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AUCTION: General Bus Stand and New Fruit Market Stand Collection Rights Ali Pur 2026-27
Tender No: IPL-8501
Expired Tender
Closing Date:
2026-08-28
2026-08-28
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- Sealed bids to be submitted in person at the office of Market Committee Ali Pur before 12:00 PM on 28.08.2026
- Estimated Cost
- Rs. 3,000,000
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Secretary Market Committee Ali Pur
Actions
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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 Ali Pur invites sealed bids for the auction of collection rights for the General Bus Stand and New Fruit Market Stand for the financial year 2026-27. The auction will be held at the office of the Market Committee Ali Pur on 28.08.2026 at 12:00 PM. Interested parties are encouraged to participate in this open auction to secure the rights for these lucrative collection points in Ali Pur.
Items being auctioned:
- General Bus Stand Collection Rights, Ali Pur (Reserve Price: Rs. 3,000,000, Earnest Money: Rs. 300,000)
- New Fruit Market Stand Collection Rights, Ali Pur (Reserve Price: Rs. 1,200,000, Earnest Money: Rs. 120,000)
The successful bidder will be granted the right to collect fees and manage the respective stand for the period from 01.09.2026 to 30.06.2027. All participants must submit earnest money (CDR/Pay Order) as specified above, along with their application. The auction is open to all eligible parties, but preference will be given to those with a clean record and no outstanding dues with the Market Committee. Bidders must not be blacklisted or involved in any litigation against the committee. The successful bidder will be required to sign an agreement and deposit the full amount within the stipulated time.
The auction process will be transparent, and all terms and conditions are available at the office of the Market Committee Ali Pur. For further details, interested parties may visit the office during working hours. A practical tip: Arrive early on auction day to complete registration and review the terms, as latecomers may not be accommodated. Ensure your CDR and documentation are in order to avoid disqualification.
This is an excellent opportunity for local entrepreneurs and businesses to secure profitable collection rights for the upcoming financial year.