Notices Closed 16 Sep 2026
PAA Auction: Agricultural Lease for Plot No. 53 (Portion), P&V Scheme No. III, Kahuta Road, Islamabad
PAA Auction · Islamabad · The News International,
Notice advertisement published in The News International on Thursday, 20 August 2026, listed under Islamabad, Pakistan. Issued by PAA Auction. The last date printed on the advertisement was Wednesday, 16 September 2026 and has passed.
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Pakistan Airports Authority (PAA) invites sealed/open auction bids for lease of agricultural land located at Plot No. 53 (portion), P&V Scheme No. III, Kahuta Road, Islamabad.
| Issuer | Pakistan Airports Authority (PAA) – Office of COO / Airport Manager, Islamabad International Airport |
|---|---|
| Property | Plot No. 53 (portion), P&V Scheme No. III, Kahuta Road |
| Area | 9,722 Square Yards (approx. 02 Acres) |
| Purpose | Cultivation / Agriculture lease |
| Lease Term | Five (05) years initial term with an option to renew for a further five (05) years on lessee's written request (lessee must apply 60 days prior to expiry) |
| Reserve Price | Rs. 105,000 per acre per annum |
| Bid Security | Each bidder must submit a pay order of Rs. 20,000 in favour of Pakistan Airports Authority (PAA) before participating. Pay orders of highest and second-highest bidders will be retained; others returned after auction. |
| Payment & Award | Successful bidder to deposit 10% of the highest annual bid before issuance of allotment letter; balance to be paid within 30 days. Annual rent to increase by 5% each year on a cumulative basis. |
| Auction Date & Time | 16 September 2026 at 11:30 hours (to be held at the office of the COO / Airport Manager) |
| Conditions | Bids below reserve price will not be accepted. Lease award subject to approval of Competent Authority. Successful bidder to execute lease agreement and comply with all terms and conditions. |
For further information and queries contact the Office of COO / Airport Manager, Pakistan Airports Authority (PAA), Islamabad International Airport, Islamabad.
Published in The News International on Thursday, 20 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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