Notices Closed 03 Sep 2026
Bank of Punjab Public Auction: Mortgaged Properties of M/s Sumaira Flour Mills (Lahore & Sheikhupura)
Bank of Punjab Public Auction · Lahore; Sheikhupura · Jang,
Notice advertisement published in Jang on Saturday, 8 August 2026, listed under Lahore; Sheikhupura. Issued by Bank of Punjab Public Auction. The last date printed on the advertisement was Thursday, 3 September 2026 and has passed.
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Issuer: The Bank of Punjab (BOP). Purpose: Public on-site auctions of properties mortgaged in the account of M/s Sumaira Flour Mills (Pvt.) Limited to recover outstanding financing facilities.
| Property | Reserve Price / Forced Sale Value | Date & Place of Auction |
|---|---|---|
| Residential property measuring 32.04 Marlas (covered area 7,068 sq.ft.), House No. 205, Block B, Phase XII, DHA EME, Lahore. | Rs. 86.197 Million (Valuation by Asif Associates dated 13.04.2026) | At site on 01/09/2026 at 01:00 PM |
| Residential property measuring 10 Marlas (covered area 2,950 sq.ft.), House No. 134, Block G, Model Town Co-operative Housing Scheme Limited, Lahore. | Rs. 34.624 Million (Valuation by Asif Associates dated 13.04.2026) | At site on 02/09/2026 at 01:00 PM |
| Agricultural land measuring 59.531 Acres situated at Hadbast, Mouza Babakwali, adjacent to Dera Main Azher, Tehsil Ferozewala, District Sheikhupura. | Rs. 384.532 Million (Valuation by F.K.S Surveys dated 14.04.2026) | At site on 03/09/2026 at 01:00 PM |
How to participate: Interested bidders may inspect valuation reports and property details at The Bank of Punjab Head Office (BOP Tower, 10-B, Block E-1, Main Boulevard, Gulberg-III, Lahore) during office hours; copies available on request. To participate in the auction, bidders must submit a Bank Draft/Pay Order/CDR of Rs. 1,000,000 (Rupees One Million Only) for each property in the name of The Bank of Punjab along with a copy of CNIC and contact details.
Successful bidder: The highest bidder will be declared the successful bidder. The successful bidder must comply with the Bank’s payment and documentation requirements as announced by the Bank; other terms and conditions apply. Any additional terms and conditions, taxes, dues or liabilities (if any) will be announced prior to commencement of open bidding.
Contact / Submission: Unit Head – Special Assets Management Division, The Bank of Punjab, Head Office, 6th Floor, BOP Tower, 10-B, Block E-1, Main Boulevard, Gulberg-III, Lahore. For further information call the Bank’s Special Assets numbers listed in the Head Office.
Published in Jang on Saturday, 8 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?
- The advertisement prints Thursday, 3 September 2026. That date has passed.
- Which newspaper published this notice?
- Jang, in the edition of Saturday, 8 August 2026.
- Which city is this notice listed under?
- Lahore; Sheikhupura. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- 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.
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