Bank of Punjab Open Auction of Bank-Owned Properties in Sialkot & Faisalabad – Sept 14–15, 2026
Bank of Punjab Open Auction of Bank-Owned Properties in Sialkot & Faisalabad – Sept 14–15, 2026 · Sialkot; Faisalabad · Jang,
Notice advertisement published in Jang on Saturday, 29 August 2026, listed under Sialkot; Faisalabad. Issued by Bank of Punjab Open Auction of Bank-Owned Properties in Sialkot & Faisalabad – Sept 14–15, 2026. The last date printed on the advertisement was Tuesday, 15 September 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
The Bank of Punjab invites interested parties to participate in on-site public auctions of bank-owned properties in Canal City Housing Scheme, Sialkot and Regency International, Faisalabad. Bidders must submit required earnest money and documents and comply with payment and tax conditions as listed below.
| Sr | Property | Area | Reserve Price (PKR million) | Auction Date & Time | Location (District/City) |
|---|---|---|---|---|---|
| 1 | Open Commercial Plot No. 7, Block A, Canal City Housing Scheme (Corner), Wazirabad-Sialkot Road | 18.35 Marla | 80.000 | 2026-09-14, 01:00 PM | Sialkot |
| 2 | Open Commercial Plot No. 6, Block A, Canal City Housing Scheme, Wazirabad-Sialkot Road | 19.88 Marla | 83.000 | 2026-09-14, 01:00 PM | Sialkot |
| 3 | Open Commercial Plot No. 13, Comm-4, Canal City Housing Scheme, Wazirabad-Sialkot Road | 3.30 Marla | 17.000 | 2026-09-14, 01:00 PM | Sialkot |
| 4 | Open Commercial Plot No. 14, Comm-4, Canal City Housing Scheme, Wazirabad-Sialkot Road | 3.30 Marla | 17.000 | 2026-09-14, 01:00 PM | Sialkot |
| 5 | Residential House No. 9, Block F9 (Grey Structure), Canal City Housing Scheme, Wazirabad-Sialkot Road — Covered Area 1,773 sq.ft | 4.136 Marla | 12.000 | 2026-09-14, 01:00 PM | Sialkot |
| 6 | Residential House No. 10, Block F9 (Grey Structure), Canal City Housing Scheme, Wazirabad-Sialkot Road — Covered Area 1,773 sq.ft | 4.136 Marla | 12.000 | 2026-09-14, 01:00 PM | Sialkot |
| 7 | Commercial Units/Offices Nos. 206–214, 223A & 223B (second floor, total 5,972.70 sq.ft) at Regency International (adjacent to Best Western Hotel), Chak No. 212 RB | 5,972.70 sq.ft | 104.000 | 2026-09-15, 01:00 PM | Faisalabad |
How to bid: Submit a Bank Draft/Pay Order/CDR/Banker’s Cheque of PKR 500,000 in favor of The Bank of Punjab as earnest money, along with a copy of CNIC and a contact number. The instrument must be endorsed on the back with the relevant “Property Sr. # & its Address” and submitted at the auction site before the scheduled time on the auction date.
Payment & post-auction conditions: Bids will be accepted on the spot provisionally. The successful bidder will be informed at the spot; upon issuance of the final acceptance letter, 25% of the bid amount must be paid within 7 days and the balance within 30 days. Failure to pay will result in cancellation without notice. The successful bidder is responsible for all applicable federal/provincial taxes and transfer expenses. Advance income tax as per law is applicable: 5% for filers and 10% for non-filers.
Other conditions: The Bank of Punjab reserves the right to accept or reject any or all bids without assigning any reason. Refunds and other terms will follow the Bank’s stated auction conditions. For queries, contact The Bank of Punjab, Head Office, Lahore (NBA Committee) — phone numbers provided by the Bank.
Published in Jang on Saturday, 29 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.