AUCTION: Lease Rights of Parking Plot No. 50, Block III, Sabzi Mandi, Karachi

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 Karachi is inviting interested parties to participate in the open auction for the lease rights of Parking Plot No. 50, Block III, Sabzi Mandi, Karachi. The auction will be held at the office of the Market Committee, and the successful bidder will be granted the rights to operate and manage the parking site for the specified period. This is a significant opportunity for businesses and individuals seeking to invest in a high-traffic commercial parking facility in Karachi. Items being auctioned: - Lease rights of Parking Plot No. 50, Block III, Sabzi Mandi, Karachi (annual reserve price: Rs. 6,292,000) The technical scope includes the management, operation, and maintenance of the parking plot as per the terms and conditions set by the Market Committee. The successful bidder will be responsible for ensuring smooth parking operations, collection of parking fees, and compliance with all relevant municipal regulations. The auction is open to all eligible Pakistani citizens and registered firms. Interested parties must bring their original CNIC and submit earnest money (pay order) as specified in the notice. The highest bid above the reserve price will be considered for award, subject to approval by the competent authority. The auction will take place on 11-10-2026 at 1:00 PM at the office of the Market Committee Karachi. Bidders are advised to arrive early for registration and to carefully review all terms and conditions before participating. A practical tip: ensure your pay order for earnest money is prepared in advance and that you have all required documents, as incomplete submissions may disqualify you from the bidding process. For further details, contact the office of the Market Committee Karachi during working hours.