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AUCTION: Vacant Plots at Municipal Committee Sangla Hill for Commercial Use

Tender No: IPL No. 9884
Active Tender
Closing Date:
2026-10-06

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 conducting an open auction for the lease rights of its vacant plots for commercial use. Interested parties are invited to participate in the auction scheduled for 06-10-2026 at 11:00 AM at the office of the Municipal Committee Sangla Hill. The auction is open to all eligible bidders who comply with the terms and conditions set by the committee. Earnest money in the form of CDR is mandatory for participation, and successful bidders will be required to deposit the specified security amount. Items being auctioned: - Plot No. 1: 7 Marla 11 Sarsai, vacant plot at Sangla Hill Bypass, Standard, Reserve Price: Rs. 5,00,000, Security: Rs. 50,000, Lease Duration: 10 years - Plot No. 2: 14 Marla, vacant plot at Sangla Hill, Chack Number 45, Sadar Road, Reserve Price: Rs. 3,50,000, Security: Rs. 35,000, Lease Duration: 10 years Both plots are being offered for a lease period of ten years, and the successful bidder will be responsible for utilizing the property strictly for commercial purposes as per the municipal regulations. The auction will be conducted in accordance with the Punjab Local Government Act 2018, and any violation of the terms may result in cancellation of the lease. Bidders must ensure that they are not blacklisted and must provide all required documentation at the time of auction. The committee reserves the right to reject any or all bids without assigning any reason. Bidders are advised to visit the site before the auction date to assess the location and suitability of the plots. For a successful bid, ensure your CDR and documentation are complete and arrive early to avoid last-minute issues. The auction will be held at the Municipal Committee office, and all proceedings will be transparent and in accordance with the law. For further details, consult the committee office prior to the auction date.
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