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Property Auction of Commercial Shops at Multan Airport
Expired Tender
Closing Date:
2023-10-14
2023-10-14
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- Asset Disposal & Auction / Real Estate & Property
- Sector
- Goods
- Tender Type
- Goods
- Procurement Method
- Auction
- Submission Method
- In Person
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- Newspaper
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Tender Description
The Civil Aviation Authority is conducting a property auction for commercial shops located at Multan Airport, specifically shops numbered 2060 and 2060/1 in Ward 2, opposite Industrial Tower near Chamber of Commerce Chowk on Abdali Road, Multan. This auction is being held due to default of tax by M/s Musharraf Leather Industries. Interested bidders must bring their original CNIC and a 5% earnest money deposit to participate in the bidding process.
This auction offers a unique opportunity for businesses and investors to acquire prime commercial property in a strategic location within Multan. The scope includes the sale of commercial shops which are part of the airport's commercial infrastructure, providing potential for retail or industrial use. The auction will be conducted at the COC Airports office at Multan Airport from 09:30 to 10:30 AM on the specified date.
Eligibility for participation requires bidders to present valid identification and earnest money as a security deposit. While no specific PEC category or FBR/ATL registration is mandated for this auction, bidders should ensure compliance with all auction terms and conditions. The auction date is fixed, and submissions must be made in person at the designated venue.
The deadline for participation is strictly on the auction date, and bidders are advised to prepare all necessary documents in advance. A practical tip for bidders is to thoroughly inspect the property beforehand and verify all legal and tax-related details to avoid any post-auction complications. Ensuring timely arrival and complete documentation will facilitate smooth participation in this important property auction by the Civil Aviation Authority in Multan.
