AUCTION: Rest House at Tariq Road Peshawar Cantt for Five Years

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Cantonment Board Peshawar invites interested parties to bid for the tenancy rights of its newly constructed Rest House located at Tariq Road, Peshawar Cantt. The property features 09 bed rooms with attached wash rooms, kitchen, TV lounge, and car parking, covering an area of 10304.82 Sq. Ft. (37.85 Marla). The auction is for a period of five years with terms and conditions outlined by the board. Items being auctioned: - Rest House at Tariq Road, Peshawar Cantt - 09 Bed Rooms with attached Wash Room - Kitchen - TV Lounge - Car Parking - Total area: 10304.82 Sq. Ft. (37.85 Marla) The successful bidder must deposit Rs. 10 Lac as Call Deposit/Bank Draft before bidding. After approval, a refundable security deposit of three months' rent is required within 7 days. The monthly rent bid amount will be the tenancy right granted for five years, with a 10% annual increase. The tenancy may be extended for another five years with board approval but not beyond two terms (10 years total). The bidder is responsible for repairs, maintenance, and utility connections at their own expense. Transfer of tenancy requires board approval and registration with the Sub-Registrar. Eligibility includes no blacklisting by Cantonment Board Peshawar or other institutions. The auction will be held on 05-10-2026 at 11:00 AM at the Cantonment Board office, 5 Khalil Road, Peshawar Cantt. If not held, re-auctions are scheduled for 06-10-2026 and 07-10-2026 at 11:00 AM. Taxes and other government rules apply. The board reserves the right to reject bids and disputes will be resolved by the Director Military Lands & Cantonments Peshawar. Bidders should ensure timely deposit of rent and security to avoid forfeiture. The auction offers a valuable opportunity to lease a prime property in Peshawar Cantt with clear terms. Interested bidders should visit the Rent Section Branch of Cantonment Board Peshawar for further details. A practical tip: Carefully review the terms regarding security deposit forfeiture and rent payment deadlines to avoid disqualification or eviction during the tenancy period.