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AUCTION: Green Vegetable Market, Fruit Market, and Vegetable Market Lease Rights, Sector 51/2, Double Road, Satellite Town, Sargodha for Financial Year 2026-27
Tender No: DIR(AMDF)VIII-2026
Expired Tender
Closing Date:
2026-08-28
2026-08-28
Tender Overview
- Category
- Real Estate & Property
- Sector
- Auction
- Tender Type
- Auction
- Submission Method
- In person at the office of Market Committee Sargodha before the auction date
- Estimated Cost
- Rs. 28,000,000
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Administrator, Market Committee Sargodha
- Contact Phone
- 0346-7384246
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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.
Market Committee Sargodha invites sealed bids for the auction of lease rights for the Green Vegetable Market, Fruit Market, and Vegetable Market located at Sector 51/2, Double Road, Satellite Town, Sargodha for the financial year 2026-27. This auction provides an opportunity for interested parties to acquire the rights to operate and collect fees from these key market sites in Sargodha. The auction will be conducted as per the rules and regulations of the Punjab Agricultural Produce Markets Act and relevant policies.
Items being auctioned:
- Lease rights for Green Vegetable Market, Sector 51/2, Double Road, Satellite Town, Sargodha (Reserve Price: Rs. 28,000,000, Earnest Money: Rs. 2,800,000)
- Lease rights for Fruit Market, Sector 51/2, Double Road, Satellite Town, Sargodha (Reserve Price: Rs. 28,000,000, Earnest Money: Rs. 2,800,000)
- Lease rights for Vegetable Market, Double Road, Satellite Town, Sargodha (Reserve Price: Rs. 14,000,000, Earnest Money: Rs. 1,400,000)
Each lot requires a bid security (Earnest Money) of 10 percent of the reserve price, to be submitted via pay order or CDR in favor of Market Committee Sargodha. The successful bidder will be responsible for fee collection and market management as per the terms of the lease agreement. Bidders must be registered with FBR and not blacklisted by any government department. The auction will be held on 28.08.2026, and the highest bid above the reserve price will be considered for award. Interested parties should ensure timely submission of their documents and earnest money before the auction date.
A practical tip: Visit the market sites in advance to assess footfall and potential revenue, and prepare your bid security documents well before the deadline to avoid last-minute issues.
