AUCTION: LCB Commercial Plots Lease Rights 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Lahore Cantonment Board (LCB) invites interested parties to participate in the open auction for lease rights of commercial plots situated within the LCB jurisdiction. The auction will be held at the LCB office on 20-08-2026 at 10:00 AM, with registration and token issuance starting at 10:00 AM and the auction commencing at 10:30 AM. This opportunity is ideal for investors and businesses seeking prime commercial locations in Lahore Cantonment. Items being auctioned: - Lease rights for 106 commercial plots (multipoint/conditional) Each participant must submit a refundable earnest money of PKR 200,000 per plot in the form of pay order or CDR, made out to the Cantonment Executive Officer, Lahore Cantonment Board. The auction is open to all eligible individuals and firms, and the process will be conducted strictly in accordance with PPRA rules. Successful bidders will be required to fulfill all terms and conditions as outlined by LCB, including payment schedules and compliance with lease agreements. Participants are advised to review the detailed terms and conditions available on the LCB and PPRA websites prior to the auction date. The auction committee reserves the right to accept or reject any bid without assigning any reason. For further information, interested parties may contact the LCB office at the numbers provided below or visit the official website. A practical tip for bidders: Arrive early on the auction day to complete registration and secure your token, as latecomers may not be accommodated once the auction begins. Ensure your earnest money pay order or CDR is prepared in advance to avoid last-minute issues.