Sale of Habib Building Limited (Defaulter) Property at Lahore

This tender concerns the sale of a property owned by Habib Building Limited (Defaulter) under the jurisdiction of Lahore Development Authority (LDA) in Lahore. The property includes all present and future construction on a parcel of land measuring 6 Marlas, with a total covered area of 1905 square feet (1540 square feet as per documents). The site is located at property no. 14/B, Tibet Center, Main Shahalam Market, Lahore. Items being procured: - Land parcel measuring 6 Marlas - Present and future construction on the land - Upper floor and basement areas The technical scope involves the sale of the entire property including the land and constructed buildings. The property is situated in a prime commercial area, making it a valuable asset. Interested parties should note the reserve price set at Rs. 115,500,000. Earnest money of Rs. 200,000 is required to participate in the bidding process. The tender process is managed by Lahore Development Authority, ensuring compliance with all legal and procedural requirements. Eligibility criteria include valid registration with FBR and ATL, and bidders must comply with all regulatory requirements. The tender documents specify that the sale is subject to terms and conditions laid out by the LDA and the court order. The submission deadline is 11th August 2026 by 2:00 PM, with the technical and financial bids to be opened on the same day. The tender will be publicly advertised and open to all eligible bidders. A practical tip for bidders is to carefully review the property documents and visit the site if possible before submitting bids. Understanding the exact dimensions and legal status of the property will help in preparing a competitive and compliant bid. Also, ensure that the earnest money deposit is submitted as per instructions to avoid disqualification. This tender offers a unique opportunity to acquire a valuable commercial property in Lahore through a transparent and regulated process.