AUCTION: Multan Parking Sites Lease Rights 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Multan Development Authority (MDA) is inviting interested parties to participate in the open auction for lease rights of parking sites in Multan. The auction will be held on 13-11-2026 at 11:00 AM at the MDA office. This opportunity allows bidders to acquire the rights to operate and manage designated parking locations for the specified period, subject to the terms and conditions outlined by the authority. Items being auctioned: - Shah Rukn-e-Alam Parking Stand (Size: 15x30, Reserve Price: Rs. 50,000, Annual Value: Rs. 19,419) - Shalimar Parking Stand (Size: 15x30, Reserve Price: Rs. 50,000, Annual Value: Rs. 145,385) Both sites are offered on a lease basis, with the successful bidder required to pay the annual lease value and comply with all operational and branding guidelines set by MDA. The auction is open to all eligible individuals and firms, provided they meet the financial and legal requirements, including submission of earnest money (Pay Order) equal to the reserve price for each lot. The successful bidder must deposit 10% of the annual lease value immediately, with the balance payable as per the schedule. All participants must bring original CNIC and proof of deposit to the auction. The auction terms include compliance with local regulations, prohibition of sub-letting without permission, and adherence to branding and operational standards. In case of litigation or disputes, the decision of the competent authority will be final. The deadline for participation is 13-11-2026, and all interested parties are advised to arrive early for registration. A practical tip: Carefully review the terms regarding payment schedules and ensure you have the required earnest money in the correct form before attending the auction to avoid disqualification.