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Pakistan Railways Lahore Open Auction

Lahore ,
Pakistan Railways Lahore Open Auction View more Ads in this Company All Category All City Refresh

OPEN PUBLIC AUCTION OF RAILWAY LANDS (PART 2)

Divisional Superintendent Office, Pakistan Railways, Lahore.

Auction Schedule (Continued)

9. Date: 27-01-2026 (Tuesday) - Continued

  • Place of Auction: Kasur (KUS) Station

  • Items (Serial No. 254 - 284):

    • Locations: Kanganpur, Basirpur, Mandi Ahmadabad, Usmanwala, Khudian Khas.

    • Purposes: Cultivation, Shops, Model Bazar.

10. Date: 28-01-2026 (Wednesday)

  • Place of Auction: Narang (NRNG) Station

  • Items (Serial No. 285 - 325):

    • Locations: Narang Station, Mehta Suja, Badomalli.

    • Purposes: Existing Shops (large quantity at Narang), Cultivation, Godowns.

11. Date: 29-01-2026 (Thursday)

  • Place of Auction: Raiwind (RND) Station

  • Items (Serial No. 326 - 433):

    • Locations: Raiwind, Kot Radha Kishan, Jia Bagga, Prem Nagar, Kana Kacha.

    • Purposes:

      • Shops: Large number of existing shops near Tablighi Markaz Raiwind and Kot Radha Kishan.

      • Nurseries: Multiple nursery plots at Raiwind.

      • Cultivation: Various agricultural plots.

12. Date: 30-01-2026 (Friday)

  • Place of Auction: Narowal (NWL) Station

  • Items (Serial No. 434 - 447):

    • Locations: Narowal, Domala, Qila Sobha Singh, Pasrur.

    • Purposes: Cultivation, Shops, Cattle Farm.


Terms and Conditions:

  1. Objective: The new shops will be auctioned for commercial purposes based on the highest offered bids on annual rent basis plus Premium.

  2. Highest Bid: Highest Open Bids will be announced in the presence of participants/bidders by the auction committee.

  3. Security Deposit (CDR): Participants must deposit Security Money (Cash Deposit Receipts - CDR) one hour before the auction starts.

    • Rs. 50,000/- for small cities/Godowns.

    • Rs. 150,000/- for big cities for Godown.

    • Rs. 500,000/- for Parking Stands.

  4. Payment Schedule: The successful bidder of new shops must pay 50% premium at the time of auction and the remaining 50% premium at the time of agreement. For Parking Stands, the successful bidder is liable to pay 30% of the offered bid as annual rent at the time of auction.

  5. Refunds: Bid Security money will be refunded to unsuccessful bidders after the auction proceedings.

  6. Forfeiture: If a successful bidder fails to deposit the amount, their security money will be forfeited.

  7. Bid Security for Shops: Specifically for new/existing shops, bid security money is Rs. 50,000/- (refundable) for small sites and Rs. 150,000/- (refundable) for big cities.

  8. Rights: The Competent Authority reserves the right to accept or reject any bid without assigning any reason.

  9. Eligibility: Railway defaulters and those in litigation against Pakistan Railways are not allowed to participate.

  10. Taxes: Lessee will pay all Government Taxes/Duties/Fee/Registration fee etc.

  11. Application Fee: Rs. 10,000/- (non-refundable) for big cities and Rs. 5,000/- (non-refundable) for small cities will be paid by bidder in advance as participation fee before start of open auction of New shops. Rs. 10,000/- for Model Bazar.

  12. Lease Period:

    • New Shops: 05 years (extendable for further 05 years). Annual rent will increase 10% annually.

    • Parking Stands (Category A): 03 years (extendable for 02 years). Rent increase 10% annually.

    • Godowns: 05 years (extendable for another 05 years). Rent increase 10% annually.


Contact Person: (WASIF IKRAM) Dy: Director/P&L, For, Divisional Superintendent, Ph # 042-99201958.

Summery

Published On: 1 month ago

Newspaper: The News

Category(s): All Auction, Property Tenders,

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