Public Auction of Two Restaurant Plot Leases in Canal View Park by Municipal Committee Mandi Bahauddin

Municipal Committee Mandi Bahauddin invites bids through a public auction for the lease of two open plots in Canal View Park for developing and operating restaurants. The auction will be held at Municipal Committee Hall, Mandi Bahauddin, on 26 November 2026 at 11:00 AM. The leases will be governed by the Punjab Local Government Act 2025 and the Punjab Local Government Property Rules 2018.

Plot 1 comprises one kanal in Canal View Park near DJPS Chowk, on the eastern side of Phalia Road near Jinnah Public School Chowk. It is offered for constructing and operating a restaurant. Its reserve rent is Rs. 150,000 per month, and the required auction security is Rs. 180,000.

Plot 2 comprises two kanals in Canal View Park on the western side of Phalia Road. It is also offered for constructing and operating a restaurant. Its reserve rent is Rs. 500,000 per month, and the required auction security is Rs. 600,000. Both plots will be auctioned at the same venue, date and time.

The lease period is 15 years, with a 10% annual increase in rent. Each successful bidder must pay the first year's annual rent in advance. To participate, bidders must deposit the relevant security through a call deposit or bank draft in favour of Municipal Committee Mandi Bahauddin. The auction committee has authority to reject a bid without assigning a reason. At the conclusion of bidding, the bidder must sign the bid sheet, including the total amount. The bid remains subject to approval by the competent authority.

Within 15 days of approval, the successful bidder must deposit the first year's advance rent and security, with the auction security adjusted against the required payment. Failure to comply will result in cancellation of the bid, forfeiture of the security and re-auction of the property lease rights. The successful bidder must also sign the lease agreement within 15 days. Failure to sign will result in cancellation and forfeiture of the first year's advance rent.

A six-month grace period will begin upon signing the lease agreement for constructing the restaurant. Rent liability will begin after that period, and the grace period cannot be extended. The plots are offered solely for restaurant development. Following execution of the lease agreement, responsibility for building-plan approval from the Municipal Committee, obtaining NOCs from other departments, pollution-related requirements and all property taxes will rest with the successful bidder.

Auction conditions may be obtained during office hours from the Municipal Officer (Finance), Municipal Committee Mandi Bahauddin. Unsuccessful bidders' security will be returned on the spot. Possession will be delivered to the successful bidder after execution of the lease agreement. The competent authority may reject a bid for the stated financial reasons.