Auction of Commercial Plots for Shops in Artisan Colony Mithi

Sindh Small Industries Corporation is conducting an open auction for commercial plots designated for shops in Artisan Colony, Mithi. This opportunity is specifically for interested parties looking to acquire commercial property on a 99-year leasehold basis in this industrial hub of Sindh. The auction will take place on Thursday, July 2, 2026, at 1:00 PM on-site at Artisan Colony, Mithi. The auction involves commercial plots with final measurements and shapes to be determined on-site. The base price for each plot will be announced before bidding begins. Participants must submit a security deposit of PKR 50,000 via pay order in favor of Sindh Small Industries Corporation before bidding. The successful bidder is required to pay 50% of the total bid amount on the auction day, with the remaining 50% payable within 30 days. Failure to pay the balance will result in forfeiture of the deposit and cancellation of the offer letter. This auction is open to all interested parties; however, bidders should ensure compliance with relevant tax obligations, including withholding tax as per Section 236/A of the Income Tax Ordinance 2001. The plots are strictly for commercial use and cannot be used for residential purposes. For participation, bidders should prepare the earnest money in the form of a pay order and be ready to meet payment deadlines promptly. The auction process is straightforward but requires careful financial planning. A practical tip for bidders is to arrange the security deposit and initial payment well in advance to avoid disqualification. Contact the Sindh Small Industries Corporation Regional Office in Wahdat Colony, Qasimabad Hyderabad, or call 022-9240175 or 0333-2712844 for further details. This is a prime opportunity for businesses seeking commercial space in Mithi under the governance of Sindh Small Industries Corporation with clear terms and conditions.