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AUCTION: Lease Rights of Parking Sites, Shops, and Plots at Municipal Committee Choa Saidan Shah 2026

Tender No: IPL-8535
Active Tender
Closing Date:
2026-09-02

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. Municipal Committee Choa Saidan Shah is inviting sealed bids for the auction of lease rights for various municipal properties, including parking sites, shops, and plots for the financial year 2026-27. The auction will be conducted as per the Punjab Local Government Auction Rules 2018, and interested parties are encouraged to participate by submitting their bids along with the required earnest money in the form of CDR or Pay Order. The auction will take place at the office of the Municipal Committee Choa Saidan Shah on 02-09-2026 at 11:00 AM. Items being auctioned: - Parking Stand at Choa Saidan Shah General Bus Stand (03 years), Reserve Price: 200,000 PKR, Annual Value: 3,225 PKR - Parking Stand at Choa Saidan Shah General Bus Stand (03 years), Reserve Price: 250,000 PKR, Annual Value: 7,502 PKR - Parking Stand at Choa Saidan Shah General Bus Stand (03 years), Reserve Price: 250,000 PKR, Annual Value: 7,986 PKR - Shop No. 13, General Bus Stand, Reserve Price: 50,000 PKR, Annual Value: 12,010 PKR - Shop No. 14, General Bus Stand, Reserve Price: 50,000 PKR, Annual Value: 5,280 PKR - Plot No. 15, General Bus Stand, Reserve Price: 500,000 PKR, Annual Value: 310,000 PKR - Plot No. 16, General Bus Stand, Reserve Price: 500,000 PKR, Annual Value: 185,000 PKR - Plot No. 7, General Bus Stand, Reserve Price: 20,000 PKR, Annual Value: 5,500 PKR - Various other shops and plots (details in notice), Reserve Price: 40,000 PKR and 20,000 PKR, Annual Value: 6,000 PKR and 3,000 PKR The technical scope includes the lease of parking management rights, commercial shop spaces, and open plots for business or parking use. All interested bidders must be registered taxpayers and provide valid CNIC copies. Earnest money as specified for each lot must be deposited before the auction date. The successful bidder will be required to sign a lease agreement and comply with all municipal regulations. Bids must be submitted in person at the Municipal Committee office before the auction date. For best results, bidders should visit the sites in advance to assess the property conditions and clarify any queries with the committee staff. Timely submission of earnest money and complete documentation will enhance your chances of success.
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