Pakistan Telecommunication Company Limited (PTCL) has announced a rare and highly lucrative investment opportunity in the heart of Karachi’s financial district. Through a transparent and competitive bidding process, PTCL intends to sell a premium commercial property on an “As is” basis.
For investors focusing on legally sound, high-value real estate assets with strong institutional backing and exceptional rental yield potential, this offering represents a landmark opportunity to secure a physical asset in Pakistan’s premier commercial hub.
Prime Location and Property Details
The property is strategically located on the main I.I. Chundrigar Road, Karachi. Situated directly adjacent to the Jang Press, this location guarantees maximum visibility and business footfall.
- Total Area: 13,583 Square Yards or 27 Kanal.
- Frontage: A highly valuable corner plot featuring approximately 500 feet of frontage on I.I. Chundrigar Road.
- Suitability: This real estate asset is ideally suited for developing iconic commercial projects, corporate offices, or luxury residential complexes.
Bidding Process and Eligibility
The bidding process is open and straightforward, designed to attract serious investors and corporate entities.
- Eligibility: All individuals, registered companies, and firms are eligible to participate in the bidding.
- Earnest Money: Bidders must submit a Demand Draft or Pay Order amounting to 50 Million PKR in favor of Pakistan Telecommunication Company Limited. Bids submitted without Earnest Money will be rejected.
- Submission Deadline: The final date for the submission of sealed bids is 26th March 2026.
- Submission Method: Proposals must be submitted in hard copy form, either by hand or through a courier service.
Official Payment Schedule
PTCL has outlined a structured payment plan for the successful bidder, ensuring a systematic transfer of this secure real estate asset.
- Earnest Money: 50 Million PKR.
- Down Payment: 25% of the total bid amount (after adjusting the earnest money) is required within 30 days from the date of bid acceptance.
- First Installment: 25% of the bid amount must be paid within three (3) months from the down payment due date.
- Final Payment: The remaining 50% of the bid amount is due within six (6) months from the down payment due date.
- Early Payment Discount: Investors opting to make the full payment within 30 days of bid acceptance will receive a 3% discount on the remaining 75% of the total amount.
Note: All applicable taxes and allied charges related to the buyer must be paid by the successful bidder. Property possession and transfer will occur after full payment is completed.
Download Official Bidding Documents
To participate in this golden investment opportunity, please download and review the official documents provided below:
- Download Official PTCL Property Brochure Here
- Download Detailed Terms & Conditions Here
- Download Official Bid Form Here
Why Invest in This PTCL Commercial Asset?
Securing a commercial asset of this scale on I.I. Chundrigar Road is a rare milestone. With strong institutional backing from Pakistan Telecommunication Company Limited and a clear legal transfer process, this 27-Kanal plot offers unmatched potential for high rental yields and capital growth.
At Manahil Estate, we evaluate real estate projects strictly on their legal standing, location value, and future development prospects to ensure our clients make the safest, most profitable decisions.
