AUCTION: Lease Rights of Plot No. 399, Saddar Bazar, Karachi for 11th Central Ordnance Depot

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Central Ordnance Depot Karachi is inviting sealed bids for the auction of lease rights for Plot No. 399, Saddar Bazar, Karachi, under the jurisdiction of the 11th Central Ordnance Depot. This auction presents an opportunity for interested parties to acquire the lease rights for a prime commercial property in a central location of Karachi. The auction will be conducted as per the terms and conditions outlined by the department, and all interested bidders are encouraged to participate actively. Items being auctioned: - Lease rights of Plot No. 399, Saddar Bazar, Karachi (Reserve Price: Rs. 13,000,000) The property is situated in a prominent commercial area, making it highly suitable for business activities. The lease will be awarded to the highest bidder, subject to fulfillment of all departmental requirements. Bidders must submit a pay order or demand draft equivalent to 25% of the reserve price as earnest money along with their bid documents. The successful bidder will be required to pay the remaining amount within the stipulated time frame after the auction. All participants must bring their original CNIC and a copy for verification at the time of auction. The auction will be held at the office of the 11th Central Ordnance Depot, Karachi, on 11-11-2026 at 2:00 PM. Bids received after the deadline will not be entertained. A practical tip for bidders: Ensure that your earnest money pay order is prepared in advance and all required documents are complete to avoid any last-minute issues during the auction process. Timely arrival at the auction venue is recommended for smooth participation.