Public Auction: Plot No.353, Mansoor Nagar, Orangi Town, Karachi — 11 Aug 2026

Banking Court No.1, Karachi, by order dated 2026-07-03, will sell a mortgaged property by public auction on the court's behalf to recover bank dues. The property is Plot No. 353, Sheet No. 7, Sector 11/2 (area 120 square yards), Mansoor Nagar, Orangi Township, Karachi. The notice records a market value of Rs. 1,100,400 and an FSV (forced sale value) of Rs. 935,340.

The auction will be held on 2026-08-11 at 01:00 at the property site. The highest bidder must immediately deposit 25% of the bid by pay-order in favour of Banking Court No.1, Karachi and submit a copy of their CNIC; cash or cheque will not be accepted for the 25% deposit. The remaining purchase price must be paid within 15 days of the auction during court working hours. All taxes and duties are the buyer’s responsibility. Sale is subject to final court confirmation; the court may cancel the auction or reject any bid. Ordered by Ahmad Suhail Mir, Presiding Officer, Banking Court No.1, Karachi.