Public Auction of 49 Shops on Stadium Road by Municipal Committee Lodhran
Auction details
Municipal Committee Lodhran invites bidders to a public auction of its shops on Stadium Road, along the southern and eastern walls. Lot 01 comprises 49 shops, with an area entry of 542.01 square feet and earnest money of Rs. 100,000. The auction will be conducted under the Punjab Local Government Property Rules 2018.
The auction will take place on 19 November 2026 at 1:00 PM in the hall of Municipal Committee Lodhran. Interested participants must bring their original national identity card, a photocopy of it and the required earnest money. Earnest money deposited by unsuccessful participants will be returned after the auction proceedings. Participation requires an original identity card.
The highest bidder will be the successful bidder. The successful bidder must deposit one-quarter of the bid amount, equivalent to 25%, on the spot. The remaining three-quarters, equivalent to 75%, must be deposited within 10 days of the auction. Failure to deposit the balance within the required period will result in forfeiture of the earnest money.
The competent authority reserves the right to approve or reject the auction proceedings. The successful bidder will be responsible for applicable government taxes.
Interested persons may inspect the shops and review the auction conditions through the Municipal Committee office during office hours before participating. The auction is on an as-is, where-is basis, and subsequent objections will not be accepted. The notice is issued by the Chief Officer and Administrator, Municipal Committee Lodhran.
Documents, submission and contact
- Submit to
- Hall of Municipal Committee Lodhran
- Auction venue
- Hall of Municipal Committee Lodhran
Published in
Listed from a public newspaper advertisement. Verify dates, fees and submission requirements with Municipal Committee Lodhran before bidding. Listing PT-1195.