BankIslami Public Auction — Plot (160 sq. yd.), Karachi
BankIslami Public Auction · Karachi · The Express Tribune,
Notice advertisement published in The Express Tribune on Tuesday, 7 July 2026, listed under Karachi. Issued by BankIslami Public Auction.
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BankIslami Pakistan Limited invites sealed/public auction for a mortgaged plot held as security against an outstanding loan.
| Issuer | BankIslami Pakistan Limited |
|---|---|
| Chargor / Borrower | Mr. Kashif Nizami S/o Mr. Nizamuddin Jan |
| Property (Particulars) | Plot No. F-1-20, measuring 160 square yards, Block-1 |
| Outstanding Amount | PKR 11,589,237/- plus cost of funds |
| Reserve Price / Market Value | Reserve Price: PKR 11,000,000/- (Market Value) |
| Auctioneer | M/s Muhammad Zubair Quraishy & Co. |
Key instructions (as published): Participants are required to bring their original CNICs (with copies) to participate in the auction. The bank has published terms and conditions governing the auction and reserves the right to accept or reject bids. Interested parties should contact BankIslami Pakistan Limited or the listed auctioneer for the full auction schedule, venue, detailed terms, inspection arrangements and submission requirements.
Published in The Express Tribune on Tuesday, 7 July 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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