AUCTION: Open Auction Notice for Leasing of Shop at Estate Office Islamabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Estate Office Islamabad is inviting bids through an open auction for the leasing of shops located on the 8th and 9th floors of the Shaheed-e-Millat Secretariat Blue Area Islamabad. This auction offers an excellent opportunity for interested parties to lease commercial shop spaces in a prime location within the capital territory. Items being auctioned: - Shops on Floor 8th - Shops on Floor 9th The leasing period is for a full 36-month term. Bidders must submit their bids as a lump-sum total rent for the entire 36-month period. The winning monthly rent will be calculated by dividing the total offered rent by thirty-six (36). Vendors should quote the price for the 36 months on a monthly basis. Eligibility criteria include various business types such as Individual/Individual Consultant, Sole Proprietorship, Partnership Firm, Company (Private Limited, Public Limited, Holding Company, Limited by Guarantee), and State Owned Enterprises (Private and Public Limited). Required registrations include NADRA Citizenship (CNIC/NICOP), FBR (NTN), and FBR (GSTN). Interested bidders should ensure they meet all eligibility requirements and submit their bids accordingly. The auction process is transparent and competitive, providing equal opportunity to all eligible bidders. A practical tip for bidders: Carefully calculate your lump-sum bid to ensure competitiveness while maintaining profitability over the 36-month lease period. Understanding the prime location's market value will help in submitting a realistic and winning bid.