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AUCTION: Monthly Rent Rights for Marka-e-Haq Cricket Arena, Municipal Committee Chakwal

Active Tender
Closing Date:
2026-11-19

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 the monthly rent rights of the Marka-e-Haq Cricket Arena located near Jinnah Park, Pindi Bye-Pass, Chakwal. The auction is conducted under the Punjab Local Government (Property Rules 2018) for a period of 5 years at the Jinnah Hall Office of the Municipal Committee Chakwal. Items being auctioned: - Three shops with monthly rents of Rs. 3,600, Rs. 7,502, Rs. 7,986 - One shop with monthly rent Rs. 14,000 - One general shop with monthly rent Rs. 5,280 - Two shops with monthly rents Rs. 310,000 and Rs. 185,000 - Two shops with monthly rents Rs. 41,000 and Rs. 45,100 - Three shops with monthly rents Rs. 3,500 and Rs. 6,000 - Four shops with monthly rents Rs. 3,000 and Rs. 4,000 The reserved price for the tenancy is fixed at Rs. 4.35 Lakh per month. After expiry, the lease period may be extended based on re-assessment of market rent. Terms and conditions can be obtained during office hours from the Regulation Branch / Revenue Branch or by telephone at 0543541127. Interested firms must submit a security deposit of Rs. 5,00,000 in the form of pay order or call deposit along with a copy of CNIC. Registration certificate and authority letter are required if bidding on behalf of a company. Security deposit may be increased on the spot if bid increases. The Auction Committee reserves the right to reject any or all bids without assigning reason. This auction offers a valuable opportunity for businesses to secure prime commercial rental rights in Chakwal. Bidders should ensure timely submission of required documents and deposits before the deadline on 19th November 2026 at 12:00 noon. Visit the Municipal Committee office early to clarify terms and conditions. A practical tip for bidders: Carefully verify all documentation and ensure your security deposit is ready in the correct form to avoid disqualification. Early preparation can give you an edge in this competitive auction.
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