Notices Closed 10 Aug 2026
Public Auction: Mezzanine Floor in Al-Murtaza Heights — JS Bank (Auction 2026-08-10)
Public Auction · Jamshoro · The News International,
Notice advertisement published in The News International on Thursday, 16 July 2026, listed under Jamshoro, Pakistan. The last date printed on the advertisement was Monday, 10 August 2026 and has passed.
The original image is temporarily unavailable. Use the source link or the details below. Open the full-size clipping Advertisement details
JS Bank Limited (Special Assets / Recovery) invites sealed/public auction bids for a mortgaged mezzanine floor under the Financial Institutions (Recovery of Finances) Ordinance. The sale will be on an “as is, where is” basis. Key details follow.
| Issuer | JS Bank Limited — Special Assets Management / Recovery Department |
|---|---|
| Borrower | Shabnum Petrol Pump (Near Allied Bank Ltd., Main Thatta Road, Site Katchri, District Jamshoro) |
| Mortgagor / Owner | Mr. Sohail Adeeb Bachani S/o Fazal Ahmed Bachani |
| Mortgagor Addresses | 1) House No. A-67, Street No. 5, Gulistan-e-Sajjad, Qasimabad, District Hyderabad 2) House No. 139-B, Mohallah Ghanchi, Tehsil & District Tando Allahyar |
| Mortgaged Property | Mezzanine floor measuring 3,981.00 sq. ft. situated in Al-Murtaza Heights constructed over Plot No. B-16, Government Employees Cooperative Housing Society |
| Outstanding Amount (as stated) | Rs. 21,881,358.54 (Twenty One Million Eight Hundred Eighty One Thousand Three Hundred Fifty Eight and Paisa Fifty Four) |
| Reserve Price | Rs. 23,686,000/- (Twenty Three Million Six Hundred Eighty Six Thousand) |
| Auction Schedule | Registration/arrival at 03:00 PM on 2026-08-10 (Monday). After pre-auction formalities, auction to be conducted at 03:30 PM sharp on 2026-08-10 (Monday). |
| Auction Venue | JS Bank Limited, Latifabad Branch — Plot #12, Block-D Unit 07, Latifabad, Hyderabad |
| Key Terms |
- Participants must bring original CNIC plus three copies to participate. - No bid below the stated reserve price will be accepted. - Earnest money: successful / participating bidders required to deposit a specified percentage of the bid amount as earnest money by pay order in favour of JS Bank Limited (deposit and balance payment conditions as per bank terms). - Sale on "As is - Where is" basis; JS Bank reserves the right to accept, reject or cancel the auction and to divide or consolidate lots as applicable. - All applicable taxes, duties and expenses related to the transfer will be borne by the purchaser. |
| Contacts / Auctioneer | JS Bank Ltd, Special Assets Management Department (Karachi office). Auctioneer: Ms. Muhammad Siddique & Associates, Advocates & Legal Consultants. |
Interested bidders should attend the venue on the auction date and follow the bank’s pre-auction procedure. For further confirmation of terms, exact deposit amounts and any clarifications contact JS Bank’s Special Assets Management or the listed auctioneer prior to the auction.
Published in The News International on Thursday, 16 July 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
More notices
Also in The News International · 16 Jul 2026
