Hiring of Sealed Bids for Shop No. 2, K-2 Block, Sector 14-B, North Karachi Township

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Nazimabad Cooperative Operation and Social Limited Karachi invites sealed bids for the lease of Shop No. 2, K-2 Block, Sector 14-B, North Karachi Township. The shop is being offered on a rental/lease basis to interested parties through a competitive sealed bidding process. The notice specifies that the shop is located in a prominent commercial area, making it a valuable opportunity for businesses seeking a retail or commercial presence in North Karachi. Items being auctioned: - Shop No. 2, K-2 Block, Sector 14-B, North Karachi Township (lease/rental basis) The technical scope includes the lease of a single shop unit, with the successful bidder gaining the right to operate their business from this location as per the terms and conditions set by the department. The notice does not specify the reserve price or annual rental value, so interested parties are advised to visit the site and assess the commercial potential before submitting their bids. Eligibility criteria require that bidders submit their sealed bids by the specified deadline. The notice highlights that the shop will be leased to the highest bidder, and the decision of the department will be final. Bidders must ensure that their bids are complete and submitted in accordance with the instructions provided in the notice. No specific requirement for earnest money or CDR is mentioned, but it is advisable to prepare standard bid security documents as per usual practice in such auctions. The deadline for submission of sealed bids is during office hours, with the office open from 5:00 PM to 8:00 PM. Bids must be submitted at the office of Nazimabad Cooperative Operation and Social Limited Karachi. For further details, interested parties can contact the office at 0213-2315605. A practical tip for bidders: Visit the shop location in person before bidding to assess footfall, visibility, and suitability for your intended business, as this can significantly impact your commercial success.