AUCTION: Lease Rights of Municipal Property Land for Bus Stand Gujranwala

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Municipal Corporation Gujranwala invites sealed bids for the public auction of lease rights for municipal property land at the bus stand in Gujranwala. This auction is being conducted under the Punjab Local Government Act 2019 and Punjab Rented Premises Act 2009, offering an opportunity for interested parties to acquire lease rights for commercial use of the specified municipal property. Items being auctioned: - Lease rights of municipal property land at bus stand, Gujranwala (annual reserve rent: Rs. 4,80,000/-) The technical scope includes the lease of the specified municipal land for a period of three years, with the successful bidder required to pay the annual rent as per the reserve price or higher, depending on the outcome of the auction. The property is suitable for commercial activities related to bus stand operations and associated services. The auction will be held at the office of the Chief Officer, Municipal Corporation Gujranwala, on 17-11-2026 at 11:00 AM. Interested parties must submit their sealed bids along with a pay order or CDR equivalent to 10% of the annual reserve rent as earnest money. The successful bidder will be required to pay all applicable taxes and comply with the terms and conditions outlined in the auction notice. Eligibility criteria include submission of valid CNIC, proof of financial capability, and compliance with all municipal regulations. Bidders must not be defaulters of any government dues and should not have been blacklisted by any government department. The auction process will be transparent, and the highest bid above the reserve price will be considered for award, subject to approval by the competent authority. Bids must be submitted in person at the designated office before the auction date. For best results, bidders are advised to visit the property site in advance to assess its commercial potential and clarify any queries with the municipal office prior to the auction.