CPWD has floated a ₹233.83 crore tender to redevelop the Reserve Bank of India residential complex for Class IV staff at Malad Phase-1, Raheja Township, Malad East, Mumbai; bids close 23 September 2026.
What CPWD is asking for
The Central Public Works Department, Project Region Mumbai (SE Mumbai-I), is running this Mumbai redevelopment tender as an EPC percentage-rate contract in a single-stage open bid. Published on 20 August 2026, it carries an EMD of ₹2,43,82,793 with no tender fee, and a short 75-day bid validity, which signals CPWD wants to award quickly. The tender bundle on the portal runs to hundreds of documents, so give your estimation team a proper head start before the 23 September deadline.
Who can bid
This is a works contract, not a developer deal: there are no development rights on offer, and payment comes from CPWD against executed work. That makes it a fit for building contractors and EPC firms with high-rise residential experience in Mumbai, where redevelopment jobs mean working inside a live township with tight staging space. CPWD eligibility and registration conditions apply as per the NIT, so read the qualification criteria before you spend on the bid.
Plant and machinery on this job
Redevelopment starts with controlled dismantling, so excavators with breaker attachments lead the schedule, followed by deep foundation work in Mumbai’s monsoon-sensitive ground. Tower and mobile cranes, concrete mixers and steady concrete supply carry the structure phase. Space in Malad East is tight; compact machines and careful material handling matter more here than raw fleet size.
Key facts
Tender ID
2026_ProjectR_166662_1
Reference no.
02/SE-Mum-I/CPWD/2026-27
Issuing authority
CPWD, Project Region Mumbai (SE Mumbai-I), Government of India
Location
Malad Phase-1, Raheja Township, Malad East, Mumbai, Maharashtra
The disclosed estimate is ₹233.83 crore for redeveloping the RBI residential complex for Class IV staff at Malad Phase-1, Mumbai.
When do bids close for tender 2026_ProjectR_166662_1?
Bids close on 23 September 2026 and open the same day, with a 75-day bid validity.
What is the EMD for this CPWD tender?
The EMD is ₹2,43,82,793; there is no tender fee. Accepted EMD instruments are listed in the NIT on the CPWD eTender portal.
Is this a developer or PPP project?
No. It is a CPWD EPC works contract paid against executed work; no development rights or land monetisation are part of the deal.
Tender details are summarised for convenience and may change. Always verify the latest dates, terms and documents on the official tendering portal before bidding. DesiMachines is not responsible for changes made by the issuing authority.
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