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AUCTION: Bank Market Sahjawal Commercial Shops and Plots Lease Rights 2026

Tender No: IPL-8946
Expired Tender
Closing Date:
2026-09-09

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Market Committee Sujawal invites interested parties to participate in the open auction for lease rights of commercial shops and plots in the Bank Market, Sujawal. This auction presents a valuable opportunity for businesspersons and investors to secure prime commercial property in a bustling market area. The auction includes both small shops and larger plots, suitable for a variety of commercial activities. Items being auctioned: - Commercial Shop No. 1 (Size: 10x12 ft, 21 years lease, Reserve Price: Rs. 3,00,000) - Commercial Shop No. 2 (Size: 10x12 ft, 21 years lease, Reserve Price: Rs. 3,00,000) - Plot No. 1 (Size: 44.5x22.5 ft, Bank Market, Reserve Price: Rs. 17,58,295) - Plot No. 2 (Size: 50x30 ft, Bank Market, Reserve Price: Rs. 26,34,150) The technical scope covers the lease of these properties for commercial use, with the successful bidder gaining rights for the specified lease period. All interested parties must submit a Call Deposit Receipt (CDR) equivalent to the reserve price for each shop or plot they wish to bid on. The auction will be held at the office of Market Committee Sujawal, and participants must bring original CNIC and proof of CDR submission. Eligibility requires compliance with all terms set by the Market Committee, including timely submission of earnest money and adherence to auction rules. The last date for submission of documents and participation is 09 September 2026, with the auction proceedings commencing at 11:00 AM on the same day. For further details, contact the committee office at the provided phone number. Tip: Arrive early on auction day to complete registration and review property details, as this can give you a strategic advantage in the bidding process.
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