Court-Ordered Auction: Residential Plot 465-R, Azizabad (Federal B Area), Karachi

Banking Court No. 1, Karachi has ordered a public auction to satisfy a decree obtained by the National Bank of Pakistan against Muhammad Yaseen. The auction of the mortgaged residential property will be held on 2026-08-10 at 01:00 PM at the property location.

Property: House on Plot No. 465-R, Block No. 2, area 120 sq. yards, Azizabad (KDA Scheme No. 16), Federal B Area, Karachi. Decree amount shown: Rs. 387,063. Market value: Rs. 25,000,000; prescribed sale price (PSV): Rs. 21,250,000. The highest bidder must immediately deposit 25% of the bid in favour of Banking Court No. 1, Karachi and submit a copy of CNIC (25% by cheque or cash will not be accepted). Remaining balance payable within 15 days of the auction during court hours. Sale is subject to final court approval; all taxes and duties are the buyer’s responsibility. Order issued by the Nazir, Banking Court No. 1, Karachi on 2026-07-03.