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AUCTION: Lease Rights of Municipal Shops at Gujranwala Bus Stand 2026-2028

Tender No: IPL-10489
Active Tender
Closing Date:
2026-10-12

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. Municipal Corporation Gujranwala invites sealed bids for the open auction of lease rights for various municipal shops located at the General Bus Stand, Gujranwala, for the period 2026-2028. This is an excellent opportunity for interested parties to secure commercial property in a high-traffic area of the city. The auction will be held at the office of the Municipal Corporation Gujranwala on 12 October 2026 at 11:00am. The following shops are available for lease, each with its own annual reserve price and area: - Shop No. 1: 135 sq ft, Reserve Price: PKR 160380 per year - Shop No. 2: 135 sq ft, Reserve Price: PKR 150330 per year - Shop No. 3: 135 sq ft, Reserve Price: PKR 53430 per year - Shop No. 4: 135 sq ft, Reserve Price: PKR 53430 per year - Shop No. 5: 135 sq ft, Reserve Price: PKR 81000 per year - Shop No. 6: 135 sq ft, Reserve Price: PKR 81000 per year - Shop No. 7: 135 sq ft, Reserve Price: PKR 118400 per year - Shop No. 8: 135 sq ft, Reserve Price: PKR 53430 per year - Shop No. 9: 135 sq ft, Reserve Price: PKR 881820 per year All shops are situated within the main bus stand premises, ensuring maximum commercial exposure. The lease period is for two years, and the successful bidder will be required to submit earnest money (CDR/Pay Order) equal to 10% of the reserve price at the time of auction. Bidders must be registered taxpayers and provide valid CNIC copies. The auction will be conducted as per the Punjab Local Government Act 2019 and relevant municipal regulations. Interested parties are advised to inspect the shops before the auction date and review all terms and conditions carefully. Submission of bids must be made in person at the designated venue on the specified date and time. For a competitive edge, ensure your CDR is prepared in advance and all required documents are complete to avoid last-minute issues. For further details, contact the office of the Chief Officer, Municipal Corporation Gujranwala.
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