JangBanking Court III Karachi Auction of 80-Square-Yard Property in Korangi
Notice advertisement published in Jang on Sunday, 8 November 2026, listed under Karachi.
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Banking Court III, Karachi, announces a public auction of mortgaged immovable property in Execution Application No. 09 of 2013, arising from Suit No. 179 of 2007, involving National Bank of Pakistan, B.I.S.E. Branch, Karachi. The auction relates to recovery of Rs. 369,669 and is being conducted under Order XXI, Rule 64 of the Code of Civil Procedure, 1908.
| Particular | Details |
|---|---|
| Property | Plot/Quarter No. 10, Korangi Township, Karachi |
| Area | 80 square yards |
| Reserve price | Rs. 4,338,000 |
| Security deposit | Rs. 687,300 |
| Auction date | 9 December 2026 |
| Auction time | 1:00 p.m. |
| Auction venue | Banking Court III, Karachi |
Participation is subject to the prescribed security deposit. The highest bidder must deposit 25% of the purchase price and provide a copy of their CNIC. The remaining purchase amount must be deposited within 15 days. Failure to complete payment will result in forfeiture of the deposited amount.
The sale is subject to confirmation by the court. The court reserves the right to accept or reject bids. The auction is being administered by the Nazir of Banking Court III, Karachi.
Published in Jang on Sunday, 8 November 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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