Pakistan Telecommunication Company Limited (PTCL) has announced the sale of its own premium lands held at key locations of Punjab. This is a limited-time offer ending on 10 July 2025, and the sale will be made through sealed bids from interested buyers. The company has disclosed all important details of the 11 properties offered for sale in 8 different cities of Punjab, including the exact land location, size, and minimum earnest money to be deposited along with the bid. This is a golden opportunity for builders and investors across Pakistan to get hold of premium lands for their future projects or just long-term investments.
PTCL Properties’ Locations & Sizes
As mentioned above, PTCL is offering a total of 11 properties in 8 different cities of Punjab. Below is the list of properties available for sale with their respective locations and plot sizes:
| # | City/Town | Site Name | Area (Sq. Yards) | Area (Kanal–Marlas) |
|---|---|---|---|---|
| 1 | Gujranwala | DC Road, Near Al-Noor Shopping Mall. | 39,264 | 64K–18M |
| 2 | Gujranwala | PTCL Exchange Vanianwala, Sialkot Bypass Road, Adjacent to Beaconhouse Palm Tree Campus. | 7,139 | 11K–16M |
| 3 | Faisalabad | PTCL Open Plot, Near Kiren Valley Housing Colony, Millat Town. | 12,886 | 21K–6M |
| 4 | Faisalabad | Chiniot–Chak Jhumra Road, Near Allied School, Chak Jhumra. | 4,386 | 7K–5M |
| 5 | Sadiqabad | PTCL Exchange, Hospital Road. | 12,856 | 21K–5M |
| 6 | Multan | PTCL Open Plot, Near Total Parco Regional Office, Industrial Estate Highway. | 14,520 | 24K |
| 7 | Multan | PTCL Regional Telecom Training School, Near First Quality Chemicals Industrial Estate Highway. | 9,680 | 16K |
| 8 | Bahawalpur | Dr. Raja Road, Near Royal Cadet Public School. | 15,700 | 25K–19M |
| 9 | Okara | Shah Din Road, Near Madina Marriage Hall. | 13,713 | 22K–13M |
| 10 | Kasur | Kacheri Road, Near DCO House. | 8,167 | 13K–10M |
| 11 | Attock | Bharyar, Near Army Golf Course. | 8,046 | 13K–6M |
You can download the project brochure below for complete details of these properties:
Key Terms and Conditions for PTCL Property Auction
PTCL has clearly outlined all important terms & conditions for this offer. If you are planning to participate in the bidding process, it is very important to go through every single term of the auction before making any commitment.
Below are the key terms and conditions of PTCL offer:
Eligibility Criteria
The auction is open to all individuals, companies, and registered firms. Participants can submit bids for more than one property, but each property requires a separate bid form along with a separate demand draft or pay order as earnest money. Without earnest money, bids will not be entertained.
Required Documents for Bidding
Interested parties must submit a complete set of documents, including:
- A duly filled bid form (attached below)
- Copy of CNIC for individuals or registration documents in case of firms or companies
- Demand draft or pay order in favor of Pakistan Telecommunication Company Limited as earnest money
The earnest money requirements vary by property:
- Rs. 5 million for Property No. 1 (DC Road, Gujranwala) and Property No. 5 (Sadiqabad)
- Rs. 2 million for Property No. 8 (Bahawalpur)
- Rs. 1 million for each of the remaining eight properties
The earnest money is refundable for all unsuccessful bidders. After the bids are evaluated, PTCL may ask the top three bidders to revise their offers to meet the target price.
Below you can download the official bid form to place your bids:
Approval and Acceptance
Successful bidders will be formally notified through a Bid Acceptance Letter only after approval from PTCL’s Board of Directors. PTCL reserves the right to reject any bid at any point during the sale process without assigning any reason.
Payment Plan
Once a bid is accepted, the payment schedule will be as follows:
- Down payment of 25% (after adjusting the earnest money) within 30 days of bid acceptance.
- First installment of 25% within three months from the date of down payment.
- Final payment of 50% within six months from the date of down payment.
PTCL is also offering a 3% discount on the remaining 75% of the amount if the buyer opts to make full payment within 30 days of bid acceptance. Full ownership and possession of the property will be handed over only after the total amount is received.
Taxes and Other Charges
All applicable taxes and related charges for both buyer and seller will be paid by the successful bidder and PTCL respectively. In case withholding tax applies, it will be deducted by PTCL in accordance with prevailing tax laws.
Use of Property After Transfer
After the transfer of ownership and possession, the buyer will be solely responsible for the property’s use in compliance with applicable byelaws and for obtaining any necessary approvals from relevant authorities.
Submission Deadline
All documents must be submitted in hard copy through courier no later than 10th July 2025. The envelope should be clearly marked as shown below:
Proc.8-3/2/180325/4117 – Monetization of PTCL Properties – Punjab
Manager Procurement Support
Room # 224, E Block,
PTCL Office, Sector G-8/4, Islamabad.
Is it Worth Investing in PTCL Properties?
If you are a builder or developer, you should naturally be interested in this offer by PTCL. It’s important to go through the details of all the properties on offer and do your homework regarding the market value of the land and the potential for residential or commercial development at each location. If everything aligns with your investment criteria, you should consider participating in the auction and placing a reasonable bid based on investor pricing.
Even if you’re an individual investor, you can review the available properties and submit your offer for the ones that seem promising. Since the property sizes are not too large, starting from 7 kanals and with most ranging between 10 to 25 kanals, the total cost may remain manageable for an individual or a small investment group.
This auction presents a rare opportunity to acquire premium land at prime locations in Punjab through a transparent and competitive process. If you carry out proper due diligence and make a well-thought-out offer, it could turn out to be a highly profitable investment decision.
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