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Public Auction of Mortgaged Properties — Sale under Section 15 (Recovery of Finances) Ordinance, 2001

Public Auction of Mortgaged Properties · Lahore · Nawa-i-Waqt,

Notice advertisement published in Nawa-i-Waqt on Wednesday, 7 October 2026, listed under Lahore, Pakistan. The last date printed on the advertisement was Monday, 26 January 2026 and has passed.

Newspaper clipping: Public Auction of Mortgaged Properties — Sale under Section 15 (Recovery of Finances) Ordinance, 2001, Nawa-i-Waqt, 07 Oct 2026 Open the full-size clipping
Original clipping · Nawa-i-Waqt · 07 Oct 2026 · tap to zoom

Advertisement details

This is a public auction by the mortgagee under Section 15 of the Financial Institutions (Recovery of Finances) Ordinance, 2001 of mortgaged property. For information and queries contact: 042-36622457-58.

Outstanding/cost of funds (as of 14.11.2025): Rs. 35,449,300.

Lot Reserve Price (PKR) Notes
1 22,571,325 Mortgaged property offered at stated reserve price.
2 2,524,500 Second mortgaged property / separate lot.

Auction schedule:

Auction date 2026-01-26
Bid/registration time By 11:00 AM on auction date
Auction start time 12:30 PM

Terms and conditions apply. Interested parties should contact the mortgagee at the number above for complete sale terms, deposit requirements, property inspection arrangements and payment procedures.

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.

Nawa-i-Waqt · 07 Oct 2026
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