Open Auction of Commercial Plots for Shops in Artisan Colony Mithi

Sindh Small Industries Corporation invites interested parties to participate in the open auction of commercial plots for shops located in Artisan Colony, Mithi. This auction offers a unique opportunity for investors and business owners to acquire commercial land on a 99-year leasehold basis in a prime location within Mithi city. Items being procured: - Commercial plots for shops in Artisan Colony, Mithi The auction will be held on Wednesday, August 05, 2026, at 1:00 PM at Artisan Colony, Mithi. The allotment of plots will be based on a long-term leasehold right of 99 years. The initial bidding price for the commercial plots will be announced just before the auction begins. All participants must deposit a security amount of PKR 50,000 in the form of a pay order favoring Sindh Small Industries Corporation before bidding for each plot. The successful bidder is required to pay 50% of the total bid amount on the day of the auction as an initial payment. The remaining 50% must be paid within 30 days of the auction date. Failure to pay the remaining balance will result in forfeiture of the deposited amount and cancellation of the offer letter. The final shape and measurement of the plots will be determined on-site. These commercial plots are strictly for commercial use and cannot be used for residential purposes. Interested bidders should ensure they meet all eligibility criteria and prepare their earnest money accordingly. The auction process is transparent and governed by the terms and conditions set by the Sindh Small Industries Corporation. For further details, bidders can contact the Regional Office in Wahdat Colony, Qasimabad, Hyderabad, or call 022-9240175 or mobile 0333-2712844. The submission deadline is the auction date itself, so timely arrival and preparation are crucial. A practical tip for bidders is to visit the site beforehand to understand the plot measurements and location, which will help in making informed bids during the auction.