Banking Court-III Karachi Auction of Mortgaged Property in Gulshan-e-Kaneez Fatima (Plot 108-B)

Banking Court-III, Karachi (signed by Nazir Muhammad Hassan) announces a public auction of a mortgaged immovable property arising from Execution No. 49 of 2022 and Suit No. 209 of 2020. The property is described as Plot No. 108-B (first floor, Block 2, Stylish Garden), Gulshan-e-Kaneez Fatima Housing Society, Karachi, area approx. 40.44 square yards.

Key auction terms: market value shown Rs. 1,200,000 and forced sale value Rs. 960,000; a 25% deposit by bank draft/pay order in the name of Banking Court-III Karachi is required (cheques not accepted); the successful bidder must pay the balance within 15 days of the auction or forfeit the deposit. All government taxes and charges are payable by the buyer. The sale will be conducted at Banking Court-III, Karachi at 1:00 PM as stated in the notice.