LEASE: Quetta Development Authority Parking Sites and School Land Lease Auction 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Quetta Development Authority (QDA) invites interested parties to participate in an open auction for the lease of various parking sites and school land in Quetta. This auction presents an opportunity for individuals and organizations to acquire lease rights for prime locations under QDA's jurisdiction. The auction will be conducted in accordance with the terms and conditions set by the authority, ensuring transparency and fair competition. Items being auctioned: - Circular Road Parking Site (Reserve Price: Rs. 50,000, Total Lease Value: Rs. 2,500,000, Monthly Rent: Rs. 13,889, Lease Term: 15 years) - Circular Road Cycle Stand (Reserve Price: Rs. 2,304, Total Lease Value: Rs. 230,400, Monthly Rent: Rs. 1,278, Lease Term: 15 years) - Circular Road School Land (Reserve Price: Rs. 81,000, Total Lease Value: Rs. 1,215,000, Monthly Rent: Rs. 6,750, Lease Term: 30 years) - Circular Road School Land (Reserve Price: Rs. 29,700, Total Lease Value: Rs. 1,039,500, Monthly Rent: Rs. 2,888, Lease Term: 30 years) The technical scope includes the management and operation of parking sites and utilization of school land as per the lease agreement. Bidders must ensure compliance with all local regulations and QDA requirements. Eligibility criteria include submission of earnest money (minimum Rs. 10,000 or 25% of the reserve price, whichever is higher), valid CNIC, and registration with BRA/FBR. Successful bidders will be required to pay 25% of the bid amount on the day of the auction and the remaining within the stipulated period. The auction will be held at the QDA office, and all interested parties must submit their documents and earnest money by 13-11-2026, 3:00 PM. For further details, visit the QDA website or contact the office directly. A practical tip: Prepare all required documents in advance and ensure your earnest money is ready in the prescribed form to avoid last-minute issues during the auction process.