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Privatisation Commission Pakistan

Privatisation Commission Pakistan

Pakistan
Privatisation Commission
  • 19
  • Map
PKR 5.77 Million to 5.03 Billion
Overview
  • Details & Description
  • Forms (7)
  • Marketed By

Details & Description

All properties are on "RESERVE PRICE"

Most Popular Locations For Auction:
Lahore:

  • Shama Apartments (Shama Road)
  • Vogue Tower (MM.Alam Road)
  • Commercial Property (34 Nicholson Road).
  • Commercial Property (Republic Motor 87 Shahrah-e-Quaid-e-Azam Mall Road Lahore)

    Islamabad:
  • Centaurus Mall (The Centaurus Residencia)
  • PHA Apartments (Sector G-7/2)
  • Country Club Apartments (Block BB).
  • Residential Plot (Pir Sohawa Islamabad)

    Multan:
  • Industrial Land (Multan Industrial Estate, Phase - I),

    Faisalabad:
  • Commercial Building (Canal Bank, Near Faisal Town)

    For more properties visit on property types section

    How To Participate In Auction
  • Privatisation Commission invites interested individuals, firms and companies not owned by the Federal Government, both local and foreign, to participate in the auction for sale of the properties mentioned herein, owned or controlled by the Ministries/Divisions/Entities of Federal Government on ‘as is where is basis’.

  • Bid Documents can be downloaded FREE OF COST from Privatisation Commission official website (www.privatisation.gov.pk). If still needed by any bidder, printed Bid documents can be purchased from Privatisation Commission during office hours against fee of PKR 1,000/- paid either through Cash Deposit Bank Slip or in shape of Call Deposit/Bank Draft/Pay Order issued by a scheduled bank in favor of Privatisation Commission. Bid documents will also be available for purchase at auction booth to be established at the venue on the day of auction on payment of mentioned amount.

  • A request for courier of Bid Documents can also be made by sending application to the addresses mentioned below, accompanied with fee of PKR 2,000/-, paid either through Cash Deposit Bank Slip or in shape of Call Deposit/Bank Draft/Pay Order issued by a scheduled bank in favor of Privatisation Commission of Pakistan.

  • Persons residing outside of Pakistan can also request for Bid Documents through courier against wire transfer fee of PKR 10,000/- in below mentioned bank account of Privatisation Commission of Pakistan.

    Facilitation to Interested Bidders:
  • Bidders can download FREE OF COST information memorandums of each property, incorporating details, salient features, location and potential.
  • Information of each property, bidding process, terms & conditions etc. are available for free downloaded from www.privatisation.gov.pk
  • If requested, Interested bidders will also be given opportunity to visit the property site on a working day as detailed in Bid Documents.

    Other Conditions:
  • Auction shall be held as per terms and conditions referred in the Bid Documents.
  • Earnest Money equal to 10% of Reserve Price mentioned in this advertisement for each property shall be in shape of a call deposit, bank draft or pay order issued by a scheduled bank in Pakistan or in cash if the property reserve price does not exceed PKR. 5,000,000 and shall be submitted at the Auction Booth at the time of registration of bidders for respective property, along with other required documents as detailed in Bid Documents.
  • Successful bidder will have to deposit 30% of accepted highest Bid Price within seven (07) calendar days of Letter of Acceptance issued.
  • Balance 70% of accepted Bid Price (less the Earnest Money) will have to be deposited within thirty (30) days of issuance of the Letter of Acceptance in case of properties listed at serial numbers 1-19 and 22-25. For properties listed at serial numbers 20, 21 and 26 this balance payment will have to be deposited within Sixty (60) days of issuance of the Letter of Acceptance.
  • Payment against Earnest Money or accepted Bid Price can also be transferred through bank wire into the following bank account of Privatisation Commission;
    Account Title: Privatisation Commission
    IBAN: PK72NBPA0341003035236082
    Swift Code: NBPAPKKA021
    Bank Name: National Bank of Pakistan
    Bank Branch: National Bank of Pakistan, Main Branch, Islamabad
    Branch Address: Melody Market, Civic Centre, G-6 Markaz, Islamabad
  • The default in timely periodic payments due by the successful bidder, shall entitle the Commission to forfeit the Earnest Money and deposited amount.
  • Earnest Money will be refunded to unsuccessful bidders (without any profit, mark-up or interest etc., thereon) within the period as mentioned in the Bid Documents.
  • Advance income tax @ 5% (from filers) and 10% (from non-filers) will be collected as per Section 236A of the Income Tax Ordinance, 2001.
  • All applicable Federal, Provincial and Local fees, taxes and levies regarding transfer of property will be paid by the successful bidder.
  • Privatisation Commission reserves the rights to accept or reject all or any of the bids at any stage without assigning any reason thereof.
  • SOPs to be announced by the Provincial/Federal Government in relation to public gatherings will have to be followed by the bidders at auction venues.
  • Forms

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    Date: 06/08/2020
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    13.BUILDINGS (COMMERCIAL PROPERTY - MALL ROAD LHR)

    Date: 28/08/2020
    Download

    20. INDUSTRIAL LAND (ADJACENT TO MULTAN INDUSTRIAL ESTATE, PHASE - I)

    Date: 08/08/2020
    Download

    21. AGRICULTURAL LAND (CHAK 142EB, NEAR MADINA CHOWK VEHARI)

    Date: 08/08/2020
    Download

    24. AGRICULTURAL LAND (LINK AIRPORT ROAD, RAHIM YAR KHAN)

    Date: 08/08/2020
    Download

    26. AGRICULTURAL LAND (NEAR NAWABSHAH AIRPORT, NAWABSHAH)

    Date: 08/08/2020
    Download

    27. COMMERCIAL PLOTS (REST HOUSE LAND, LALAZAR MANSEHRA)

    Date: 08/08/2020
    Download

    Marketed By

    Ministry Of Privatisation

    Property Types
    • Buildings (Commercial Property - Mall Road LHR)
      • Area: 187,330 Sq. Ft.
      • Price: PKR 5.03 Billion
      • Download
    • Industrial Land (Adjacent to Multan Industrial Estate, Phase - I)
      • Area: 540,000 Sq. Ft.
      • Price: PKR 262.5 Million
      • Download
    • Agricultural Land (Chak 142/EB, Near Madina Chowk Vehari)
      • Area: 153,000 Sq. Ft.
      • Price: PKR 5.77 Million
      • Download
    • Agricultural Land (link Airport Road, Rahim Yar Khan)
      • Area: 220,500 Sq. Ft.
      • Price: PKR 162.59 Million
      • Download
    • Agricultural Land (Near Nawabshah Airport, Nawabshah)
      • Area: 180,000 Sq. Ft.
      • Price: PKR 8 Million
      • Download
    • Commercial Plots (Rest House Land, Lalazar Mansehra)
      • Area: 28,800 Sq. Ft.
      • Price: PKR 21.76 Million
      • Download
    Payment Plan
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    • PKR 5.77 Million to 5.03 Billion
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