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AUCTION: Market Shops Lease Rights Tehsil Shujabad 2026-2027

Tender No: IPL-8324
Active Tender
Closing Date:
2026-08-27

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 Multan District Shujabad invites interested parties to participate in the open auction for the lease rights of market shops for the financial year 2026-2027. The auction will be held at the office of the Market Committee Shujabad on 27.08.2026 at 11:00 AM. This opportunity is ideal for those seeking to operate commercial activities in the main market area of Shujabad under official lease terms. Items being auctioned: - Shop No. 1, Market Committee Shujabad, Reserve Price: Rs. 150000 per annum - Shop No. 2, Market Committee Shujabad, Reserve Price: Rs. 150000 per annum - Shop No. 3, Market Committee Shujabad, Reserve Price: Rs. 100000 per annum Each shop is being offered for lease for a period of one year, starting from 01.09.2026 to 30.06.2027. The successful bidder will be required to deposit earnest money of Rs. 150000 for each shop at the time of auction. The auction will be conducted in the presence of the committee, and all interested parties must bring their original CNIC and proof of earnest money deposit. The lease will be awarded to the highest bidder, subject to approval by the competent authority. Eligibility criteria include submission of earnest money through pay order or bank draft, and compliance with all terms and conditions as outlined by the Market Committee. Bidders must not be defaulters of the Market Committee or any government department. The successful bidder will be responsible for all applicable taxes and utility charges during the lease period. Bids must be submitted in person at the Market Committee office before the auction date. For best results, bidders are advised to visit the shops in advance to assess their suitability and location, ensuring a well-informed bid on auction day.
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