Open auction will be held on 25 September for highest Rooftop Restaurant in the city

Lahore: Open auction of Tenancy Rights of highest Rooftop Restaurant in the city, built at the 10th floor of Park N Ride Plaza, Liberty Market, Lahore, will be held  on  Thursday 25 September 2014 at 10.00 am at LDA Community Centre, New Muslim Town, Lahore.

Tenancy rights of this highest rooftop restaurant of the provincial metropolis, covering a space of 9000 square feet, will be auctioned for a period of 10 years.

The successful bidder will avail the facility of first six months’ rent-free use of the site. Bid starting price will be Rs.60/- per square feet per month. Every participant of the auction shall have to deposit Rs. 500,000/- in advance, in the form of cash or pay order at the booth of National Bank of Pakistan established at the venue of the auction.

The successful bidder shall have to deposit Rs. 4 million within 7-days of auction (including holidays). Every participant of the auction shall bring two attested copies of his/her Computerized National Identity Card. Further details for participating in the auction and rent deed can be obtained from Deputy Director Sales and Allotments, LDA.