Notices Closed 28 Aug 2026
Public Auction — Residential Property (Plot No.180, Sector-11, Madina Colony, Orangi Town, Karachi) by Banking Court No.1
Public Auction · Karachi · The News International,
Notice advertisement published in The News International on Wednesday, 26 August 2026, listed under Karachi. The last date printed on the advertisement was Friday, 28 August 2026 and has passed.
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Issuer: Banking Court No. 1, Karachi (Before: Mr. Muhammad Saad Qureshi, Judge). Public auction of a mortgaged residential property to satisfy a decree in Execution No. 02 of 2022 (Suit No. 661 of 2018).
Auction date & time: 28 August 2026 at 01:00 PM. Venue: at the mortgaged property (on-site).
Sale subject to confirmation by the Court. The Court reserves the right to cancel the auction or decline any bid.
| Property | Details |
|---|---|
| Type | Residential |
| Property No. / Sheet | Residential Property No. 180, Sheet No. 1 |
| Sector / Colony | Sector-11, Madina Colony, Orangi Town, Karachi |
| Area | Admeasuring 120 Sq. Yds. |
| Market Value | Rs. 6,780,000 |
| Forced Sale Value (FSV) | Rs. 5,424,000 |
Terms (key points):
- Property will be auctioned on an "as is where is" basis; auction to be held at the mortgaged property.
- The highest bidder/purchaser must deposit 25% of the bid amount by pay order in favour of the Judge, Banking Court No.1, Karachi, along with a photocopy of the purchaser's CNIC. Deposits must be by pay order; cheques or cash will not be accepted.
- Balance of the purchase price to be paid within 15 days from the date of the auction; failure to pay the balance within the specified period will result in forfeiture of the deposited amount.
- All government taxes, charges and dues will be paid by the auction purchaser.
Contact/Authority for information: Nazir, Banking Court No. 1, Karachi. Notice issued under order dated 25 August 2026.
Published in The News International on Wednesday, 26 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 Friday, 28 August 2026. That date has passed.
- Which newspaper published this notice?
- The News International, in the edition of Wednesday, 26 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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