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AUCTION: Lease Rights of Shop No. 207, Plot No. 50, Block III, KMC Market, Shershah, Karachi
Tender No: 207/2020/50/2022
Active Tender
Closing Date:
2026-09-29
2026-09-29
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- Open Auction
- Submission Method
- In person at KMC Market Office, Block III, Shershah, Karachi
- Estimated Cost
- Rs. 1,500,000
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- ناظر (مارکیٹ)
Actions
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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.
Karachi Metropolitan Corporation (KMC) invites interested parties to participate in the open auction for the lease rights of Shop No. 207, Plot No. 50, Block III, KMC Market, Shershah, Karachi. This auction provides an opportunity to acquire the lease of a commercial shop in a prominent market location within Karachi, under the administrative control of KMC. The auction is being conducted as per the terms and conditions set by the department, and all eligible bidders are encouraged to participate.
Items being auctioned:
- Lease rights of Shop No. 207, Plot No. 50, Block III, KMC Market, Shershah, Karachi (Reserve Price: Rs. 1,500,000)
The technical scope includes the transfer of lease rights for the specified shop, with the successful bidder required to comply with all municipal regulations and lease terms. The shop is suitable for various commercial activities, subject to KMC's approval. Interested parties must submit earnest money as specified in the notice, along with valid CNIC copies and any other required documentation. The auction will be held at the designated KMC office, and all bids must be submitted in person before the deadline. The successful bidder will be responsible for fulfilling all financial and legal obligations as per the auction terms.
Eligibility criteria include submission of earnest money (Pay Order) equivalent to the specified amount, valid identification, and compliance with KMC's auction rules. The deadline for submission is bold 2026-09-29 23:59:59 bold, and the auction will be conducted at the KMC office in Karachi. Bidders are advised to carefully review all terms and conditions and ensure timely submission of all required documents. A practical tip: visit the shop location in advance to assess its commercial potential and clarify any queries with the KMC auction office before the auction date.