Consulting services bids invited by Chennai Metro Rail

10 Mar 2023 CW Team

The consultancy services are provided with the intention of assisting CMRL in generating revenue from commercial development and utilizing the untapped potential of its assets for the generation of non-fare revenue. The consultant is responsible for conducting feasibility studies, market assessments, financial analyses, complete transaction advisory services for retail spaces and land parcels, and bid process management as part of their scope of work. In addition, the consultant is expected to evaluate CMRL with brand-new project proposals, conduct a financial and project structure analysis, and prepare appropriate documentation for successful outcomes.

All qualified consultants are eligible to participate in the tender. To do so, they will need to sign up on the e-procurement portal and provide a valid class II/III Digital Signature Certificate (DSC) from any organization authorized by the Controller of Certifying Authority (CCA), Government. of India, including their profile.

Using a valid Digital Signature Certificate, the consultant must electronically submit soft copies of their bids and proposals via the CPP Portal. Consultants should make sure that only one valid DSC (Digital Signature Certificate) is registered under their name and should never lend their DSC to anyone else in order to prevent misuse. CMRL uses e-procurement to buy goods and services to make sure consultants can participate freely and fairly and to make procurement more transparent.

A tender for digital bids to provide consultancy services for various projects related to feasibility, transaction advisory services, and market study has been issued by Chennai Metro Rail Limited. These services include bid process management services for built-up spaces in Chennai Metro Rail Stations and for CMRL land parcels. The consulting firms will be employed for a period of two years, with a 120-day contract. The deadline for submitting bids is March 15, 2023. The deadline for submitting bids was February 15, 2023. The deadline for submitting bids is March 16, 2023. The consultancy services are provided with the intention of assisting CMRL in generating revenue from commercial development and utilizing the untapped potential of its assets for the generation of non-fare revenue. The consultant is responsible for conducting feasibility studies, market assessments, financial analyses, complete transaction advisory services for retail spaces and land parcels, and bid process management as part of their scope of work. In addition, the consultant is expected to evaluate CMRL with brand-new project proposals, conduct a financial and project structure analysis, and prepare appropriate documentation for successful outcomes. All qualified consultants are eligible to participate in the tender. To do so, they will need to sign up on the e-procurement portal and provide a valid class II/III Digital Signature Certificate (DSC) from any organization authorized by the Controller of Certifying Authority (CCA), Government. of India, including their profile. Using a valid Digital Signature Certificate, the consultant must electronically submit soft copies of their bids and proposals via the CPP Portal. Consultants should make sure that only one valid DSC (Digital Signature Certificate) is registered under their name and should never lend their DSC to anyone else in order to prevent misuse. CMRL uses e-procurement to buy goods and services to make sure consultants can participate freely and fairly and to make procurement more transparent.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..