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AUCTION: Lease Rights of Parking, Cycle Stand, and Shops at Sabzi Mandi Chiniot for Financial Year 2026-27
Tender No: DIR/AMDF/VIII-62/2017
Expired Tender
Closing Date:
2024-09-02
2024-09-02
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Submission Method
- Sealed bids to be submitted in person at the office of Market Committee Chiniot before the auction date.
- Estimated Cost
- Rs. 2,300,000 (Lot 1 highest reserve price)
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Secretary Market Committee Chiniot
- Contact Phone
- 0306-8619900
Actions
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Tender Description
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 Chiniot invites sealed bids for the lease rights of various parking, cycle stand, and shop properties at Sabzi Mandi Chiniot for the financial year 2026-27. The auction is open to all eligible parties interested in acquiring these lucrative rights for the specified period. The properties are being offered on a competitive basis, and the successful bidders will be responsible for managing the respective sites as per the terms and conditions set by the committee.
Items being auctioned:
- Lot 1: Parking Stand, Cycle Stand, and Shops at Sabzi Mandi Chiniot (Reserve Price: Rs. 2,300,000, Earnest Money: Rs. 300,000, Auction Date: 02-09-2026)
- Lot 2: Parking Stand, Cycle Stand, and Shops at Sub Yard Lalian (Reserve Price: Rs. 250,000, Earnest Money: Rs. 30,000, Auction Date: 02-09-2026)
- Lot 3: Parking Stand, Cycle Stand, and Shops at Sub Yard Bhawana (Reserve Price: Rs. 250,000, Earnest Money: Rs. 30,000, Auction Date: 02-09-2026)
- Lot 4: Parking Stand, Cycle Stand, and Shops at Sub Yard Chenab Nagar (Reserve Price: Rs. 65,000, Earnest Money: Rs. 10,000, Auction Date: 02-09-2026)
Each lot includes the lease rights for parking, cycle stands, and associated shops at the respective locations. The technical scope covers the management and operation of these facilities for the entire financial year. Bidders must submit earnest money (CDR/Pay Order) as specified for each lot. Only those registered with the relevant tax authorities and fulfilling the committee's requirements will be eligible to participate. The auction will be held at the office of the Market Committee Chiniot, and all bids must be submitted before the specified auction date.
A practical tip: Ensure your CDR or Pay Order for earnest money is prepared in advance and matches the required amount for your chosen lot to avoid last-minute issues during submission.