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AUCTION: Lease Rights of Parking Sites and Shops at Vegetable Market Multan

Tender No: 4254
Active Tender
Closing Date:
2026-09-26

Tender Document

Tender Document

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 Multan is inviting interested parties to participate in the open auction for lease rights of various parking sites and shops located at the Vegetable Market Multan. The auction will be held at the office of the Technical Officer, Market Committee Multan, on 26-09-2026 at 11:00 AM. The following properties are being offered for lease: - Parking Stand (area: 4254 square yards) - Fruit Shop No. 2 (area: 398 square feet) - Fruit Shop No. 3 (area: 382 square feet) - Fruit Shop No. 4 (area: 647 square feet) All interested bidders are required to bring their original CNIC and a pay order or CDR equivalent to 10 percent of the reserve price as earnest money. The successful bidder must deposit 50 percent of the bid amount immediately after the auction, with the remaining amount to be paid within the stipulated period as per the terms and conditions. The lease period, terms of use, and other relevant details will be provided at the time of auction. The auction committee reserves the right to accept or reject any bid without assigning any reason. Bidders must ensure they are not defaulters of the Market Committee and must comply with all eligibility requirements. The auction is open to all eligible Pakistani citizens and business entities. For further details, interested parties may contact the office during working hours. The auction will be conducted in accordance with the relevant rules and regulations. A practical tip: Arrive early on the auction day to complete registration and review the property locations in person, as this can give you a strategic advantage in the bidding process.
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