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AUCTION: Lease Rights of RDA Parking Sites and Showrooms 2026

Tender No: 1837/2019/935/CIII
Active Tender
Closing Date:
2026-09-23

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. Rawalpindi Development Authority (RDA) invites sealed bids for the open auction of lease rights for various parking sites and showrooms under its jurisdiction in Rawalpindi. This auction presents an opportunity for interested parties to acquire the lease rights for a wide range of parking locations and commercial showrooms for the financial year 2026-27. The auction will be held on 23-09-2026 at the RDA Complex, Rawalpindi. Items being auctioned: - 17-Basement Parking (Reserve Price: 667164 PKR, Annual Value: 222388 PKR) - Parking Site 1 (Reserve Price: 254100 PKR, Annual Value: 84700 PKR) - Parking Site 2 (Reserve Price: 127050 PKR, Annual Value: 42350 PKR) - Parking Site 3 (Reserve Price: 138630 PKR, Annual Value: 55611 PKR) - Parking Site 4 (Reserve Price: 138630 PKR, Annual Value: 46200 PKR) - Parking Site 5 (Reserve Price: 102668 PKR, Annual Value: 34222 PKR) - Parking Site 6 (Reserve Price: 110550 PKR, Annual Value: 36850 PKR) - Parking Site 7 (Reserve Price: 53888 PKR, Annual Value: 17966 PKR) - Parking Site 8 (Reserve Price: 53888 PKR, Annual Value: 17966 PKR) - Parking Site 9 (Reserve Price: 123198 PKR, Annual Value: 41066 PKR) - Parking Site 10 (Reserve Price: 76998 PKR, Annual Value: 25666 PKR) - Parking Site 11 (Reserve Price: 134748 PKR, Annual Value: 44916 PKR) - Parking Site 12 (Reserve Price: 923997 PKR, Annual Value: 307999 PKR) - Parking Site 13 (Reserve Price: 302514 PKR, Annual Value: 100838 PKR) - Additional lots for showrooms and other parking sites, with reserve prices and annual values as detailed in the notice. The technical scope includes the management and operation of parking sites and showrooms, ensuring proper maintenance, fee collection, and adherence to RDA regulations. Bidders must be financially sound and capable of fulfilling the lease obligations. Earnest Money (CDR/Pay Order) equivalent to a percentage of the reserve price is required at the time of bidding. All participants must be registered with FBR and listed on the Active Taxpayers List (ATL). Bids must be submitted in person at the RDA Complex, Rawalpindi, by the deadline of 23-09-2026. The auction will be conducted in the presence of the committee and interested bidders. For further details, contact the Tax Branch at the numbers provided below. Tip: Visit the parking sites and showrooms in advance to assess their commercial potential and footfall, which can help you make a more informed bid and maximize your investment.
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