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AUCTION: Lease Rights of Vegetable, Fruit, Fish, Chicken, and Meat Market Sites Faisalabad 2026-27

Tender No: IPL-8498
Active Tender
Closing Date:
2026-09-29

Tender Overview

Category
Real Estate & Property
Sector
Auction
Tender Type
Auction
Procurement Method
Open Auction
Submission Method
Online submission and bidding via Punjab e-auction portal
Estimated Cost
Rs. 1,00,00,000 (for main vegetable and fruit market lease)
Source Name
Newspaper

Location & Dates

City
Faisalabad
Province
Punjab
Country
Pakistan
Publish Date
2026-08-19
Closing Date
2026-09-29
Created At
2026-08-19 22:44:05

Contact & Websites

Contact Person
Administrator/Secretary Market Committee Faisalabad
Contact Phone
041-9330092-93
Website
eauctionpamra.punjab.gov.pk
Original Source
eauctionpamra.punjab.gov.pk

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 Faisalabad invites bids for the annual lease rights of various market sites for the financial year 2026-27 through an open e-auction process. The auction will be conducted online via the Punjab e-auction portal. The lease rights pertain to the collection of entry fees, rent, and other market-related charges at designated sites in Faisalabad. This is a significant opportunity for interested parties to secure revenue collection rights for high-traffic market locations in the city. Items being auctioned: - Main Vegetable and Fruit Market, Jhang Road, Faisalabad (Reserve Price: Rs. 1,00,00,000) - Fish Market, Jhang Road, Faisalabad (Reserve Price: Rs. 2,50,000) - Chicken Market, Jhang Road, Faisalabad (Reserve Price: Rs. 60,000) - Meat Market, Jhang Road, Faisalabad (Reserve Price: Rs. 50,000) - Vegetable and Fruit Market, Samundri Road, Faisalabad (Reserve Price: Rs. 5,00,000) Each lot has a specified reserve price, and the highest eligible bidder will be awarded the lease rights for the respective market site for the period from 30-06-2026 to 29-09-2026. Bidders must register on the Punjab e-auction portal and submit a non-refundable registration fee of Rs. 50,000 per lot. Earnest Money (Bid Security) equivalent to 10% of the reserve price must be deposited via pay order or bank draft in favor of Market Committee Faisalabad before participating in the auction. Eligibility requires valid CNIC, registration on the e-auction portal, and compliance with all terms and conditions outlined by the Market Committee. The auction will be held online on 27-08-2026 at 11:00 AM. Successful bidders must fulfill all legal and financial obligations as per the lease agreement. For further details, visit the official portal or contact the committee office. Tip: Ensure your earnest money and registration documents are submitted well before the auction date to avoid last-minute technical issues on the e-auction portal.
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