Public Auction of Mortgaged Property in Johar Town, Lahore — The Bank of Punjab
Public Auction of Mortgaged Property in Johar Town, Lahore · Lahore · The Nation,
Notice advertisement published in The Nation on Thursday, 10 September 2026, listed under Lahore.
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Issuer: The Bank of Punjab. Purpose: Public auction of mortgaged property to recover outstanding mortgage dues from the mortgagor.
Mortgagor: Mr. Karamat Ali S/O Niaz Ahmed, resident of House No.507, Block-B-3, Johar Town, Lahore.
| Key details | Information |
|---|---|
| Outstanding amount (as stated) | Rs. 140,050,511/- (amount shown as outstanding up to June, 2025) |
| Mortgaged property | Residential property in Johar Town, Lahore (property particulars given in the notice) |
| Auction organiser | The Bank of Punjab (recovery proceeding under Financial Institutions (Recovery of Finance) Ordinance, 2001) |
The notice includes the scheduled publication/fixation of proclamation, auction schedule and terms & conditions for participation (earnest money/deposit and payment terms, verification of title, and other standard auction conditions). Interested parties should contact The Bank of Punjab branch or the auction office named in the notice for full particulars, exact auction date/time, earnest money requirements and inspection arrangements.
Published in The Nation on Thursday, 10 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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