Auction: Office Premises at Plot B-9-B/3, SITE Area Karachi — SME Bank Ltd.
Auction · Karachi · The Express Tribune,
Notice advertisement published in The Express Tribune on Thursday, 15 October 2026, listed under Karachi. The last date printed on the advertisement is Thursday, 5 November 2026.
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SME Bank Ltd. (in Official Liquidation) invites sealed bids for auction/sale of an office premises (Ground & Mezzanine Floors) located at Plot No. B-9-B/3, SITE Area, Karachi, on an "as-is where-is" basis. The sale is being undertaken by the Official Liquidator as per direction of the Islamabad High Court and is subject to the Court's confirmation.
| Issuer | Official Liquidator, SME Bank Ltd. (in Official Liquidation) |
|---|---|
| Property | Office premises (Ground & Mezzanine Floors), Plot No. B-9-B/3, SITE Area, Karachi |
| Size | 3,294 Sq. ft. |
| Sale basis | As-is where-is; subject to confirmation by Islamabad High Court |
| Bid security | Bank Draft / Pay Order of Rs. 3,000,000 in favor of "SME Bank Ltd." (must accompany bid). Pay order/draft refundable to unsuccessful bidders; retained for successful bidder. |
| Submission deadline | 2026-11-05, up to 03:30 pm |
| Bid opening | Same day; bids to be opened in presence of bidders/their representatives at 04:00 pm |
| Bid marking & contents | Submit sealed envelope marked "Bid for Auction of Karachi Property" and "Confidential". Include copy of CNIC, complete address and phone/cell number. Company bids must be signed by an authorized representative. |
| Bid validity | Bids remain valid for at least 60 days from date of opening. |
| Contact / Address for details & submission | Mr. Rashid-ul-Ghafoor, In‑Charge Service Division, SME Bank Ltd. (IOL), Head Office, 56‑F Nazimuddin Road, F‑6/1, Blue Area, Islamabad. Cell: 03335549743. |
| Terms & information | Sale governed by terms & conditions available on SME Bank website: www.smebank.org. SME Bank Ltd. (IOL) reserves the right to accept or reject any or all bids as per applicable rules. |
If successful bidder fails to comply with payment schedule as provided in the acceptance letter, SME Bank Ltd. (IOL) may invoke penalties including forfeiture of the surety/earnest money as per the terms & conditions.
Published in The Express Tribune on Thursday, 15 October 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 Thursday, 5 November 2026.
- Which newspaper published this notice?
- The Express Tribune, in the edition of Thursday, 15 October 2026.
- Which city is this notice listed under?
- Karachi. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- 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.