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Correction Notice for Annual Rent Auction of Shops (Municipal Committee Chakswari)

Tender No: MC-4008-10/2026
Active Tender
Closing Date:
2026-10-20

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. This notice serves as a correction regarding the annual rent auction of shops under the jurisdiction of the Municipal Committee Chakswari, Azad Jammu & Kashmir. The department is inviting interested parties to participate in the open auction for the lease rights of various shops located within the municipal limits. The auction is being conducted to allocate shop rental rights for the upcoming financial year, and all eligible bidders are encouraged to attend the meeting as per the revised schedule. Items being auctioned: - Annual rental rights of shops (specific shop numbers, locations, and reserve prices are not detailed in this notice) The auction will be held at the Municipal Committee Chakswari office. The technical scope involves the lease of commercial shop spaces, which are typically situated in prime municipal locations, offering business opportunities for local entrepreneurs and traders. The successful bidders will be granted the right to operate their businesses from these shops for the specified period, subject to the terms and conditions set by the committee. Eligibility criteria generally require participants to provide valid identification, proof of financial capability, and earnest money or pay order as bid security. All interested parties must ensure their presence at the auction venue on the specified date and time. The revised meeting for the auction will now be held on 20-10-2026 at 11:00 AM, replacing the previously announced date of 16-10-2026. A practical tip for bidders: Arrive early on the auction day with all required documents and bid security to avoid last-minute issues, as the process is competitive and punctuality can be crucial for successful participation.
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