Notices Closes 09 Nov 2026
Public Auction: Residential House No.109, Ravi Block, Green Forts 2 — Dubai Islamic Bank, Lahore
Notice advertisement published in Jang on Thursday, 22 October 2026, listed under Lahore. The last date printed on the advertisement is Monday, 9 November 2026.
The original image is temporarily unavailable. Use the source link or the details below. Open the full-size clipping Advertisement details
Dubai Islamic Bank (Pakistan) Limited invites public bids for a mortgaged residential property to recover outstanding finance under Section 15 of the Financial Institutions (Recovery of Finance) Ordinance, 2001.
| Mortgagee | Dubai Islamic Bank (Pakistan) Limited (SAM Department, 70-Z, DHA Phase-3, Lahore) |
|---|---|
| Mortgagors | Ms. Artema Medical (through authorised officers/partners) and Mr. Daniyal Arif S/O Muhammad Arif Sheikh (Ravi Block, Green Forts II, Canal Road, Lahore) |
| Property | Residential land & building, House No. 109, measuring 4 Kanals & 11 Sq. ft., Ravi Block, Green Forts 2, Farm Housing Scheme, Lahore |
| Outstanding amount (as of 2026-01-31) | PKR 209,817,931.73 |
| Reserve Price | PKR 126,743,670/- |
| Auction Date & Time | 2026-11-09 at 11:30 AM |
| Place of Auction | SAM Department, Dubai Islamic Bank, 70-Z, DHA Phase-3, Lahore |
| Earnest Money / Deposit | All bidders must deposit PKR 500,000 as earnest money (cash or pay-order) with a copy of CNIC prior to bidding. Successful bidder to pay 20% of bid on the spot; balance payable within 15 days. |
Other terms and conditions apply, including adjustment of deposits against purchase price and compliance with auction procedures. For details and to obtain information, contact the SAM Department of Dubai Islamic Bank (Pakistan) Limited at 70-Z, DHA Phase-3, Lahore.
Contacts:
Mr. Fawaz Ghafoor (Regional Head SAM) — Mob: 0300-4286665
Mr. Javed Shahzad (AVP SAM) — Cell: 0333-4466807
Helpline / Corporate: 111-786-342 | Website: dibpak.com
Published in Jang on Thursday, 22 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 Monday, 9 November 2026.
- Which newspaper published this notice?
- Jang, in the edition of Thursday, 22 October 2026.
- Which city is this notice listed under?
- Lahore. 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 supplied source link may lead to a newspaper page or image; it is not necessarily an application portal. Applications are not submitted through this page.
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