Public Auction of Land Lots by University of Okara

The University of Okara invites bidders to a public auction of agricultural land leases for 2026–27. The auction will take place on 16 November 2026 at 3:00 pm in the Committee Room, Admin Block, University of Okara.

Five lots are offered: Plot 175, comprising 19 acres; Plot 176, comprising 19 acres; Plot 177, comprising 19 acres; Plot 178, comprising 21 acres; and the combined Plots 173 and 174, comprising 21 acres. Each lot has a security deposit of Rs. 100,000 and an annual reserve rent of Rs. 140,000 per acre, excluding taxes. The lot schedule gives the lease period as 13 November 2026 to 12 November 2027. The general conditions give the agricultural lease period as 16 November 2026 to 15 November 2027.

The successful bidder must comply with the university's payment and security requirements. Security must be furnished through a CDR payable to the Treasurer, University of Okara. Applicable advance withholding tax must be paid under FBR requirements, and the tax payment CPR must be supplied before possession is obtained.

The land is to be used for agricultural purposes. Residential occupation and keeping livestock on university premises are prohibited. The contractor must observe the university's restrictions concerning trees and other university property. At the end of the lease, the land must be handed back without standing crops. The university will not compensate the contractor for crops remaining when the lease ends.

Fencing requires permission from the university's engineering branch and must be undertaken at the contractor's own expense within the stipulated 15-day period. Permanent construction is prohibited. The contractor may not transfer or sublet the leased land to another person.

Bidders who previously held university agricultural leases must meet the conditions relating to their earlier contracts. Persons with outstanding university dues are not eligible to participate. The successful bidder must provide the required affidavit on stamp paper within two days and submit a police character certificate within seven days of obtaining the lease. Employment of children under 14 is prohibited under the Child Labour Act.

The auction committee may amend the conditions, and its decisions will be binding. If the land is not auctioned again and the lease is extended, the annual rent will increase by 10%. Existing crops on Plots 173 and 174 must not be disturbed.

The issuing officer is the Secretary, Auction Committee, University of Okara.