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AUCTION: Lease Rights of Parking Sites and Commercial Properties Khurrianwala 2026

Active Tender
Closing Date:
2026-11-24

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. The Housing Agency Khurrianwala invites open public auction bids for the lease rights of various parking sites and commercial properties for the financial year 2025-2026. This auction presents an opportunity for interested parties to secure lucrative lease contracts for parking stands, shops, canteens, and other commercial spaces in Khurrianwala and its adjoining areas. The auction will be conducted under the rules of PPRA, following a Single Stage Two Envelope procedure, ensuring transparency and fair competition. Items being auctioned: - Parking Stand (General Bus Stand Park), lease period 1.45 years, reserve price Rs. 600,000/- - Parking Stand (General Bus Stand), lease period 1.54 years, reserve price Rs. 600,000/- - Parking Stand (General Bus Stand), lease period 11 months, reserve price Rs. 6,324,000/- - Canteen Shop, lease period 2 years, reserve price Rs. 408,000/- - Canteen Shop, lease period 2 years, reserve price Rs. 408,000/- - Canteen Shop, lease period 2 years, reserve price Rs. 408,000/- - Canteen Shop, lease period 4 years, reserve price Rs. 720,000/- - Shop, lease period 1 year, reserve price Rs. 300,000/- - Shop, lease period 4 years, reserve price Rs. 1,200,000/- - Shop, lease period 5 years, reserve price Rs. 600,000/- - Shop, lease period 10 years, reserve price Rs. 150,000/- - Shop, lease period 10 years, reserve price Rs. 960,000/- - Shop, lease period 5 years, reserve price Rs. 1,630,475/- - Shop, lease period 5 years, reserve price Rs. 971,630/- - Shop, lease period 1 year, reserve price Rs. 1,235,000/- Each property comes with a specified lease duration and reserve price. Bidders must submit earnest money as per the reserve price, along with their technical and financial proposals, by 24 November 2026, 1:00 PM at the Housing Agency Khurrianwala office. The technical bids will be opened the same day at 1:30 PM in the presence of bidders or their representatives. Only those fulfilling eligibility criteria, including relevant experience and financial capacity, will be considered. All participants must ensure their registration with FBR and provide valid documentation. A practical tip: Carefully review the lease durations and reserve prices for each lot, and prepare your earnest money and documentation in advance to avoid last-minute issues. For further details, visit the agency office or contact the undersigned.
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