AUCTION: TMA Food Street Mal Mandi Shops and Food Street Plots Lease Rights 2025-2026

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 Bannu invites sealed bids for the auction of lease rights for Food Street Mal Mandi shops and plots for the financial year 2025-2026. This auction provides an opportunity for interested parties to acquire commercial rights for various food street shops and plots in Bannu, under the jurisdiction of TMA Bannu. The auction will be conducted as per the approved terms and conditions, and successful bidders will be granted lease rights for the specified period. Items being auctioned: - Food Street Block A (Ground Floor): 9 shops, Security Rs. 1,50,000, Reserve Bid Rs. 30,000 per shop - Food Street Block A (First Floor): 4 shops, Reserve Bid Rs. 20,000 per shop - Food Street Block B (Ground Floor): 8 shops, Reserve Bid Rs. 30,000 per shop - Food Street Block B (First Floor): 4 shops, Reserve Bid Rs. 20,000 per shop The auction will be held on 26th, 28th September 2026 and 9th October 2026 at 4:00 PM at the TMA Bannu office. Interested bidders must submit earnest money/security as specified, along with their application, before the auction date. All participants must comply with the eligibility criteria, including submission of valid CNIC, NOC (if applicable), and adherence to the terms of reference set by TMA Bannu. The successful bidder will be required to pay the full bid amount and sign the lease agreement within the stipulated time frame. In case of default, the earnest money will be forfeited. Bidders are advised to carefully review the auction terms and visit the site to assess the location and condition of the shops and plots. For a competitive edge, ensure all required documents are complete and submitted well before the deadline to avoid last-minute issues. For further details, contact the TMA Bannu office during working hours.