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AUCTION: Lease of Two Vacant Plots at Sangla Hill for Petrol Pump and Workshop Purposes

Tender No: IPL No. 9314
Active Tender
Closing Date:
2026-09-22

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. The Municipal Committee Sangla Hill, District Nankana Sahib, is inviting interested parties to participate in an open auction for the lease of two vacant plots for commercial use. The auction will be held at the office of the Municipal Committee Sangla Hill on 22-09-2026 at 11:00 AM. This is an excellent opportunity for individuals or companies looking to establish a petrol pump or a workshop in a prime location within Sangla Hill. The auction is being conducted in accordance with the Punjab Local Government Act 2018 and Punjab Local Government (Property) Rules 2025. Items being auctioned: - Plot 1: 11 Marla 7 Sarsai, vacant plot at Sangla Hill Bus Stand, reserve price Rs. 5,00,000, security Rs. 50,000, lease period 10 years - Plot 2: 14 Marla, vacant plot at Sangla Hill Workshop Chowk No. 45, Sadarabad Road, reserve price Rs. 3,50,000, security Rs. 35,000, lease period 10 years Both plots are suitable for commercial development and offer significant business potential. Bidders must bring a CDR (Call Deposit Receipt) equivalent to the security amount for each plot they wish to bid on. Only those with a valid CDR will be allowed to participate in the auction. The successful bidder will be required to pay the full bid amount and sign the lease agreement as per the rules. In case of any violation of the auction terms or default, the security deposit will be forfeited. The Municipal Committee reserves the right to reject any or all bids without assigning any reason. Interested parties are advised to inspect the plots before the auction date and ensure all required documents and earnest money are prepared in advance. A practical tip: arrive early on the auction day to complete registration and clarify any queries with the committee officials to avoid last-minute issues.
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