Sale of Residential Plot No. 61EB in Multan City

Punjab Chemical Market Management Development Company (PCMMDC) invites bids for the sale of a residential plot located in Multan City, specifically plot number 61EB in the 17.5-acre area of Multan district. This tender is issued under the PCMMDC E-Auction Policy 2025 Amended, with bidding documents available online at https://elgcd.punjab.gov.pk/login. The earnest money for participation is Rs. 10,000, payable through the PSID online tracking system. Items being procured: - Residential Plot No. 61EB, Multan City, 17.5 acres The auction process is conducted online with a refundable earnest money deposit. Bidders must register and submit their bids via the PSID portal by 30th January 2026 at 5:00 PM. The auction will close at 11:59 PM on the same day. The highest bidder will be required to pay an additional 10% of the bid price as security, which will be adjusted against the final payment. All payments must be made within 24 hours of the auction closing through CDR or PO. Eligibility criteria include valid registration with FBR and ATL, and bidders must comply with all auction terms and conditions. The tender emphasizes strict adherence to the Punjab Sales Tax on Services Act, 2012, and all applicable government taxes and duties. The bid price is exclusive of taxes. The tender documents and further details are available on the official PCMMDC website. Interested bidders should ensure timely registration and submission of bids to avoid disqualification. The auction process is transparent and governed by the amended PCMMDC E-Auction Policy. A practical tip for bidders: Carefully review the auction terms on the PSID portal and ensure your earnest money deposit is correctly submitted to avoid technical disqualification. Early registration and bid submission can help resolve any technical issues well before the deadline.