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AUCTION: Lease Rights of Parking Sites and Shops in Rawalpindi for 2026-27

Tender No: No. 10/2026
Active Tender
Closing Date:
2026-10-20

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. Rawalpindi Development Authority (RDA) invites interested parties to participate in the open auction for lease rights of various parking sites and commercial shops for the financial year 2026-27 in Rawalpindi. The auction will be held at the RDA office on 20 October 2026 at 10:00 AM. This is an excellent opportunity for businesses and individuals to secure lucrative parking and commercial locations in the city's busiest areas. Items being auctioned: - Parking Site: Committee Chowk Parking Plaza (Reserve Price: Rs. 1,20,00,000) - Parking Site: Fawara Chowk (Reserve Price: Rs. 15,00,000) - Parking Site: Liaquat Bagh (Reserve Price: Rs. 10,00,000) - Parking Site: Commercial Market (Reserve Price: Rs. 8,00,000) - Parking Site: Banni Chowk (Reserve Price: Rs. 7,00,000) - Shop No. 1, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 2, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 3, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 4, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 5, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 6, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 7, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 8, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 9, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 10, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 11, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 12, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 13, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 14, Parking Plaza (Reserve Price: Rs. 2,00,000) - Shop No. 15, Parking Plaza (Reserve Price: Rs. 2,00,000) Each site and shop comes with a clearly defined reserve price, and the successful bidder will be granted lease rights for the specified period. The auction is open to all eligible Pakistani citizens and registered firms. Interested parties must bring original CNIC and deposit the required earnest money (Pay Order) before participating. The highest bid above the reserve price will be considered for award, subject to approval by the competent authority. Bidders are advised to inspect the sites and shops before the auction date to assess location and commercial potential. All terms and conditions, including lease duration, payment schedule, and compliance requirements, are detailed in the auction notice available at the RDA office. The deadline for submission of earnest money and registration is 19 October 2026. A practical tip: Arrive early on auction day to complete registration and review the final list of available lots, as last-minute changes may occur.
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