AUCTION: Monthly Lease Rights of Shops 6, 7, 9, 10 at Sabzi Mandi Bazar Hafizabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. District Market Committee Hafizabad is inviting bids for the monthly lease rights of four shops located at Sabzi Mandi Bazar, Hafizabad. The auction will be held on 18.11.2026 at 12:30 PM at the committee office. Interested parties are encouraged to participate in this open auction for the following shops: - Shop No. 6: Earnest Money PKR 50,000, Monthly Rent PKR 8,000 - Shop No. 7: Earnest Money PKR 50,000, Monthly Rent PKR 8,000 - Shop No. 9: Earnest Money PKR 50,000, Monthly Rent PKR 10,000 - Shop No. 10: Earnest Money PKR 50,000, Monthly Rent PKR 8,000 The lease period will be for five years, starting from 01.12.2026 to 30.11.2031. Only those who deposit the required earnest money of PKR 50,000 per shop in the committee's account will be eligible to participate. The successful bidder must pay the monthly rent regularly, and failure to do so will result in cancellation of the lease. The auction will be conducted in the presence of the committee officials, and the highest bid will be accepted. The successful bidder will be required to sign a formal agreement and comply with all terms and conditions, including no subletting of the shop. The monthly rent will increase by 10 percent each year. Bidders are advised to bring their original CNIC and proof of earnest money deposit on the day of the auction. A practical tip: Arrive early on auction day to complete the registration process and verify your documents, as latecomers may not be allowed to participate. For further details, visit the committee office during working hours.