AUCTION: Lease Rights of Fish Market Municipal Committee Farooqabad 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. The Municipal Committee Farooqabad invites interested parties to participate in the open auction for the lease rights of the Fish Market for the financial year 2026-27. The auction will be held at the office of the Municipal Committee Farooqabad on 22 August 2026 at 11:00 AM. This is an excellent opportunity for bidders seeking to acquire the income rights from the Fish Market for the specified period. Items being auctioned: - Lease rights of Fish Market Municipal Committee Farooqabad for the period from 01.09.2026 to 30.06.2027 (Reserve price: Rs. 1,721,148, Earnest money: Rs. 172,148) The successful bidder will be responsible for the collection of income from the Fish Market as per the terms and conditions set by the Municipal Committee. All interested parties must deposit 10 percent of the reserve price as earnest money in the form of a pay order or CDR in favor of the Municipal Committee Farooqabad before participating in the auction. The highest bid above the reserve price will be considered for approval, subject to the fulfillment of all legal and administrative requirements. Bidders must ensure they are not defaulters of the Municipal Committee and must present valid CNICs at the time of auction. The lease period will commence from 1 September 2026 and end on 30 June 2027. The successful bidder will be required to pay all dues and taxes as per government rules. For further details, interested parties may contact the office of the Chief Officer, Municipal Committee Farooqabad. A practical tip: Arrive early on the auction day to complete the earnest money deposit and registration process smoothly, as latecomers may not be allowed to participate.