Public Auction — Mortgaged Properties of M/s Sumaira Flour Mills (Pvt.) Ltd. by The Bank of Punjab
Public Auction · Lahore; Sheikhupura · Jang,
Notice advertisement published in Jang on Sunday, 9 August 2026, listed under Lahore; Sheikhupura.
The original image is temporarily unavailable. Use the source link or the details below. Open the full-size clipping Advertisement details
Issuer: The Bank of Punjab (Special Assets Management Division). Purpose: Public on-site auction of properties mortgaged in the account of M/s Sumaira Flour Mills (Pvt.) Limited due to default on financed facilities. Interested bidders must follow the Bank's auction terms and submit required earnest money and documents.
| Property | Location | Size / Details | Reserve Price (Forced Sale Value) | Valuation Date | Auction Date & Time (At Site) |
|---|---|---|---|---|---|
| Residential property (House) | House No. 205, Block B, Phase XII, DHA EME, Lahore | 32.04 Marlas, covered area approx. 7,068 sq.ft. | Rs. 86.197 Million | 13-04-2026 (Asif Associates) | 01/09/2026 at 1:00 PM |
| Residential property (House) | House No. 134, Block G, Model Town Co-operative Housing Scheme, Lahore | 10 Marlas, covered area approx. 2,950 sq.ft. | Rs. 34.624 Million | 13-04-2026 (Asif Associates) | 02/09/2026 at 1:00 PM |
| Agricultural land | Habibat Mouza Babakwal, adjacent to Dera Mian Azher, Tehsil Faqrewala, District Sheikhupura | 59.531 Acres | Rs. 384.532 Million | 14-04-2026 (F.K.S Surveyors) | 03/09/2026 at 1:00 PM |
Key auction requirements (as stated): bidders wishing to participate must submit a Bank Draft / Pay Order / CDR of Rs. 1,000,000 (Rupees One Million Only) as earnest money in favour of The Bank of Punjab, provide a copy of valid CNIC and contact details. The highest bidder meeting auction terms will be declared successful; successful bidders must comply with the Bank's deposit and completion conditions as per the terms and conditions published by the Bank.
Contact / Submission: Unit Head – Special Assets Management Division, The Bank of Punjab, Head Office, 6th Floor, BOP Tower, 10-B, Block E-II, Main Boulevard, Gulberg-III, Lahore. Prospective bidders should inspect valuation reports and satisfy themselves per the Bank's stated terms and conditions before bidding.
Published in Jang on Sunday, 9 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- This advertisement prints no last date. Read the clipping and confirm with the issuing organisation.
- Which newspaper published this notice?
- Jang, in the edition of Sunday, 9 August 2026.
- Which city is this notice for?
- Lahore; Sheikhupura — the location listed for this advertisement.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
More notices
Also in Jang · 09 Aug 2026
