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AUCTION: Collection Rights and Lease of District Council Jhang Properties and Lands 2026-2027
Tender No: IPL No. 10424
Active Tender
Closing Date:
2026-10-14
2026-10-14
Tender Overview
- Category
- Asset Disposal & Auction / Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at District Council Jhang office on auction day with earnest money deposit
- Estimated Cost
- Rs. 3163333 (highest reserve price for collection rights)
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Chief Officer
Actions
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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.
District Council Jhang is inviting open public auction bids for the collection rights of various taxes and the lease of council-owned lands and properties for the financial year 2026-2027. The auction will be held at the District Council Jhang office on 14/10/2026 at 11:00 AM. Interested parties are required to deposit 10% of the reserve price as earnest money before participating in the auction. This is a significant opportunity for local contractors, property managers, and collection agents to secure lucrative rights for the upcoming year.
Items being auctioned:
- Collection Rights (Thakeekat):
- Badi Thakeekat (Reserve Price: Rs. 2,803,333)
- Choti Thakeekat Raja Shah (Reserve Price: Rs. 174,000)
- Ghoor Thakeekat (Reserve Price: Rs. 3,163,333)
- Darakhtan Ka Hasool (Reserve Price: Rs. 2,541,667)
- Samanabad (Reserve Price: Rs. 350,333)
- Samundari (Reserve Price: Rs. 836,667)
- Lease of Council Properties (Arzain/Land/Shop Lease):
- Shop No. 5, Jhang (10 years) (Reserve Price: Rs. 85,000)
- Shop No. 38, Jhang (2 years) (Reserve Price: Rs. 8,000)
- Shop No. 40, Jhang (2 years) (Reserve Price: Rs. 8,000)
- Shop No. 2, Jhang (2 years) (Reserve Price: Rs. 3,500)
- Lease of Parking Stand, Jhang (1 year) (Reserve Price: Rs. 200,000)
- Lease of Cattle Market, Jhang (1 year) (Reserve Price: Rs. 152,708)
All participants must bring original CNIC and proof of deposit for earnest money. The successful bidder will be required to pay the remaining amount as per council rules. The auction is open to all eligible Pakistani citizens, and preference will be given to those with prior experience in similar contracts. Bidders are advised to carefully review the terms and conditions, including the requirement for timely payment and compliance with council regulations.
A practical tip: Arrive early on auction day to complete registration and verify your earnest money deposit, as latecomers may not be allowed to participate. For further details, visit the District Council Jhang office or contact the undersigned.