HBFC Public Auction – Sale of Repossessed Properties under Section 15 (Recovery of Finances Ordinance, 2001)

House Building Finance Company Limited (HBFC) issues a public notice for the auction/sale of mortgaged/repossessed properties under Section 15 of the Financial Institutions (Recovery of Finances) Ordinance, 2001. The sale is being conducted through public auctions at HBFC branch locations.

Key information:

• Issuer: House Building Finance Company Limited (HBFC).
• Purpose: Public auction / sale of properties recovered under Section 15 of the Financial Institutions (Recovery of Finances) Ordinance, 2001.
• Locations: Properties listed for sale are located in multiple cities (notice includes entries for Hyderabad and Faisalabad among others).
• Auction schedule: Individual auction dates and times are shown in the branch schedules; auctions in the notice begin at 11:00 AM for listed lots.
• How to participate: Interested bidders should obtain the full property lists, terms & conditions, bid security and inspection details from the relevant HBFC branch or the company website prior to bidding.
• Additional information and branch contact details are published with the notice; the HBFC website is provided: www.hbfc.com.pk.

For exact property descriptions, auction dates, required earnest money/bi d security amounts, inspection times and branch-specific procedures, contact the HBFC branch shown in the official notice or visit HBFC’s website to obtain the complete terms and conditions and bid forms.