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AUCTION: Market Committee Hafizabad Shops and Plots Lease Rights 2026

Tender No: IPL-8178
Active Tender
Closing Date:
2026-08-24

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 Hafizabad is inviting interested parties to participate in the open auction for lease rights of shops and plots under its jurisdiction for the year 2026. The auction will be conducted at the office of the Market Committee Hafizabad on the specified dates. This is an excellent opportunity for individuals and businesses seeking to acquire commercial property rights in a prime market location in Hafizabad. Items being auctioned: - Shop/Plot No. 1 (Area: 1100 sq. ft., Auction Date: 17-08-2026, Reserve Price: Rs. 50000 per kanal, Earnest Money: Rs. 5000) - Shop/Plot No. 2 (Area: 900 sq. ft., Auction Date: 17-08-2026, Reserve Price: Rs. 50000 per kanal, Earnest Money: Rs. 5000) The technical scope includes the lease of commercial shops and plots for business activities as per the terms and conditions set by the Market Committee. The successful bidder will be required to pay the lease amount as per the reserve price and deposit the specified earnest money (CDR/Pay Order) at the time of auction. All participants must bring their original CNIC and proof of earnest money deposit. The auction will be held in the presence of the committee, and the highest bidder will be awarded the lease rights, subject to approval by the competent authority. Eligibility criteria include submission of earnest money, compliance with the terms and conditions of the auction, and provision of valid identification documents. The deadline for participation is 24-08-2026. Interested parties are advised to visit the Market Committee office in Hafizabad for further details and to inspect the properties before the auction date. A practical tip: Arrive early on the auction day to complete registration and review the property documents thoroughly to ensure a smooth bidding process.
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