AUCTION: Lease Rights of Cattle Market at Vehari Road Multan for Financial Year 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. Multan Development Authority (MDA) invites interested parties to participate in the open auction for the lease rights of the cattle market located at Vehari Road, Multan, for the financial year 2026-27. The auction will be held at the MDA office on 08-09-2026 at 2:00 PM. The reserve price for the lease rights has been set at PKR 7,06,850 for the year. Items being auctioned: - Lease rights of the cattle market at Vehari Road, Multan (Reserve price: PKR 7,06,850 for FY 2026-27) The successful bidder will be granted the right to operate and collect fees from the cattle market for the specified period. The auction is open to all eligible Pakistani individuals and firms. Participants must bring their original CNIC and submit earnest money equivalent to 10% of the reserve price in the form of a pay order or CDR in favor of Multan Development Authority. The remaining amount must be deposited within 13 days of the auction. Failure to deposit the full amount within the stipulated time will result in forfeiture of the earnest money and cancellation of the award. All applicable taxes, including income tax and GST, will be the responsibility of the successful bidder. The lease period will commence from the date of possession. Bidders are advised to inspect the site and review all terms and conditions before participating. NTN registration is mandatory (NTN No. 9020251-1). The auction committee reserves the right to accept or reject any or all bids without assigning any reason. For further details, interested parties may contact the numbers provided below or visit the MDA office during working hours. Tip: Arrive early on the auction day to complete registration and review the site conditions, as this can give you a strategic advantage in the bidding process.