AUCTION: Plot No. C-15, Area 500 Sq. Yards, Reserve Price PKR 2,600,000 at Mandi Bahauddin

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Mandi Bahauddin Development Authority is conducting an open auction for the sale of a prime residential plot. The property being offered is Plot No. C-15, measuring 500 square yards, located in the C Block of the authority's housing scheme. The reserve price for this plot is set at PKR 2,600,000. The auction will be held on 19-10-2026 at 11:00 AM at the authority's office. Items being auctioned: - Plot No. C-15, Area 500 Sq. Yards, Reserve Price PKR 2,600,000 Interested parties must bring their original CNIC and a pay order or bank draft amounting to 25 percent of the reserve price as earnest money to participate in the auction. The successful bidder will be required to deposit 25 percent of the bid amount immediately after the auction, with the remaining balance payable within the stipulated period as per the authority's rules. The auction is open to all eligible Pakistani citizens, and the plot will be awarded to the highest bidder, subject to approval by the competent authority. The auction process will be transparent, and all participants are advised to carefully review the terms and conditions before bidding. The authority reserves the right to accept or reject any bid without assigning any reason. For further details, interested bidders can contact the office during working hours or call the number provided below. A practical tip: Arrive early on the auction day to complete registration and review the plot location in person, as this can give you a strategic advantage during bidding.