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AUCTION: Lease Rights of Nowshera Cantonment Parking Sites, Cattle Market, and Bus Stand 2026-2027

Tender No: PID (P) 171/26
Expired Tender
Closing Date:
2026-09-15

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. Cantonment Board Nowshera invites sealed bids for the lease rights of various parking sites, cattle market, and bus stand within Nowshera Cantonment for the financial year 2026-2027. The auction will be held on 14-09-2026 at 11:00 AM in the office of the Cantonment Executive Officer, Nowshera. Interested parties are encouraged to participate in this open auction for lucrative lease opportunities in prime locations of Nowshera. Items being auctioned: - General Bus Stand Parking Stand (400 motorcycles, 150 cars, 80 wagons, 180 rickshaws, 150 buses): Reserve Price Rs. 4,400,000/-, Earnest Money Rs. 2,000,000/- - Cattle Market Lease Rights: Reserve Price Rs. 640,000/-, Earnest Money Rs. 320,000/- - Taxi Stand Lease Rights: Reserve Price Rs. 495,000/-, Earnest Money Rs. 247,500/- - Rickshaw Stand Lease Rights: Reserve Price Rs. 225,000/-, Earnest Money Rs. 112,500/- - Cycle Stand Lease Rights: Reserve Price Rs. 530,000/-, Earnest Money Rs. 26,500/- - Bus Stand Shop Lease Rights: Reserve Price Rs. 67,500/-, Earnest Money Rs. 3,375/- Each lot specifies the number of vehicles or shops included, and the reserve price is set for the annual lease period. Bidders must be registered Income Tax filers (FBR) and provide valid CNIC copies. Earnest Money in the form of CDR/Pay Order is mandatory for each lot, and successful bidders must deposit 1/4th of the bid amount immediately after the auction. The remaining amount is payable as per the terms outlined in the notice. The auction is open to all eligible parties, but previous defaulters or blacklisted individuals are barred from participation. The deadline for submission of sealed bids is 15-09-2026 at 11:00 AM. Bids must be submitted at the office of the Cantonment Executive Officer, Nowshera. For further details, visit the official website or contact the office directly. Tip: Ensure your Earnest Money instrument is prepared in advance and matches the required amount for your chosen lot to avoid last-minute disqualification.
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