Public Auction — Mortgaged Plot in Orangi Town, Karachi on 15 Sep 2025

The Banking Court-V, Karachi has ordered a public auction of a mortgaged property to satisfy a decree in favour of Zarai Taraqiati Bank Ltd, Fish Harbour Branch. The property is Plot No. 571/16, Sheet No. IV, admeasuring 120 sq. yards in Sector No. 11-C, Mansoor Nagar, Orangi Town, Karachi. Decretal amount: Rs. 365,000; market value Rs. 1,200,000; forced sale value Rs. 1,020,000.

Auction date: 2025-09-15 at 1:00 PM at the court premises. The highest bidder must immediately deposit 25% of the purchase price by pay order in the name of Judge, Banking Court-V, Karachi with a photocopy of CNIC (no cheque or cash accepted); the balance must be paid within 15 days. Sale is on an "as is where is" basis and is subject to confirmation by the court; the court reserves the right to cancel or reject any bid.