AUCTION: Lease Rights of Parking Sites at Jinnah Chowk, Fruit and Vegetable Market Lahore 2026-27
Tender No: IPL-8499
Active Tender
Closing Date:
2026-09-10
2026-09-10
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Procurement Method
- e-auction
- Submission Method
- Online submission via https://eauctionpamra.punjab.gov.pk
- Estimated Cost
- Rs. 1,20,00,000 (Site 1), Rs. 20,00,000 (Site 2)
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Secretary Market Committee Jinnah Chowk Lahore
- Website
- eauctionpamra.punjab.gov.pk
Actions
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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.
The Security Market Committee Jinnah Chowk Lahore is inviting bids for the lease rights of parking sites at the Fruit and Vegetable Market, Jinnah Chowk, Lahore for the financial year 2026-27. The auction will be conducted through an e-auction platform, ensuring transparency and equal opportunity for all interested parties. The auction date is set for 02-09-2026 at 11:30 AM, and the process will be held online via the Punjab Market Committee's official e-auction portal.
Items being auctioned:
- Lease rights for Parking Site No. 1, Fruit and Vegetable Market Jinnah Chowk Lahore (Reserve Price: Rs. 1,00,00,000, Annual Lease Value: Rs. 1,20,00,000)
- Lease rights for Parking Site No. 2, Fruit and Vegetable Market Jinnah Chowk Lahore (Reserve Price: Rs. 2,00,000, Annual Lease Value: Rs. 20,00,000)
The technical scope includes the management and operation of the designated parking sites for the specified period. Bidders must ensure compliance with all terms and conditions, including the timely deposit of earnest money and adherence to the rules set by the Market Committee. Eligibility criteria require submission of a bank draft or pay order as earnest money (Rs. 50,000 per site), valid CNIC, and proof of experience in similar contracts. The successful bidder will be responsible for the efficient management of the parking facility and must comply with all regulatory requirements.
Bids must be submitted online through the official portal (https://eauctionpamra.punjab.gov.pk) before the deadline. The last date for submission is 10-09-2026. For further details, bidders are encouraged to review the full terms and conditions available on the portal.
Tip: Ensure your earnest money and documentation are complete and uploaded well before the deadline to avoid last-minute technical issues with the e-auction portal.