Open Auction — Sale of Debris & Scrap from 30 Marla Building, Ali Block New Garden Town, Lahore (06 Jul 2026)

Punjab Mineral Development Corporation (PUNJMIN) invites interested individuals, firms and companies to participate in an open auction for the sale of scrap material and debris on an "As Is Where Is" basis from an existing building/structure located at House No. 151-B, Ali Block, New Garden Town, Lahore. The public auction will be held on 2026-07-06 at 11:00 AM in the Conference Room, Punjab Mineral Development Corporation (PUNJMIN), 2nd Floor, Alfalah Building, The Mall, Lahore.

Key Auction & Payment Terms

1. The building/structure is offered strictly on an "As Is Where Is" basis; the boundary wall is excluded. No claims regarding quantity, quality, condition, recoverable scrap or debris will be entertained after award.

2. The successful bidder must deposit 25% of the offered amount within 24 hours of the auction. The remaining 75% of the highest bid must be deposited within three (03) working days after issuance of the acceptance letter.

3. If the successful bidder fails to deposit the initial 25% amount, the earnest money shall be forfeited in favor of PUNJMIN. If the bidder fails to deposit the remaining 75%, both the earnest money and the 25% deposit will be forfeited.

4. Interested parties may visit the site during office hours to conduct surveys and assess the site prior to submission of auction bids. For coordination and site visits contact PUNJMIN officials listed below.

5. Responsibilities of the successful bidder include: ensuring compliance with laws, regulations and safety measures prior to demolition; completion of demolition, removal of all debris and site clearance at their own cost within one (01) month from issuance of the work order; and restoration and clearance of the site to the satisfaction of PUNJMIN, making it ready for new construction.

6. Earnest money of unsuccessful bidders will be returned after completion of the auction process. PUNJMIN reserves the right to reject any or all bids prior to acceptance of the financial proposal.

Auction Date & Venue
Date & Time: 2026-07-06 at 11:00 AM
Venue: Conference Room, Punjab Mineral Development Corporation (PUNJMIN), 2nd Floor, Alfalah Building, The Mall, Lahore.

Contacts for site visits & information
Mr. Tahir Javed Janjua — Ph: 0331-4244063, 0300-4384375
Mr. Amjid Gill — Ph: 0337-1746916, 0308-4423574

Issuer
Muhammad Sarmad Taimoor, General Manager (Administration), Punjab Mineral Development Corporation (PUNJMIN).
Office: 2nd Floor, Alfalah Building, Shahrah-e-Quaid-e-Azam, The Mall, Lahore.
Website: https://punjmin.punjab.gov.pk/ — Phone: 042-99205186