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AUCTION: Lease Rights of Market Committee Shops and Collection Rights Shujabad 2026-27

Tender No: IPL-10195
Active Tender
Closing Date:
2026-10-06

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 Shujabad invites interested parties to participate in the open auction for the lease rights of its shops and the collection rights for the financial year 2026-27. The auction will be held at the office of the Market Committee Shujabad on 05.10.2026 at 11:00 AM. This is an excellent opportunity for local businesspersons and investors to secure commercial property and collection contracts in a busy market area. Items being auctioned: - Lease rights of Market Committee Shujabad shops (reserve price: Rs. 500,000) - Collection rights for the Market Committee Shujabad (reserve price: Rs. 15,000) The auction is open to all eligible Pakistani citizens and firms. Interested bidders must bring their original CNIC and submit earnest money in the form of a pay order or CDR at the time of auction. The successful bidder will be required to deposit 1/4th of the bid amount immediately after the auction, with the remaining amount payable as per the terms set by the committee. The lease/collection rights will be valid for the financial year 2026-27, starting from 13.03.2025 to 12.03.2026. All participants must ensure they are not defaulters of the Market Committee and must comply with all terms and conditions printed in the auction notice. The committee reserves the right to accept or reject any bid without assigning any reason. For further details, interested parties can contact the office during working hours or call the number provided below. Tip: Arrive early on the auction day to complete registration and review the property or collection site in person. This will help you make an informed bid and avoid last-minute issues.
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