valuation reports with supporting documentation.
  4. Submit reports within stipulated timelines.
  5. Address any queries or clarifications from the evaluation team.
Parameter Specification
Valuation Type Market value, rental value, compensation valuation
Data Sources Land records, property documents, site surveys
Report Format As per government standards
Delivery Timeline Within 30 days of site inspection

• Maintain confidentiality and data security.
• Provide periodic updates and progress reports.
• Ensure accuracy and transparency in valuation reports.

Technical Specifications

Parameter Requirement
Valuation Standards As per Government of India guidelines
Certification Valid Digital Signature Certificate
Experience Minimum 3 years in property valuation
Data Collection Site surveys, land records, property documents
Report Format Standardized government format
Delivery Timeline Within 30 days post site inspection

Sequential process:

  1. Submission of technical and financial bids.
  2. Technical evaluation based on experience, certification, and past projects.
  3. Financial evaluation of bid amount.
  4. Final selection and empanelment.

Technical parameters must adhere to the standards specified in the tender document, ensuring accuracy, transparency, and compliance with government norms.

Financial Requirements

The estimated budget for this empanelment is INR 125,000, which includes all applicable taxes and charges. Bidders must submit a refundable earnest money deposit (EMD) of INR 125,000 along with their bid. The tender fee of INR 5000 is non-refundable and must be paid online. Payment terms are as follows:

  • Bid Submission: Submit bid along with EMD and tender fee.
  • Evaluation: Financial bids will be evaluated based on the total bid amount.
  • Payment Schedule: Payment will be made upon successful completion of valuation reports as per project milestones.
  • Bid Validity: 120 days from the bid submission deadline.

Cost breakdown:

Item Cost
Tender Fee INR 5000
EMD INR 125,000
Total Estimated Cost INR 130,000

Bidders must ensure clarity and transparency in financial proposals, adhering to the guidelines specified in the tender document.

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Authority & Contact

Organization

Gujarat Metro Rail Corporation (GMRC) Ltd.

Department

GMRC Limited Commercial Department

Officer Inviting Bids

GM - Contract

Bid Opening Authority

GM - Contract

Contact Details

07923248572

Address

Gujarat Metro Rail Corporation (GMRC) Limited (SPV of Govt. of Gujarat and Govt. of India)Block No.1, First Floor, Karmayogi Bhavan, Behind Nirman Bhavan, Sector 10/A, Gandhinagar: 382010, Gujarat, India

Tender Data

Bid Details

Tender Type

Open

Sector

Public Sector Undertakings & Joint Venture

Tender Fee

₹5,000

Contract Form

Service

Completion Period

3  Years

Currency Type

Single

Bid Submission Start

25-09-2026 19:45:00

Document Download End

16-10-2026 15:00:00

Bid Validity

120 Days

Additional Tender Data

Commercial Details

Bid To RA

No

Item Category

Other Services

Authority & Contact

Officer Inviting Bids

GM - Contract

Bid Opening Authority

GM - Contract

Address

Gujarat Metro Rail Corporation (GMRC) Limited (SPV of Govt. of Gujarat and Govt. of India)Block No.1, First Floor, Karmayogi Bhavan, Behind Nirman Bhavan, Sector 10/A, Gandhinagar: 382010, Gujarat, India

Contact Details

07923248572

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Documents 1

20260925-Tender Document.pdf

TENDER_DOCUMENT

Categories 8

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Bidding Process

Process Timeline

1. Technical Bid

16-10-2026 15:30

Required Forms

Technical

Tender Fee Form

Library-Standard

Required

Emd Fee Form

Library-Standard

Required

Required Documents

Stage - Technical Bid

1

Documentary Evidence of online payment of Tender Fees instrument

Required
2

Documentary Evidence of online payment of Tender Security or e-BG

Required
3

Minimum Eligibility Applicant (Annexure-2A) with Documentary Evidence – (a) Bachelor’s Degree in Civil Engineering Certificate (b) Insolvency & Bankruptcy Board of India (IBBI) certification (c) Government approved valuer (d) Minimum 3 years’ work experience in the field of Properties (e) valuation in any Govt. Organisation after the completion of the degree.

