AUCTION: Lease of New Sabzi Mandi and Phal Mandi Plots Renala Khurd Okara 2026

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 Renala Khurd, District Okara, invites interested businesspersons and representatives to participate in the open auction for the lease rights of plots and shops at the New Sabzi Mandi and Phal Mandi, Renala Khurd. This is an excellent opportunity for those seeking to establish or expand their business in a prime market location under secure and regulated conditions. The auction will be conducted in accordance with the Punjab Agricultural Produce Markets Act and all relevant rules, ensuring transparency and fairness for all participants. Items being auctioned: - 1 Plot (18x50 feet, Sabzi Mandi) with annual reserve price Rs. 2,400,000 (CDR Rs. 240,000) - 27 Shops (10x12 feet, Phal Mandi) with annual reserve price Rs. 3,500,000 (CDR Rs. 350,000) The technical scope includes the lease of market plots and shops, all equipped with CCTV surveillance and essential market facilities. The successful bidder will be responsible for compliance with all market regulations and timely payment of lease installments. Bidders must submit a Call Deposit Receipt (CDR) equal to 10% of the reserve price for each lot they wish to bid on. The auction will be held at the office of the Market Committee Renala Khurd. Only those who deposit the required CDR and fulfill eligibility criteria will be allowed to participate. The highest bidder will be awarded the lease, subject to approval by the competent authority. Earnest money in the form of CDR is mandatory. Bidders are advised to bring original CNIC and proof of CDR deposit. The last date for submission of CDR and participation documents is 19-10-2026 at 12:00 PM. The auction for the plot will be held on 15-10-2026 at 12:00 PM, and for the shops on 19-10-2026 at 12:00 PM. For best results, visit the market site in advance to assess the location and business potential before bidding.