AUCTION: Lease Rights of Parking Stand at SB-49, Block 11-H, Federal B Area, Karachi

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Karachi Metropolitan Corporation is inviting bids for the lease rights of a parking stand located at SB-49, Block 11-H, Federal B Area, Karachi. This public auction offers an opportunity for interested parties to acquire the rights to operate and manage the specified parking stand for a fixed annual lease amount. Items being auctioned: - Lease rights for Parking Stand at SB-49, Block 11-H, Federal B Area, Karachi (Reserve/annual lease price: Rs. 1,650,000) The technical scope includes the management and operation of the parking stand as per the terms and conditions set by the Karachi Metropolitan Corporation. The successful bidder will be responsible for ensuring proper parking management, fee collection, and adherence to municipal regulations. The lease is for a period as specified in the auction terms, and the site is situated in a busy commercial area, making it a lucrative opportunity for bidders with experience in parking management or related services. Eligibility criteria require bidders to submit a copy of their CNIC, proof of experience if any, and earnest money as specified in the notice. All participants must be registered taxpayers and comply with the rules set forth by the department. The earnest money must be deposited in the form of a pay order or CDR in favor of the Karachi Metropolitan Corporation. The auction will be held at the office of the undersigned on 28-10-2026. Interested parties should ensure their presence before the deadline and bring all required documents. For practical success, bidders are advised to visit the parking stand location in advance to assess its commercial potential and prepare their financial offers accordingly. Timely submission and compliance with all terms will enhance your chances of winning the lease rights.