Auction Notice: Petrol Pump Site at Shahrah‑e‑Faisal, Karachi — Cantonment Board Faisal
Auction Notice · Karachi · Dawn,
Notice advertisement published in Dawn on Friday, 2 October 2026, listed under Karachi. The last date printed on the advertisement is Wednesday, 21 October 2026.
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Issuer: Cantonment Executive Officer, Cantt Board Faisal (Military Lands & Cantonments Department).
Cantt Board Faisal invites sealed participation in an auction of a petrol pump site located on main Shahrah‑e‑Faisal, Karachi on a premium (non‑refundable) and rent basis. The auction will be held on 2026-10-21 at 11:00 AM in the Cantt Board office, Faisal. If the auction is not held on that date it will be rescheduled to 2026-10-22 at 11:00 AM, and if still not held to 2026-10-23 at 11:00 AM.
| Item | Petrol pump site at main Shahrah‑e‑Faisal, Karachi |
|---|---|
| Auction date & time | 2026-10-21 at 11:00 AM (rescheduled to 2026-10-22 or 2026-10-23 at 11:00 AM if required) |
| Participation security | Pay Order of Rs. 10,000,000 in favor of Cantonment Executive Officer, Faisal Cantt prior to the auction |
| Bid deposit | Successful bidders to submit 25% (one‑quarter) of bid value at spot; remaining 75% to be deposited within 30 days of Board approval, otherwise the initial 25% will be forfeited |
| Reserve rent & premium | Reserve rent Rs. 40/‑ per sq. ft.; reserve premium to be announced at the spot |
| Tenancy term | Initial period 10 years, renewable for two similar terms; tenancy rights transferable subject to payment of transfer fee as decided by the Board |
| Financial terms & increases | Annual increase in rent minimum 10% (and up to any reasonable amount to adjust prevailing inflation); taxes and Cantt/Board charges as per prevailing rates payable by successful bidder |
| Fees & charges | Development charges Rs. 4,000/‑ per sq. yard; E‑stamp of Rs. 2,000/‑ to be executed within 07 days of Board’s approval/letter of intent |
| Conditions & approvals | Successful bidder must obtain all NOCs for installation of petrol pump; utilities (electricity, telephone, gas, water) arranged by bidder at their expense; building plan must be submitted to Cantt Board for construction approval; tenant responsible for repairs, maintenance and security of premises |
| Documents to bring | Original CNIC and contact number; copy to be submitted before auction |
| Contact & info | Cantt Board Faisal: Tel 021-99240525‑7; Fax 021-99240526; Helpline 021-34602764; Website: www.faisal.cantonment.gov.pk |
Other standard terms and conditions of auction and tenancy will apply as per Cantt Board Faisal rules and relevant Cantonment Acts and guidelines.
Published in Dawn on Friday, 2 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.