Public Auction of First-Floor Shops, Hall and Rooftop at Municipal Plaza by Municipal Committee Kot Addu

Municipal Committee Kot Addu invites participation in a public auction for the rental of its Municipal Plaza properties, comprising 14 first-floor shops, one first-floor hall with a store, and one rooftop unit. The tenancy period is five years, from 1 November 2026 to 30 October 2031. Rent will increase by 10 percent annually.

The first category comprises 14 shops, numbered 1 to 14, on the first floor of Municipal Plaza. The security deposit is Rs. 10,000, and the minimum monthly rent is Rs. 3,200 for each shop. The second category is unit 15, comprising a hall and store on the first floor. Its security deposit is Rs. 200,000, and its minimum monthly rent is Rs. 60,000. The third category is unit 16 on the rooftop, comprising the rooftop, kitchen, store and open area. Its security deposit is Rs. 50,000, and its minimum monthly rent is Rs. 20,000.

The public auction will take place on 18 November 2026 at 11:00 a.m. at the office of Municipal Committee Kot Addu. Interested participants must provide their name, address and identity card number and deposit the relevant security with the municipal office cashier, obtaining a receipt before participating in the auction.

The successful bidder's security will remain deposited in the Municipal Committee's fund. Unsuccessful bidders will receive their security back at the auction. A call deposit submitted for a particular property is to be used for bidding on that property and cannot be used for the auction of another property. The successful bidder must execute the tenancy agreement following approval. Failure to comply with the agreement conditions may result in forfeiture of the security deposit.

Municipal Committee Kot Addu reserves the right to approve or reject the highest bid. The auction will be conducted under the Punjab Local Government Act 2025 and the Punjab Local Government Property Lease Rules 2018. Detailed auction conditions are displayed on the office notice board. Auction conditions and further particulars can be obtained during office hours from the Municipal Officer (Finance), Municipal Committee Kot Addu. The responsible officers are Muhammad Fayyaz, Chief Officer, and Muhammad Ali, Administrator.