AUCTION: Lease Rights for Cattle Market Shakargarh 2026-27

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. District Council Shakargarh invites sealed bids from interested parties for the lease rights of the Cattle Market Shakargarh for the financial year 2026-27. This public auction is an opportunity for eligible bidders to acquire the rights to operate and collect revenue from the cattle market, which is a significant commercial site in Shakargarh. The auction will be conducted at the office of the District Council Shakargarh on 24-09-2026 at 12:00 PM. Items being auctioned: - Lease rights for Cattle Market Shakargarh (Reserve Price: Rs. 6,095,000, Earnest Money: Rs. 609,500, Lease Period: 01-10-2026 to 30-06-2027) The successful bidder will be responsible for managing the cattle market operations and ensuring compliance with all relevant municipal and legal requirements. The reserve price for the lease is set at Rs. 6,095,000, and all bidders must submit earnest money of Rs. 609,500 in the form of a CDR along with their application. Only those who fulfill the eligibility criteria and submit the required documentation will be allowed to participate in the auction. The lease period covers the full financial year 2026-27, from 01-10-2026 to 30-06-2027. Interested parties must ensure that their bids are submitted in a sealed envelope to the office of the District Council Shakargarh before the deadline. The auction committee will open the bids in the presence of the bidders. It is mandatory for all participants to be present at the time of the auction. The successful bidder must deposit the full lease amount as per the terms and conditions outlined in the notice. In case of any dispute, the decision of the auction committee will be final. Tip: Carefully review the terms regarding the 10% annual increase and ensure your bid accounts for all operational costs and compliance requirements to avoid future disputes.