LEASE: Shops at Sahulat Bazaar Sheikhupura PSID for New Business Opportunities 2026

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Punjab Sahulat Bazaar Authority is offering a golden opportunity for businesspersons and the general public to lease new shops at Sahulat Bazaar Sheikhupura PSID. This is a prime location for starting or expanding your retail business in Sheikhupura, with a transparent and competitive process for shop allotment. The department invites applications for the lease of shops, with all details and requirements clearly outlined in this notice. Items being leased: - Shops at Sahulat Bazaar Sheikhupura PSID (each shop with a monthly rent of Rs. 31,500, security deposit Rs. 20,000, application fee Rs. 10,000, and processing fee Rs. 10,000) Applicants must submit their applications by the deadline of 21 September 2026, 11:00 AM. The process includes submission of a completed application form, payment of the application and processing fees, and a security deposit. The PSID (Payment Slip ID) must be generated and paid as per the instructions provided. The application fee is non-refundable, and the security deposit will be refunded to unsuccessful applicants. The shops will be allotted through a transparent draw process, and successful applicants will be required to sign a lease agreement and comply with all terms and conditions, including adherence to market SOPs and timely payment of monthly rent. Eligibility criteria include submission of valid CNIC, payment of all required fees, and compliance with the authority's rules. Preference may be given to applicants with relevant business experience. The notice also mentions that each applicant can apply for a maximum of two shops, and the lease period will be as per the authority's policy. For bidders, it is advisable to ensure all documents are complete and fees are paid well before the deadline to avoid last-minute issues. For further details, contact the numbers provided or visit the Punjab Sahulat Bazaar Authority office in Sheikhupura.