AUCTION: Kikar Trees Cutting Rights in Gujranwala

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Market Committee Gujranwala is conducting a public auction for the cutting rights of kikar trees located at the Market Committee premises in Gujranwala. Interested parties are invited to participate in this open auction, which will be held on 03-12-2026 at 12:30 PM at the Market Committee office. The total reserve price for the kikar trees is set at Rs. 54,698. The successful bidder will be granted the right to cut and remove the specified trees as per the terms and conditions outlined by the committee. Items being auctioned: - Cutting rights for kikar trees (total reserve price: Rs. 54,698) The auction is open to all eligible individuals and firms. Participants must bring a valid CNIC and submit earnest money in the form of a CDR or pay order equivalent to 10 percent of the reserve price before the auction begins. The successful bidder will be required to deposit the remaining amount within the stipulated time frame. All taxes, duties, and incidental charges will be borne by the successful bidder. The auction committee reserves the right to reject any or all bids without assigning any reason. The auction will be conducted in the presence of the committee and interested bidders. For further details, visit the Market Committee office during working hours. The deadline for participation is 03-12-2026 at 12:30 PM. A practical tip for bidders: ensure your CDR or pay order is prepared in advance and double-check the validity of your CNIC to avoid last-minute issues during registration.