Public Auction: Residential Property Plot 465-R, Block 2, Azizabad (KDA Scheme No.16), Karachi

Issuer: Banking Court No.1, Karachi on behalf of National Bank of Pakistan. A mortgaged residential property (Plot No. 465-R, Block No.2, Azizabad, KDA Scheme No.16, FB Area, Karachi) will be sold by public auction under Execution No.155 / Suit No.640 (2016) to recover a decree amount of Rs. 387,063 plus judicial costs and accrued charges.

Auction details: The sale will be held at the property on 2026-08-10 at 01:00 PM. Market value is stated as Rs. 25,000,000 with a presumptive sale value (PSV) of Rs. 21,250,000. The highest bidder must immediately deposit 25% of the bid (25% will not be accepted in cheque or cash) and submit a copy of their CNIC. The balance must be paid by the buyer within 15 days of the auction during court hours. Sale is subject to final approval of the court; the court reserves the right to cancel or refuse any bid.