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Auction and Sale of Commercial Office Premises in Rabi Shopping Center Hyderabad

Active Tender
Closing Date:
2026-08-17

Tender Document

Tender Description

SME Leasing Ltd invites sealed bids for the auction and sale of a commercial office premises located in Rabi Shopping Center, Saddar Hyderabad Cantonment. The office premises is Office No. M-6, Mezzanine Floor, measuring 738 square feet, situated on Plot No. 41/496, Bohry Bazar Saddar, Hyderabad. This procurement is managed by SME Leasing Ltd, with the registered office in Islamabad, but the tender location and property are in Hyderabad, Sindh. Items being procured: - Office Premises (Office No. M-6, Mezzanine Floor, 738 square feet, Rabi Shopping Center, Plot No. 41/496, Bohry Bazar Saddar, Hyderabad) The auction is conducted on an 'as is where is' basis. The property ownership and possession rest with SME Leasing Ltd, which acquired it through a registered Indenture of Sub-Lease. The successful bidder will receive possession and sale deed after full payment. The property is commercial office space suitable for business use. Eligibility to participate includes all Pakistani nationals, whether residing in Pakistan or abroad, as well as companies, firms, and societies registered under Pakistani law. Bidders must submit a sealed bid with a refundable earnest money of Rs. 300,000 via bank draft or pay order in favor of SME Leasing Ltd. The bid must include CNIC copy, contact details, and if bidding on behalf of an entity, proper authorization documents. The bid submission deadline is **17 August 2026 at 03:30 pm**. Bids will be opened the same day at 04:00 pm in the presence of bidders or their representatives. The bid remains valid for 90 days. Payment terms require the successful bidder to pay 50% of the bid amount within 15 days of bid acceptance, adjusted against the earnest money, followed by the remaining payment within 45 days. Failure to pay on time results in forfeiture of earnest money and cancellation of the bid. The bidder should carefully inspect the property and verify ownership documents before bidding, as no claims will be entertained later. All transfer costs, taxes, and legal fees are the responsibility of the successful bidder. Payments must be made via bank instruments payable to SME Leasing Ltd. A practical tip for bidders: Ensure your bid envelope is properly sealed and clearly marked as 'Bid for Auction of Office Premises in Rabi Shopping Center, Hyderabad' and include all required documents and earnest money to avoid outright rejection. Early submission is advised to avoid last-minute issues. This tender offers a unique opportunity to acquire a commercial office in a prime location of Hyderabad through a transparent auction process managed by SME Leasing Ltd.
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