LEASE: Collective Land Lease Rights for Commercial Plots at Municipal Corporation Gujranwala

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Municipal Corporation Gujranwala is inviting sealed bids for the lease of collective land rights for various commercial plots situated within its jurisdiction. The lease period is set for 15 years, and the auction will be conducted on 17 November 2026 at 11:00 AM at the office of the Chief Officer, Municipal Corporation Gujranwala. Interested parties are encouraged to participate in this open auction for the opportunity to secure long-term commercial land rights in a prime urban location. The properties available for lease are as follows: - Parking Stand (Lots: 32, 26, 25, 24, 23, 22, 21, 20, 18, 17, 16, 15, 14, 12, 10, 8, 7, 5, 4, 2, 1) with a reserve price of 1,05,000 PKR and annual lease value of 35,000 PKR - Cycle Stand (Lots: 30, 29, 19, 18, 17, 14, 13) with a reserve price of 1,35,000 PKR and annual lease value of 45,000 PKR - Other Stands (Lots: 33, 32, 30, 29, 26, 25, 23, 21, 19, 17, 15, 14, 10, 9, 8, 7, 4, 2, 1) with a reserve price of 1,20,000 PKR and annual lease value of 40,000 PKR All reserve prices are in PKR and must be met or exceeded for a successful bid. The auction is being held under the Punjab Local Government Act 2018 and the Punjab Rented Premises Act 2009. Bidders must deposit earnest money equivalent to 10% of the reserve price for each lot they wish to bid on. The successful bidder will be required to pay the annual lease value as specified for each lot. Eligibility criteria include submission of valid CNIC, proof of financial capability, and compliance with all municipal regulations. Subletting is not permitted without prior written approval from the Municipal Corporation. The auction committee reserves the right to accept or reject any bid without assigning a reason. Bidders are advised to carefully review all terms and conditions printed in the notice. Bids must be submitted in person at the office of the Chief Officer, Municipal Corporation Gujranwala, by the deadline. For best results, bidders should arrive early on auction day to complete registration and verify their documents.