Municipal Committee Shorkot Auction of 18 Shops and Plots on 10-Year Lease
Notice advertisement published in Business Recorder on Friday, 13 November 2026, listed under Shorkot. The last date printed on the advertisement is Thursday, 26 November 2026.
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Municipal Committee Shorkot will hold a public auction for the rental of 18 shops/plots at Jhang Road Market, covering a stated total area of 1 kanal and 2 marlas. The auction will take place at the Municipal Committee office on 26 November 2026 at 1:00 PM. Rent will increase by 10% annually.
| Plot Number | Area (Square Feet) | Official Reserve Monthly Rent (PKR) | Security Deposit (PKR) |
|---|---|---|---|
| 1 | 168 | 15,000 | 100,000 |
| 2 | 153 | 15,000 | 100,000 |
| 3 | 207 | 15,000 | 100,000 |
| 4 | 121 | 12,000 | 100,000 |
| 5 | 188 | 15,000 | 100,000 |
| 6 | 180 | 15,000 | 100,000 |
| 7 | 180 | 15,000 | 100,000 |
| 8 | 180 | 14,000 | 100,000 |
| 9 | 180 | 14,000 | 100,000 |
| 10 | 180 | 14,000 | 100,000 |
| 11 | 180 | 14,000 | 100,000 |
| 12 | 180 | 14,000 | 100,000 |
| 13 | 172 | 12,000 | 100,000 |
| 14 | 142 | 12,000 | 100,000 |
| 15 | 156 | 14,000 | 100,000 |
| 16 | 180 | 15,000 | 100,000 |
| 17 | 180 | 15,000 | 100,000 |
| 18 | 268 | 16,000 | 100,000 |
The shops/plots will be leased for 10 years under an agreement governed by the Punjab Local Government Property Rules 2018.
Each bidder must submit a security deposit of PKR 100,000 to the Chief Officer by 12:00 noon on the auction date, either through a pay order in favour of the Chief Officer or through a cash deposit into the municipal account supported by a bank receipt. Participation without the security deposit will not be accepted.
Contractors of Municipal Committee Shorkot or any other organization are ineligible to participate. The successful bidder must pay rent from the date the work order is issued.
The successful bidder may not sublet, rent out or sell the shop under any circumstances. A violation will result in automatic cancellation of the tenancy agreement.
Detailed terms and conditions may be obtained from the Municipal Officer (Regulation) or the rent clerk during office hours on any working day.
Issued by the Chief Officer and Administrator, Municipal Committee Shorkot. Publication reference: IPL No. 12003.
Published in Business Recorder on Friday, 13 November 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.