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Auction of Company Owned Land at Sheikhupura Faisalabad Road

Active Tender
Closing Date:
2026-11-02

Tender Document

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. Sealed bids are invited for the sale of the Company's owned land measuring 165 Kanal 14 Marla, having a front of 920 feet on main Sheikhupura Faisalabad Road, situated at 8-KM Faisalabad Road, Aslamabad, Kharianwala, Sheikhupura, on an 'As-Is, Where-Is' basis. Property details and on-site inspection are available during office hours from 14-10-2026 to 01-11-2026 upon written request. Bids must be accompanied by 5% of the total bid value as refundable, interest-free Earnest Money via Pay Order / Demand Draft from any scheduled bank in favour of 'M/s Nazir Cotton Mills Limited'. Bids without earnest money will be rejected. Unsuccessful bidders' earnest money will be refunded within 3 days. The successful bidder must deposit 25% of the total bid value within five (5) working days of bid acceptance. Sealed offers marked 'Bid for Land Purchase' must reach the undersigned by 2nd November 2026 before 1:00 pm. Late bids will not be entertained. The Company accepts no responsibility for postal delays. The Company reserves the right to accept/reject any or all bids or cancel the bidding process at any stage without assigning any reason. Items being auctioned: - Land measuring 165 Kanal 14 Marla - Frontage of 920 feet on main Sheikhupura Faisalabad Road - Location: 8-KM Faisalabad Road, Aslamabad, Kharianwala, Sheikhupura This auction offers a prime land parcel on a major road, ideal for investors or developers. Bidders should ensure timely submission of bids with proper earnest money to avoid disqualification. On-site inspection is recommended to assess the property condition and location advantages. The earnest money and deposit terms are strict; bidders must prepare financial instruments accordingly. Late submissions or incomplete bids will be rejected without consideration. A practical tip for bidders: Visit the site early during the inspection period to verify all details and clarify any queries with the company contact. This will help in preparing a competitive and informed bid.
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