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AUCTION: 5 Marla House No. 49-B Green Avenue Housing Scheme Airport Road Lahore with All Constructions and Fixtures

Tender No: 116/10/2003
Active Tender
Closing Date:
2026-10-19

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Ejazat Jaat Judge Banking Court No. 1 Lahore is conducting an open auction for a valuable residential property located at House No. 49-B, Green Avenue Housing Scheme, Air Port Road, Lahore. This property, measuring 5 Marlas, is being auctioned along with all present and future constructions, fixtures, and fittings. The property is owned by Judge Merit No. 5 (Arif Mahmood) and is being offered as per the court's directives. Items being auctioned: - 5 Marla House No. 49-B, Green Avenue Housing Scheme, Air Port Road, Lahore Cantt, with all present and future constructions, fixtures, and fittings The technical details specify that the property is a fully constructed residential house, including all existing and future improvements. The auction will be held at the premises of the Banking Court No. 1, Lahore. The reserve price for the property has been set at Rs. 6,480,000. Interested bidders must deposit earnest money of Rs. 1,457,000 prior to the auction date. The successful bidder will be required to pay the remaining amount as per the court's instructions. Eligibility criteria include submission of valid CNIC, proof of deposit of earnest money, and compliance with the auction terms and conditions as outlined by the court. The auction is scheduled for 19-10-2026 at 2:00 PM. All bids must be submitted in person at the court premises before the auction time. For further details, contact the office of the Banking Court No. 1, Lahore. A practical tip for bidders: Ensure that you inspect the property in person and verify all legal documents before participating in the auction. This will help you make an informed decision and avoid any post-auction complications.
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