AUCTION: Lease of Government Agricultural Land at Vocational Training Institute Muridke (VTI) for 2026-29

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Vocational Training Institute Muridke (VTI) is inviting interested parties to participate in an open auction for the lease of its government agricultural land for the period 2026-29. The auction will be held at the VTI Burj Attari campus in Muridke, Punjab. This is an excellent opportunity for local farmers, agribusinesses, and investors to secure the lease rights to productive agricultural land managed by a reputable government institution. Items being auctioned: - Lease rights for government agricultural land (exact area not specified) at Vocational Training Institute Muridke (VTI) for the years 2026-29 The technical scope includes the use of the leased land for agricultural purposes as per the terms and conditions set by the institute. The successful bidder will be responsible for adhering to all legal and institutional requirements regarding land use and payment schedules. The auction will be conducted in an open and transparent manner, with all participants required to submit an earnest money deposit of PKR 156,250 in the form of a pay order in favor of Vocational Training Institute Muridke, Bank of Punjab. Eligibility criteria include submission of the earnest money, compliance with all auction terms, and timely payment of the annual lease amount. The successful bidder must pay 15% of the total lease amount immediately after the auction, with the remaining amount to be paid as per the schedule outlined by the institute. The lease will be awarded to the highest bidder, subject to approval by the competent authority. The auction will take place on 27-08-2026 at 11:00 am at the VTI Burj Attari campus. Interested parties are advised to arrive early and ensure all required documents and pay orders are prepared in advance. A practical tip: bring a copy of your CNIC and ensure your pay order is correctly filled out to avoid last-minute issues. For further details, contact the Principal at the numbers provided below.