Banking Court No.1 Karachi Public Auction: Plot No.353, Mansoor Nagar, Orangi (2026-08-11)

The Banking Court No.1, Karachi has ordered a public auction of a seized immovable property (Execution No.19) to recover a decree amount of Rs.499,000 plus judicial costs. The property is described as Plot No.353, Sheet No.7, area 120 square yards, Mansoor Nagar, Orangi Township, Karachi. Market value is stated as Rs.1,100,400 with FSV Rs.935,340.

The auction will be held at the property location on 2026-08-11 at 01:00. The highest bidder must immediately deposit 25% of the bid by pay order in favor of Banking Court No.1, Karachi and submit a copy of their CNIC (25% in cash or cheque will not be accepted). The balance must be paid within 15 days of the auction during court hours. All taxes and duties are the buyer’s responsibility; sale is subject to the court’s final approval. (Order dated 2026-07-03.)