AUCTION: Lease Rights of Shop No. 104, Ground Floor, Block No. 10, Jinnah Market, Faisalabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Evacuee Trust Property Board is inviting sealed bids for the lease rights of a commercial property located at Shop No. 104, Ground Floor, Block No. 10, Jinnah Market, Faisalabad. This auction is being conducted as per the department's standard procedures and is open to all eligible parties interested in acquiring the lease rights for this prime commercial location. Items being auctioned: - Shop No. 104, Ground Floor, Block No. 10, Jinnah Market, Faisalabad (Area: 10x12 feet) - Goodwill (Reserve Price): Rs. 581,550 - Monthly Rent: Rs. 2,700 - Lease Period: 1 year The shop is situated in a busy commercial market, making it ideal for retail or service businesses seeking high footfall. The successful bidder will be required to pay the specified goodwill amount as a one-time payment and will enter into a lease agreement for a period of one year, with the possibility of renewal as per the department's terms and conditions. The monthly rent is fixed at Rs. 2,700, and all applicable taxes and utility charges will be borne by the lessee. Interested parties must submit their sealed bids along with a pay order or demand draft for earnest money as specified in the notice. Bidders are required to provide proof of identity, business registration, and any other documents mentioned in the detailed terms. The auction will be held at the office of the Deputy Administrator, Evacuee Trust Property Board, Faisalabad, on 29 October 2026. Bids will be opened in the presence of the bidders or their authorized representatives. A practical tip: Visit the shop location in person before bidding to assess its commercial potential and ensure you are fully aware of the site conditions and local market dynamics.