Public Auction of Mortgaged Properties under Section 15 — Sale by Mortgagee (Lahore)
Public Auction of Mortgaged Properties under Section 15 · Lahore · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Wednesday, 7 October 2026, listed under Lahore, Pakistan.
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Mortgagee is offering mortgaged properties for public auction under Section 15 of the Financial Institutions (Recovery of Finances) Ordinance, 2001. Interested parties should contact the mortgagee for full terms, inspection and submission of offers.
Contact: Phone 042-36622457-58
| Item / Lot | Reserve Price (PKR) | Notes |
|---|---|---|
| Lot 1 (mortgaged property) | 22,571,325 | Reserve price shown in notice |
| Lot 2 (mortgaged property) | 2,524,500 | Reserve price shown in notice |
Total outstanding / dues referenced: PKR 35,449,300. Cost of funds is recorded up to 2025-11-14 in the notice. Prospective bidders should contact the mortgagee at the number above for inspection dates, bidding procedure, deposit requirements and exact auction schedule.
Published in Nawa-i-Waqt on Wednesday, 7 October 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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