AUCTION: Two Mixed Used Commercial Plots in Lahore CBD Quaid District

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Punjab Central Business District Development Authority invites sealed bids for the auction of two mixed used commercial plots located in the CBD Quaid District, Gulberg, Lahore. The plots available for auction are Plot 2B-25 with an area of 13 Kanals and Plot 2B-26 with an area of 11.11 Kanals. This auction offers a unique opportunity to own a high-rise tower in Lahore's next iconic business bay, a prime commercial location. Items being auctioned: - Plot 2B-25: 13 Kanals - Plot 2B-26: 11.11 Kanals The reserve price is set at a substantial PKR 300 Million per Kanal, inclusive of development charges. The auction follows a payment plan of 1 year with a 20% down payment required. The Floor Area Ratio (FAR) is 1:12, allowing significant construction potential on the plots. Interested bidders must submit earnest money of PKR 20 million. The application submission deadline is 8th September 2026, with the auction date scheduled for 10th September 2026. Bidders are advised to prepare their sealed bids carefully and ensure compliance with all auction terms and conditions. This auction is managed by the Punjab Central Business District Development Authority, a government entity responsible for the development of this commercial hub. For bidding information, visit www.cbdpunjab.gov.pk or contact UAN: 0331-111-1063. A practical tip for bidders: Ensure your earnest money is ready and submitted on time to avoid disqualification. Early preparation of your financial documents and understanding the payment plan will facilitate smooth participation in this high-value auction.