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AUCTION: Lease Rights of Parking Stand No. XXI, Plot No. 66, Saddar Town, Karachi

Expired Tender
Closing Date:
2026-10-19

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. The 7th Senior Civil Judge Karachi Central is inviting bids for the auction of lease rights for Parking Stand No. XXI, Plot No. 66, Saddar Town, Karachi. This auction is being conducted as per the orders of the Honourable Court, and interested parties are encouraged to participate in this open auction process. The lease is for a period of one year, and the successful bidder will be granted the right to operate and collect parking fees from the designated parking stand. Items being auctioned: - Lease rights for Parking Stand No. XXI, Plot No. 66, Saddar Town, Karachi (Reserve price: Rs. 4,750,000 per annum) The technical scope includes the management and operation of the parking stand, ensuring proper collection of parking fees, and maintaining order at the site. The successful bidder must comply with all relevant municipal and legal requirements for operating a public parking facility in Karachi. The auction will be held at the office of the 7th Senior Civil Judge Karachi Central on 19-10-2026. Interested parties must submit earnest money of Rs. 250,000 in the form of a pay order or CDR at the time of bidding. Only those who fulfill the eligibility criteria and provide the required documentation will be allowed to participate in the auction. Bidders are advised to visit the parking stand location prior to the auction date to assess the site and potential revenue. All bids must be submitted in person at the designated office before the deadline. For best results, ensure your earnest money instrument is valid and your documents are complete to avoid disqualification on technical grounds. The auction process will be transparent, and the highest bidder meeting all requirements will be awarded the lease rights.
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