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AUCTION: Lease Rights of Municipal Committee Tanga Stand Muzaffargarh for FY 2026-27
Tender No: IPL-8658
Expired Tender
Closing Date:
2026-08-31
2026-08-31
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Submission Method
- Sealed bids to be submitted in person at the office of Municipal Committee Muzaffargarh before 31-08-2026 at 11:00 AM
- Estimated Cost
- Rs. 3,700,000
- Source Name
- Newspaper
Location & Dates
- City
- Muzaffargarh
- Province
- Punjab
- Country
- Pakistan
- Publish Date
- 2026-08-21
- Closing Date
- 2026-08-31
- Created At
- 2026-08-21 06:29:54
Contact & Websites
- Contact Person
- Chief Officer
Actions
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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.
Municipal Committee Muzaffargarh invites sealed bids for the public auction of lease rights for the Tanga Stand Muzaffargarh for the financial year 2026-27 (from 01-07-2026 to 30-06-2027). This auction provides an opportunity for interested parties to acquire the rights to operate and collect revenue from the Tanga Stand for the specified period. The auction will be conducted as per the terms and conditions outlined by the committee.
Items being auctioned:
- Lease rights of Tanga Stand Muzaffargarh for FY 2026-27 (Reserve Price: Rs. 3,700,000, Annual Value: Rs. 3,700,000)
The successful bidder will be required to deposit 10% of the annual lease value as earnest money at the time of the auction. The remaining amount must be paid according to the schedule set by the Municipal Committee. Bidders must be registered taxpayers and should not be defaulters of any government dues. The auction will be held at the office of the Municipal Committee Muzaffargarh, and all interested parties are encouraged to participate. The last date for submission of sealed bids is 31-08-2026 at 11:00 AM, after which the bids will be opened in the presence of the participants.
It is advisable for bidders to visit the Tanga Stand site before participating in the auction to assess the business potential and operational requirements. Ensure all required documents and earnest money are prepared in advance to avoid last-minute issues. For further details, contact the office of the Chief Officer, Municipal Committee Muzaffargarh. This is a valuable opportunity for those interested in municipal lease rights within Muzaffargarh.
