AUCTION: Lease Rights of Parking Sites at Land Record Center and Gulzar-e-Madina Park Gujrat

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Gujrat Parking Agency invites sealed bids for the open auction of lease rights for two prominent parking sites in Gujrat city. This auction provides an opportunity for interested parties to acquire the lease for managing and operating these parking facilities for a fixed term. The auction will be conducted at the agency office, and all interested bidders are encouraged to participate as per the terms and conditions outlined in the notice. Items being auctioned: - Lease rights for parking site at Land Record Center, Gujrat (6 years, annual reserve price: Rs. 1,56,000, total reserve: Rs. 1,560,000, earnest money: Rs. 130,000) - Lease rights for parking site at Gulzar-e-Madina Park, Gujrat (3 years, annual reserve price: Rs. 1,20,000, total reserve: Rs. 1,200,000, earnest money: Rs. 100,000) Both sites are located at high-traffic public locations, offering significant business potential for parking management. The lease period for the Land Record Center site is six years, while the Gulzar-e-Madina Park site is offered for three years. Bidders must submit earnest money (CDR/Pay Order) as specified for each lot, along with a non-refundable registration fee of Rs. 20,000. Only registered bidders will be allowed to participate in the auction. The auction will be held on 27-10-2026 at 11:00 AM at the Gujrat Parking Agency office. Bidders are advised to complete registration and submit all required documents by 26-10-2026, 4:00 PM. A practical tip: Visit both parking sites in person before the auction to assess footfall and operational challenges, which will help you make an informed bid and maximize your business potential.