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AUCTION: Lease Rights of Shops and Parking Stands Mian Channu Market Committee 2026-27

Tender No: DIR(AMD/F/VIII-62/2017
Expired Tender
Closing Date:
2026-08-26

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 Mian Channu invites sealed bids for the auction of lease rights for various shops and parking stands for the financial year 2026-27. The auction will be conducted as per the schedule and terms outlined in the notice. Interested parties are encouraged to participate in this open auction to secure lucrative commercial opportunities in the bustling market area of Mian Channu. Items being auctioned: - Shop Lease Rights, General Bus Stand Mian Channu (Annual Lease Value: Rs. 460,000, Earnest Money: Rs. 50,000, Auction Date: 26-08-2026) - Parking Stand, General Bus Stand Mian Channu (Annual Lease Value: Rs. 570,000, Earnest Money: Rs. 50,000, Auction Date: 11 June) - Parking Stand, Bypass Mian Channu (Annual Lease Value: Rs. 660,000, Earnest Money: Rs. 50,000, Auction Date: 12 June) - Parking Stand, Kacha Khoh (Annual Lease Value: Rs. 450,000, Earnest Money: Rs. 50,000, Auction Date: 2 June) - Parking Stand, Pull Rangu (Annual Lease Value: Rs. 400,000, Earnest Money: Rs. 50,000, Auction Date: 3 June) - Parking Stand, Adda Jahanian (Annual Lease Value: Rs. 280,000, Earnest Money: Rs. 50,000, Auction Date: 3 June) Each lot specifies the annual lease value and the required earnest money deposit. The auction will be held at the Market Committee office on the respective dates. Bidders must bring original CNIC and deposit the earnest money via pay order or CDR before participating. Successful bidders will be required to pay 10% of the annual lease value immediately after the auction, with the balance payable as per the committee's schedule. Eligibility requires Pakistani nationals with valid CNICs. Previous defaulters or blacklisted parties are not eligible. For further details, visit the office or contact the undersigned. Submission deadline for all lots is strictly enforced, so ensure timely arrival and documentation. A practical tip: arrive early on auction day to complete registration and review the property locations in person for better assessment.
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