AUCTION: Shop No. 29, Block C, New Sabzi Mandi Karachi Lease Rights

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The New Sabzi Mandi Karachi is inviting interested parties to participate in the open auction for the lease rights of Shop No. 29, Block C. The auction will be held on 30 September 2026 at the premises of the Sabzi Mandi. This is a valuable opportunity for individuals or businesses looking to secure a commercial space in one of Karachi's busiest wholesale markets. Items being auctioned: - Lease rights for Shop No. 29, Block C, New Sabzi Mandi Karachi (Reserve price: Rs. 10,000 per month) The shop is being offered on a monthly lease basis, with the minimum reserve price set at Rs. 10,000 per month. Interested bidders must bring their original CNIC and NTN certificates to participate in the auction. The successful bidder will be required to deposit 25 percent of the total annual lease value immediately after the auction as earnest money, with the remaining amount to be paid as per the terms set by the management. The auction will be conducted in the presence of the relevant authorities, ensuring transparency and fairness in the process. All participants are advised to inspect the shop prior to the auction date to assess its suitability for their business needs. The deadline for participation is 30 September 2026, and the auction will be held on the same day. For further details, interested parties can contact the undersigned at the provided phone number. A practical tip: Arrive early on the auction day to complete registration and review the shop location, as this can give you a strategic advantage during bidding.