Public Auction of Properties by Punjab Small Industries Corporation

The Regional Office of Punjab Small Industries Corporation, Sargodha, invites bidders to a public auction of commercial and industrial plots at Small Industrial Estate, Lahore Road, Sargodha. The auction will take place on 23 October 2026 at 11:00 a.m. at Punjab Small Industries Estate, Lahore Road, Sargodha. The plots will be auctioned on an as-is, where-is basis.

The auction comprises seven plots in four groups. Commercial plot M-2 measures 18.6 marla and has an initial auction price of Rs. 2,000,000. Four industrial plots, D-74, D-75, D-76 and D-77, each measure 11.58 marla, with an initial auction price of Rs. 1,045,000 per plot. Industrial plot D-73 measures 13.75 marla and has an initial auction price of Rs. 1,045,000. Industrial plot D-18-A measures 13 marla and has an initial auction price of Rs. 1,045,000. Plot areas may increase or decrease.

Auction information and conditions can be obtained from the relevant Regional Office and through www.psic.gop.pk. Bidders must deposit the required auction security by pay order before the auction begins.

The successful bidder must deposit one-quarter of the bid amount on the auction day. The remaining three-quarters must be paid within three months. Applicable government taxes are payable by the successful bidder. The competent authority retains the right to accept or reject bids under the auction conditions.

The auction is subject to the Punjab Small Industries Corporation Act 2023 and the Small Industrial Estates Policy 2023.

For further information, contact Umar Ishaq, Assistant Director, Regional Office, Punjab Small Industries Corporation, Sargodha, on 048-9230102.