Public Auction of Five-Year Tenancy Rights for 25 Shops by Municipal Committee Kot Addu

Municipal Committee Kot Addu invites interested bidders to a public auction of tenancy rights for 25 constructed shops. The shops are to be let on rent for a five-year term from 1 November 2026 to 30 October 2031. The auction is scheduled for 16 November 2026 at 10:00 a.m. The annual rent will increase by 10% each year.

The auction schedule comprises eight groups. The first group contains two shops, numbered 17 and 18. The second contains one shop, numbered 11. The third contains two shops, numbered 7 and 9. The fourth contains twelve shops, numbered 2, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 and 16. The fifth contains two shops, numbered 13 and 20. The sixth contains two shops, numbered 3 and 5. The seventh contains three shops, numbered 19, 21 and 24. The eighth contains one shop, numbered 1. These are separate groups in the auction schedule; shop numbers recur between groups.

Interested persons must deposit the prescribed security before participating in the bidding. A successful bidder's security will remain with Municipal Committee Kot Addu and will be refundable upon completion of the tenancy period. Following approval of the successful bid, the successful bidder must execute a written agreement within fifteen days. The tenant will bear the expenses associated with the agreement.

The tenant must obtain permission from Municipal Committee Kot Addu before making alterations to a rented shop. Depositing security does not itself confer a right to tenancy, and the security is not to be treated as payment of rent. Municipal Committee Kot Addu reserves the right to reject a bid without assigning a reason.

Auction conditions and further details may be obtained during office hours from the office of the Municipal Officer (Finance), Municipal Committee Kot Addu. The notice is issued by Muhammad Zulqarnain, Administrator, and Muhammad Asad Ali, Chief Officer, Municipal Committee Kot Addu.