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AUCTION: Monthly Rent of MC Shops Near New Market Chappar Bazar Chakwal

Tender No: IPL-11145
Active Tender
Closing Date:
2026-10-29

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 Chakwal invites interested parties to participate in the auction for monthly rent rights of shops situated near New Market, Chappar Bazar, Chakwal. The auction concerns shops owned by the Municipal Committee under a 10-year lease agreement as per the Punjab Local Government Property Rules 2018. The lease period is extendable after re-assessment of rent at market rate. The auction will be held at Jinnah Hall, Office of the Municipal Committee Chakwal on 29-10-2026 at 12:00 Noon. Items being auctioned: - Shop No. 2 (Western side), New Market Chappar Bazar, 1 shop, Monthly Rent Rs. 1,77,000, Security Rs. 10,00,000 - Shop No. 3 (Western side), 1 shop, Monthly Rent Rs. 2,26,000, Security Rs. 10,00,000 - Shop No. 4 (Western side), 1 shop, Monthly Rent Rs. 2,17,000, Security Rs. 10,00,000 - Shop No. 5 (Western side), 1 shop, Monthly Rent Rs. 1,77,000, Security Rs. 10,00,000 - Shop No. 6 (Western side), 1 shop, Monthly Rent Rs. 1,45,000, Security Rs. 10,00,000 - Shop No. 7 (Western side), 1 shop, Monthly Rent Rs. 1,58,000, Security Rs. 10,00,000 - Shop No. 8 (Eastern side), 1 shop, Monthly Rent Rs. 1,28,000, Security Rs. 10,00,000 - Shop No. 9 (Eastern side), 1 shop, Monthly Rent Rs. 1,50,000, Security Rs. 10,00,000 - Shop No. 10 (Eastern side), 1 shop, Monthly Rent Rs. 1,42,000, Security Rs. 10,00,000 - Shop No. 11 (Eastern side), 1 shop, Monthly Rent Rs. 1,90,000, Security Rs. 10,00,000 - Shop No. 12 (Eastern side), 1 shop, Monthly Rent Rs. 1,80,000, Security Rs. 10,00,000 The auction committee reserves the right to reject any or all bids without assigning any reason. Security deposit must be submitted one day before the auction date along with a copy of CNIC. The security amount shall not be deposited on the auction day. Terms and conditions can be obtained from the Regulation and Revenue Branches of the Municipal Committee Chakwal during office hours. This auction offers a valuable opportunity for bidders to secure prime commercial shop rental rights in a busy market area of Chakwal. Bidders should ensure timely submission of security deposits and prepare all required documentation in advance. Attending the auction in person at Jinnah Hall on the specified date is mandatory. Prospective bidders are advised to carefully review the terms and conditions available at the Municipal Committee office to avoid disqualification.
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