Required
4

Summary sheet (Annexure-2B) with Documentary Evidence of Valuer’s Educational / Professional qualification criteria (Ref. Table-3 of Section – II, TECHNICAL EVALUATION CRITERIA)

Required
5

Summary sheet (Annexure-2 C1) with Documentary Evidence of current working Experience/ existing Empanelment Status - minimum period 1 year from last date of bid submission (Ref. Table-3 of Section – II, TECHNICAL EVALUATION CRITERIA)

Required
6

Summary sheet (Annexure-2 C2) with Documentary Evidence of Past Experience/ Empanelment Status – minimum period 1 Year within seven years from last date of bid submission (Ref. Table-4 of Section – II, TECHNICAL EVALUATION CRITERIA)

Required
7

Signed and Scan copy of duly filled form and certified by Chartered Accountant of Annexure-2 D, Financial Data

Required
8

Last three(3) years Audited Balance Sheet.

Required
9

Signed and Scan copy of duly filled form Annexure – 6 with necessary attachment such as copy Power of Attorney, BR, MOA, AOA, MOU, Certificate of Incorporation as applicable

Required
10

Signed and Scan copy of duly filled set of Tender document with necessary attachments

Required
11

Any other document as per the requirement of Tender

Form - Tender Fee Form

1

Provide any proof of Bid Processing Fee / Exemption Certificate

Required

Form - Emd Fee Form

1

Provide any proof of EMD Document / BG Document / Exemption Certificate

Required

Eligibility Criteria

✓ Must have a valid digital signature certificate as per IT Act-2000.
✓ Must submit documentary evidence of online payment of tender fees (INR 5000) and earnest money deposit (INR 125,000).
✓ Must possess a Bachelor's Degree in Civil Engineering or related field.
✓ Certification from Insolvency & Bankruptcy Board of India (IBBI) is mandatory.
✓ Must be a Government-approved valuer with minimum 3 years of relevant experience in property valuation.
✓ Evidence of current empanelment/experience in property valuation for at least 1 year.
✓ Past experience of at least 1 year within the last 7 years in government or private sector projects.
✓ Financial stability demonstrated through last three years' audited balance sheets.

Qualification Minimum Requirement
Degree Civil Engineering or equivalent
Certification IBBI Valuer Certification
Experience 3+ years in property valuation
Empanelment Minimum 1 year current, 1 year past
Financials Audited Balance Sheets for last 3 years

✓ Bidders must meet all eligibility criteria to qualify for the technical evaluation.

Frequently Asked Questions

Key insights about GUJARAT tender market

What is the primary purpose of this tender?

This tender aims to empanel qualified property valuation professionals for the Ahmedabad Metro Rail Extension Project, ensuring accurate property assessments for urban infrastructure development.

Who can bid for this tender?

Eligible bidders include property valuation firms, civil engineering consultants, government-approved valuers, real estate professionals, and urban infrastructure contractors meeting the specified criteria.

What are the key eligibility requirements?

Bidders must possess a valid digital signature, submit proof of tender fee and EMD, have a civil engineering degree, IBBI certification, minimum 3 years of valuation experience, and demonstrate financial stability through audited balance sheets.

How is the evaluation process conducted?

Evaluation is based on technical experience, certifications, past project performance, and bid competitiveness. Bids are scored, with minimum qualifying marks of 70%, and the highest-scoring bidders are shortlisted for empanelment.

What are the important dates to remember?

Bid submissions open on 25-09-2026, close on 16-10-2026 at 15:00 hours, with technical bid opening scheduled for 16-10-2026 at 15:30 hours. Evaluation results are expected by 23-10-2026, and empanelment notifications will be issued by 30-10-2026.

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