Municipal Committee Mandi Bahauddin Restaurant Plot Lease Auction on 26 November 2026

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

The lease term is 15 years, with a 10% annual increase in rent. The reserve rents apply to the first year, and rent will be collected annually in advance.

Participants must deposit the applicable bid security through a bank draft or CDR in the name of Municipal Committee Mandi Bahauddin. The competent authority may reject a bid without assigning a reason. Bidders remain bound by the competent authority's decision to approve or reject the auction bid.

Following approval, the successful bidder must deposit the full first year's advance rent at the Municipal Committee office within 15 days, with the bid security adjusted against that payment. Failure to pay will result in rejection of the bid and forfeiture of the security, and the lease rights will be offered for auction again.

After depositing the first year's advance rent, the successful bidder must sign the lease agreement within 15 days. Failure to sign will result in rejection of the bid and forfeiture of the first year's advance rent. Possession of the plot will be handed over after the lease agreement is signed.

A six-month grace period will be allowed after signing the lease agreement for construction of the restaurant. The rental period will begin upon expiry of this grace period, which will not be extended.

The plots are being leased solely for establishing restaurants. The successful bidder is responsible for obtaining building-plan approval from the Municipal Committee and securing all other required NOCs. Building construction, electricity, gas and property tax will also be the successful bidder's responsibility.

Further information may be obtained from the Municipal Officer (Finance) during office hours. Auction terms and conditions will also be read out at the auction. Unsuccessful bidders will have their bid security returned on the spot. The competent authority reserves the right to approve or reject the auction.

Issuing authority: Chief Officer and Administrator, Municipal Committee Mandi Bahauddin. Reference: IPL No. 12047.