Public Auction Notice for Mortgaged Properties
Public Auction Notice for Mortgaged Properties · Karachi · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Friday, 9 October 2026, listed under Karachi.
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A public auction is announced for the sale of multiple mortgaged properties to recover outstanding dues. Interested bidders must comply with the auction terms, provide the required security deposit, and attend the auction at the specified time and place.
Key terms:
| Term | Details |
|---|---|
| Purpose | Sale of mortgaged properties to recover outstanding loan/dues |
| Security deposit | 25% of the bid amount (earnest money) |
| Auction time | 01:00 PM |
| Payment/conditions | Bidders must deposit required earnest money and follow auction conditions as stated by the creditor. |
Properties and reserve prices (as listed):
| Property | Reserve Price (PKR) |
|---|---|
| Property 1 (area stated: 425.07) | 30,745,000 |
| Property 2 | 11,500,000 |
| Property 3 | 10,350,000 |
| Property 4 | 41,095,200 |
| Property 5 | 45,661,000 |
| Additional listed amounts | 34,161,000; 20,346,899; others as detailed in the notice |
Prospective bidders should review the full auction terms, required documentation, and payment procedures before attending. The auction will be conducted under the stated conditions and applicable recovery procedures.
Published in Nawa-i-Waqt on Friday, 9 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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