AUCTION: 4.25 Kanal Commercial Corner Plot in Gulberg 3 Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. A prime opportunity is being offered by the Lahore Development Authority (LDA) for interested investors and developers in Lahore. The department is conducting an open auction for a highly valuable commercial corner plot measuring 4.25 kanal, located in the prestigious Gulberg 3 area. This plot is situated at 39/B2, directly opposite a beautiful park and in close proximity to MM Alam Road and the main market, making it an ideal location for commercial development. Items being auctioned: - 4.25 kanal commercial corner plot, address: 39/B2, Gulberg 3, Lahore (Reserve price: Rs. 360,000,000) The technical scope of this auction involves the transfer of ownership rights for the specified plot to the highest successful bidder. The plot's location ensures high commercial value and visibility, suitable for a wide range of business ventures. Interested parties should note that the auction will be held on 18 November 2026. Bidders are required to submit a pay order of Rs. 10 million as earnest money along with their application to participate in the auction process. Eligibility criteria include submission of the required earnest money pay order, valid CNIC, and compliance with all terms and conditions as outlined by LDA. The auction will be conducted in person at the specified location, and all interested bidders are encouraged to visit the site beforehand to assess its suitability for their intended use. A practical tip for bidders: Ensure your pay order for the earnest money is prepared in advance and double-check all documentation to avoid last-minute issues on auction day. Early arrival at the auction venue is recommended to complete registration smoothly.