Lease of Shops at Karachi Cantonment Board for 3 Years

This tender invites bids for leasing shops located at Karachi Cantonment Board, specifically at the location of Iqbal Market, for a period of three years. The shops are offered on a non-premium basis with a monthly rent of Rs. 100,000. The lease includes terms for security deposits, renewal conditions, and usage restrictions. The lease agreement covers conditions such as the prohibition of subletting or partnership without approval, maintenance responsibilities, and penalties for breach of contract. The successful bidder will be responsible for all expenses including utilities and must comply with all board regulations. The tender process follows PPRA rules and requires timely submission by the specified closing date and time.