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AUCTION: Residential Plots (15 Plots, Numbers 50-56, 70-77) at KDA Scheme, Karak

Tender No: 03-2026
Active Tender
Closing Date:
2026-11-04

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. Karak Development Authority (KDA) is conducting a public auction for the sale of residential plots in KDA Scheme, Karak. The auction will be held on 04/11/2026 at 11:00 AM at the KDA office. This is a significant opportunity for individuals and investors interested in acquiring prime residential land in Karak through a transparent auction process. The department has set a reserve price of Rs. 3,000,000 per plot, and all interested parties are encouraged to participate. Items being auctioned: - Residential Plot No. 50 (1 plot) - Residential Plot No. 51 (1 plot) - Residential Plot No. 52 (1 plot) - Residential Plot No. 53 (1 plot) - Residential Plot No. 54 (1 plot) - Residential Plot No. 55 (1 plot) - Residential Plot No. 56 (1 plot) - Residential Plot No. 70 (1 plot) - Residential Plot No. 71 (1 plot) - Residential Plot No. 72 (1 plot) - Residential Plot No. 73 (1 plot) - Residential Plot No. 74 (1 plot) - Residential Plot No. 75 (1 plot) - Residential Plot No. 76 (1 plot) - Residential Plot No. 77 (1 plot) A total of 15 residential plots are available for auction. Each plot has a minimum reserve price of Rs. 3,000,000. Bidders must submit a pay order or demand draft of Rs. 300,000 as earnest money for each plot they wish to bid on. The successful bidder will be required to deposit 25% of the bid amount immediately after the auction, with the remaining amount payable as per the terms outlined in the notice. The auction is open to all Pakistani nationals, and participants must bring their original CNIC for registration. The auction process will be supervised by the relevant authorities to ensure transparency and fairness. The deadline for participation is **04/11/2026 at 11:00 AM**. Bidders are advised to arrive early for registration and to carefully review the terms and conditions of the auction. A practical tip: bring multiple pay orders if you intend to bid on more than one plot, as each plot requires a separate earnest money deposit. For further details, contact the KDA office at the numbers provided below.
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