Acquiring Branch Premises for New Branch at Nowgam, Anantnag.

HR&ADMIN/202627/84: ACQUIRING BRANCH PREMISES FOR NEW BRANCH AT NOWGAM, ANANTNAG.

Page | 1 LEASING OF OFFICE PREMISES GUIDELINES FOR BIDDERS This tender consists of two parts viz. the Technical Bid having terms and conditions, details of offer and the Price Bid. Duly signed and completed separate Technical and Price Bids are to be submitted for each proposal using xerox copies in case of multiple offers. One drafts of Rs.20,000/- payable at Srinagar in favor of State Bank of India (refundable) should be enclosed with each Technical Bid as cost of tender. The Technical Bid and Price Bid for the proposal should be enclosed in separate sealed envelopes and these two envelopes be placed in a single sealed envelope super scribing “Tender for leasing of Branch premises for NOWGAM Branch District ANANTNAG J&K” and submitted to Regional Manager State Bank of India Regional Business office -IV Srinagar Maulana Azad Road Srinagr-190001 on or before 09.09.2026 up to 05:00 PM. Important points of Parameters - 1 Floor area Approximately 1500 to 2500 Sqft area preferably at Ground floor for Branch premises Frontage: 30 ft { Approx } 2 Covered parking space Preferably a dedicated parking space. It is desirable to have parking space for 2/3four-wheelers and 5 two- wheelers for staff. 3 Open parking area Sufficient open parking area for staff/customers. 4 Amenities 24 hours water supply, preferably generator power back up and approx. 30 KW (3 Phase) electrical power supply connection. 5 Possession Ready possession / occupation or to be constructed within 2-3 months. 6 Desired location 7 Preference (i) Premises duly completed in all respect with required occupancy certificate and other statutory approvals of local civic/ concerned authority. (ii) Ground floor for Branch (iii) Govt. Departments / PSU / Banks. 8 Unfurnished premises May be considered and Bank will get the interior and furnishing work as per requirement. 9 Initial period of lease Total minimum 15 years/ Initial 5 years with two options to renew after 5 years at predetermined Page | 2 increase in rent @ 15-25 % after expiry of each term of 5 years, at the time of renewal. 10 Selection procedure Techno-commercial evaluation by assigning 60% weightage for technical parameters and 40% weightage for price bids. 12 Validity of offer 4 months from the date of submission of the bids. 13 Stamp duty / registration charges To be shared in the ratio of 50:50 between the lessor (s) and Bank. Page | 3 TECHNICAL BID (COVER-A) (TO BE SUBMITTED IN A SEPARATE SEALED ENVELOPE) ALL PAGES TO BE DULY SIGNED AND STAMPED BY THE BIDDER/ LESSOR (S) TERMS AND CONDITIONS 1.1 The successful bidder should have clear and absolute title to the premises and furnish legal title investigation report from the SBI’s empaneled advocates, at his/her own cost. The successful bidder will have to execute the lease deed as per the standard terms and conditions finalized by the SBI for the purpose, and the stamp duty and registration charges of the lease deed will be shared equally (50:50) by the lessor (s) and the Bank. The initial period of lease will be 5 years with two options to renew after 5 years at predetermined increase in rent @ 15-25 % after expiry of first term of 5 years, at the time of renewal with requisite exit clause to facilitate full / part de-hiring of space by the Bank only during the pendency of the lease. As regards increase in rents payable, increase in rent shall be subject to market conditions& subject to a maximum ceiling of 25% after initial term of 5 years is completed. After 15 years, rent can be negotiated and finalized with mutual agreement so that new lease can be executed for further term of 5 -15 years. 1.2 Tender document received by the RBO-IV after due date and time i.e 09.09.2026 after 05:00 pm shall be rejected. 1.3 The bidders/lessor (s) are requested to submit the tender documents in separate envelope super-scribed on top of the envelope as Technical Bid or Price Bid as the case may be duly filled in with relevant supporting documents/information at the following address: Regional Manager State Bank of India Regional Business Office -IV Srinagar Maulana Azad Road Srinagr-190001 1.4 All columns of the tender documents must duly fill in and no column should be left blank. All pages of the tender documents (Technical Bid and Price Bid) are to be signed by the authorized signatory of the bidder. Any over-writing or use of white ink is to be duly initialed by the bidder. The SBI reserves the right to reject the incomplete tenders. 1.5 In case the space in the tender document is found insufficient, the lessors may attach separate sheets. 1.6 The offer should remain valid at least for a period of 4 (four) months to be reckoned from the last date of submission of off. Page | 4 1.7 There should not be any deviation in terms and conditions as have been stipulated in the tender documents. However, in the event of imposition of any other conditions, which may lead to a deviation with respect to the terms and conditions as mentioned in the tender document, the lessor (s) is required to attach a separate sheet “list of deviations”, if any. 1.8 The SBI reserves the right to accept or reject any or all the tenders without assigning any reason thereof. In case of exigency and depending upon the suitability, the Bank may as well accept more than one proposal to suit its total requirements. 1.9 Canvassing in any form will disqualify the bidder. No brokerage will be paid to any broker. 1.10 The short listed lessors will be informed by the SBI for arranging site inspection of the offered premises. 1.11 Income Tax and other statutory clearances shall be obtained by the lessors at their own cost as and when required. All payments of rent/service tax/ GST, if applicable to the Lessor(s) shall be made by the Bank through Account Payee Cheque or RTGS/NEFT. 1.12 Preference will be given to the exclusive building/floor in the building having ample parking space in the compound / basement of the building. Preference will also be given to the premises o

Region/Province: LHO, CHANDIGARH

Published: 25-Aug-2026

Closing date: 09-Sep-2026

Issued by State Bank of India.