AUCTION: Annual Lease Rights for Parking Stands and Cycle Stand, Burewala Market Committee 2026-27

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Market Committee Burewala invites sealed bids for the annual lease rights of its parking stands and cycle stand for the financial year 2026-27. The auction will be conducted as per the rules and regulations of the Punjab Market Committees Act. Interested parties are encouraged to participate in this open auction for the lucrative opportunity to operate these stands in Burewala. Items being auctioned: - Parking Stand No. 1 (General Bus Stand, Burewala) — Reserve Price: Rs. 1,400,000 (Annual), Earnest Money: Rs. 30,000, Auction Date: 27-08-2026, 12:00 PM - Parking Stand No. 2 (Cycle Stand, General Bus Stand, Burewala) — Reserve Price: Rs. 1,000,000 (Annual), Earnest Money: Rs. 30,000, Auction Date: 27-08-2026, 1:00 PM Both stands are located at the General Bus Stand, Burewala, and offer significant business potential due to high daily footfall. The successful bidder will be granted lease rights for one year, with the possibility of renewal subject to satisfactory performance and compliance with committee rules. Bidders must deposit the specified earnest money (CDR/Pay Order) in the name of the Market Committee Burewala before the auction. Only those present at the time of auction with valid CNIC and earnest money receipt will be allowed to participate. The highest bid above the reserve price will be considered for approval by the competent authority. Submission of bids and participation in the auction will take place at the office of the Market Committee Burewala on the specified dates and times. For further details, interested parties may contact the office during working hours. A practical tip: Arrive early on auction day to complete registration and verify your documents, as latecomers may not be accommodated due to strict timing.