Auction of Seven Shops on Lease at Ladies Park Gulgasht by Parks and Horticulture Agency Multan

Parks and Horticulture Agency Multan invites participation in a public auction for the rental lease of seven shops at Ladies Park Gulgasht, Multan. The auction will take place on 16 November 2026 at 12:00 noon at the agency's head office near MDA Chowk, Multan. The lease period is five years.

The shops and their government bidding amounts are as follows: Shop 4A, size 08 x 10, Rs. 25,366; Shop 8A, size 08 x 10, Rs. 11,748; Shop 9B, size 08 x 10, Rs. 8,678; Shop 10B, size 08 x 10, Rs. 11,348; Shop 16B, size 08 x 10, Rs. 14,018; Shop 18B, size 08 x 10, Rs. 20,026; and Shop 02, size 10 x 12, Rs. 55,222. The security deposit for each shop is Rs. 100,000.

Participants must bring their original national identity cards. To participate, bidders must deposit the required security through a pay order in favour of the Director General, Parks and Horticulture Agency Multan, before the auction begins. Unsuccessful bidders will have their security returned after the auction.

The tenancy will be governed by the Punjab Parks and Horticulture Authority Act 2016 and the agency's applicable conditions. Rent will increase by 10 percent annually. Successful bidders must complete the required formalities within fifteen days. The rental agreement is to be executed on stamp paper of Rs. 100, and the agreement-related expenses are payable by the tenant. The conditions also require payment of two months' advance rent. Monthly rent must be deposited by the fifth day of each month in the designated bank account.

The shops must be used in accordance with the approved tenancy conditions. A tenant may not transfer or sublet a shop to another person. Violation of the conditions may result in cancellation of the tenancy. Tenants are responsible for applicable taxes and charges, and for repairing damage caused to the shops. They must comply with the relevant government rules and the agency's directions. The agency will not be responsible for litigation relating to a tenant's business.

Further auction conditions may be obtained from the office of the Director Marketing, Parks and Horticulture Agency Multan. Interested bidders should attend the auction at the agency's head office near MDA Chowk with their identity documents and the required security payment.