Banking Court-111 Karachi Auction: Flat No. 416, Adil Complex, Federal B Area
Banking Court-111 Karachi Auction · Karachi · Daily Kawish,
Notice advertisement published in Daily Kawish on Wednesday, 26 August 2026, listed under Karachi. Issued by Banking Court-111 Karachi Auction. The last date printed on the advertisement was Wednesday, 30 September 2026 and has passed.
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Issuer: Presiding Officer Muhammad Hasan, Banking Court-111, Karachi. Execution No. 78 of 2022; Suit No. 79 of 2019. Plaintiff/mortgagee: House Building Finance Company Limited, University Road, Gulshan‑e‑Iqbal, Karachi. Judgment‑debtor/owner: Nabi Bakhsh Iqbal s/o Nato Khan.
A public auction of the following immovable property will be held by Banking Court‑111, Karachi:
| Property | Details |
|---|---|
| Flat / Unit | Flat No. 416, Fourth Floor, Block‑7, Adil Complex |
| Locality | Federal B Area, KDA Scheme No. 16, Karachi |
| Area | 103.44 square yards (as stated) |
| Market Value | 6,051,240 Rupees |
| Forced Sale Value | 4,840,992 Rupees |
Auction date & time: 2026-09-30 at 1:00 PM at Banking Court‑111, Karachi.
Key conditions (as stated):
- The sale is subject to confirmation by the Court.
- At the time of auction the successful bidder must deposit 25% of the bid amount (earnest money) by pay order/bank instrument and produce valid identification (CNIC) as required by the Court.
- The remaining bid amount must be paid within 15 days of the auction; failure to pay will result in forfeiture of the deposited amount and recovery measures as per Court order.
- All government, municipal and other dues/charges payable in respect of the property will be borne by the purchaser.
Interested parties should attend the auction at the stated time and venue with required identification and means to pay the earnest deposit. For further particulars refer to Banking Court‑111, Karachi.
Published in Daily Kawish on Wednesday, 26 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.