Kathmandu. Prabhu Mahalaxmi Life Insurance Limited is going to buy land or real estate in the ring road of Kathmandu for the construction and operation of its head office.

The company has asked for a sealed tender from interested landowners for this. The company has said that it will buy at least 2 ropanis of land without houses and other structures or at least 1.5 ropanis of land with houses.

The land to be purchased should have access to a blacktopped road of at least 6 meters width. Also, the boundary of the land should be clear, privately owned, and there should be no legal disputes or tenancy problems.

Similarly, priority will be given to land with necessary infrastructure. If there is land with houses, special priority will be given to structures with basement or underground parking facilities.

Interested landowners have to submit the sealed proposal along with notary-certified documents of ownership and necessary documents issued by the local government to the company’s central office, Kamaladi, Kathmandu.

The company has requested to submit the proposal by December 8 at 4 pm. The sealed bid has to be submitted within 35 days from the date of publication of the notice.