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AUCTION: Lease Rights of Shops and Plots at Municipal Committee Khairpur Tamewali

Tender No: IPB-727
Active Tender
Closing Date:
2026-10-28

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. The Municipal Committee Khairpur Tamewali is inviting interested parties to participate in a public auction for the lease rights of various shops and plots located at prime sites within Khairpur Tamewali. The auction will be held on 28-10-2026 at 11:00 AM at the office of the Municipal Committee. This is an excellent opportunity for local investors, traders, and business owners to secure commercial property rights for multiple years at competitive annual rates. Items being auctioned: - Shop No. 1, situated at 23 Chak, measuring 134 square feet, with a reserve price of PKR 200,000 per annum, lease term up to 2027, extendable to 2029 - Shop No. 2, situated at 23 Chak, measuring 38 square feet, with a reserve price of PKR 200,000 per annum, lease term 12 years - Shop No. 3, situated at 23 Chak, measuring 15 square feet, with a reserve price of PKR 200,000 per annum, lease term 15 years - Shop No. 4, situated at 23 Chak, measuring 12 square feet, with a reserve price of PKR 150,000 per annum, lease term 12 years - Shop No. 5, situated at 24 Chak, measuring 150 square feet, with a reserve price of PKR 200,000 per annum, lease term 12 years Each shop/plot comes with a specified annual reserve price and lease duration. Bidders must bring their original CNIC and deposit earnest money as per the terms stated in the notice. The successful bidder will be required to pay the annual lease amount and fulfill all municipal requirements. Only those who meet the eligibility criteria and submit the required documentation will be allowed to participate in the auction. The auction will be conducted in the presence of the committee, and the highest bid will be accepted subject to approval. For best results, bidders should inspect the properties in advance and ensure all documents are complete before the auction date. Remember to arrive early to complete registration and avoid last-minute issues.
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