AUCTION: Lease Rights of QDA Parking and Canteen Sites Quetta

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Quetta Development Authority (QDA) invites sealed bids for the lease rights of its parking and canteen sites in Quetta. This auction presents an opportunity for interested parties to acquire lucrative lease rights for two key locations under QDA's jurisdiction. The auction will be conducted as per the terms and conditions outlined by the authority, and all eligible bidders are encouraged to participate for a fair and transparent process. Items being auctioned: - Multistoried Parking Plaza (3 years lease), annual reserve price: Rs. 80,00,000/- - Canteen at Zarghoon Park (10 years lease), annual reserve price: Rs. 9,60,000/- Both sites are located in prominent areas of Quetta, offering significant commercial potential. The parking plaza is suitable for large-scale vehicle accommodation, while the canteen at Zarghoon Park is ideal for food and beverage operations within a high-footfall recreational area. Bidders must submit a non-refundable tender fee of Rs. 5,000/- and provide earnest money equivalent to 20% of the annual reserve price in the form of a pay order or CDR. Only those registered with BRA and FBR will be considered eligible. The successful bidder will be required to pay 10% of the total bid amount immediately upon acceptance, with the remaining amount due as per the agreement. Sealed bids must be submitted to the office of the undersigned by 15 September 2026. The auction will be held in the presence of bidders or their authorized representatives. For best results, ensure all documentation, including tax registrations and earnest money, is complete and attached to your bid. A practical tip: visit the sites in advance to assess commercial viability and prepare your financial projections accordingly. This will strengthen your bid and help in post-auction negotiations.