Notices Closed 05 Oct 2006
Banking Court-III Karachi Public Auction: Residential Property in Gulistan-e-Jauhar
Nazir, Banking Court-III, Karachi (By order: Muhammad Hassan) · Karachi · The News International,
Notice advertisement published in The News International on Thursday, 27 August 2026, listed under Karachi. Issued by Nazir, Banking Court-III, Karachi (By order: Muhammad Hassan). The last date printed on the advertisement was Thursday, 5 October 2006 and has passed.
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Issuer: Banking Court-III, Karachi (Before: Mrs. Naushaba Kazi). Notice issued by Nazir (Muhammad Hassan) for sale of mortgaged property to satisfy a decree obtained by House Building Finance Company Limited.
Purpose: Public auction to recover decree amount and court-ordered costs. Decree amount: Rs. 413,601/-.
| Property | Plot No. C-28, Block C-6, 3rd Floor, Rubia City; Sub-plot No. C-4, Block 18, Scheme No. 36, Gulistan-e-Jauhar, Karachi (admeasuring 111.11 square yards) |
|---|---|
| Judgment Debtor | Sabra Najam (D/o Najam ul Hassan) |
| Market Value | Rs. 4,000,000/- |
| Forced Sale Value | Rs. 3,400,000/- |
| Auction Date & Time | 2006-10-05 at 01:00 PM |
| Venue | Banking Court-III, Karachi |
Key terms:
- Property sold on an "as is where is" basis by public auction in Court.
- Successful highest bidder must immediately deposit 25% of the bid amount by pay order in the name of the Judge, Banking Court, and provide a photocopy of CNIC.
- Balance of the bid amount must be paid by the successful bidder before the Court within 15 days from the date of auction.
- If the purchaser fails to pay the balance within 15 days, the deposit paid shall be forfeited as per the Court's terms.
- All government taxes and dues are to be borne by the auction purchaser.
- The Court reserves the right to cancel the auction or accept/reject any bid.
Contact/Authority: Nazir, Banking Court-III, Karachi (By order: Muhammad Hassan).
Published in The News International on Thursday, 27 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- The advertisement prints Thursday, 5 October 2006. That date has passed.
- Which newspaper published this notice?
- The News International, in the edition of Thursday, 27 August 2026.
- Which city is this notice for?
- Karachi — the location listed for this advertisement.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
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