AUCTION: Lease Rights of Railway Road Stand, 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. Mandi Bahauddin Municipal Committee invites interested parties to participate in the auction for the lease rights of the Railway Road Stand, as referenced under IPL#8716. This is a correction notice regarding the previously published auction advertisement. The reserve price for the scheme has been set at Rs. 1,568,000 (Fifteen Lac Sixty Eight Thousand Rupees) for the annual lease period. Items being auctioned: - Lease rights of Railway Road Stand, Mandi Bahauddin (Reserve Price: Rs. 1,568,000) The technical scope involves the management and operation of the stand for the specified period, with the successful bidder responsible for all terms and conditions as outlined by the Municipal Committee. Interested bidders must ensure compliance with all eligibility requirements, including submission of earnest money and relevant documentation as per municipal regulations. The original auction opening date was 10-09-2026, but it has now been rescheduled to 19-09-2026. Bids must be submitted before the closing date, and the auction will be conducted as per the revised schedule. All participants are advised to verify their registration and ensure timely submission of their bid security (CDR/Pay Order) to avoid disqualification. A practical tip for bidders: Visit the Railway Road Stand site in advance to assess its commercial potential and clarify any queries with the municipal office before the auction date. This will help you prepare a competitive bid and avoid last-minute issues.