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AUCTION: Falah and Mashatayen Land at College Chowk Sahiwal

Tender No: IPL-10158
Active Tender
Closing Date:
2026-10-11

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. Tehsil Municipal Administration Sahiwal is inviting interested parties to participate in the open auction for the lease rights of Falah and Mashatayen land located at College Chowk, Sahiwal. The auction is being conducted for the financial year 2026-27, and the successful bidder will be granted the right to utilize the specified land for the stated period. The auction will be held at the office of the Administrator, Tehsil Municipal Administration Sahiwal, on 11 October 2026 at 11:00 AM. The reserve price for the lease is set at Rs. 2,016,000 per annum, and participants are required to submit 10% of the reserve price as earnest money in the form of CDR/PO. Items being auctioned: - Lease rights of Falah and Mashatayen land at College Chowk, Sahiwal (Reserve price: Rs. 2,016,000 per annum) The technical scope includes the management and utilization of the leased land as per municipal regulations. The successful bidder must comply with all terms and conditions set by the Tehsil Municipal Administration, including timely payment of the lease amount and adherence to usage guidelines. Eligibility criteria require bidders to submit valid CNIC copies, proof of financial capability, and the required earnest money. The auction process is transparent, and all interested parties are encouraged to inspect the site prior to bidding. Bids must be submitted in person at the designated office before the auction date. For best results, bidders should ensure all documentation is complete and arrive early on the auction day to complete registration and clarify any queries with the administration. Remember, the highest bid above the reserve price will be considered, and the successful bidder must deposit the remaining amount within the stipulated timeframe.
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