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AUCTION: Apna Bank Limited Foreclosed Properties (Residential and Commercial) Across Multiple Cities October 2026

Tender No: N/A
Active Tender
Closing Date:
2026-10-10

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. Apna Bank Limited invites interested parties to participate in the open auction of foreclosed residential and commercial properties located in various cities across Pakistan. This auction presents an opportunity for individuals and investors to acquire properties that have been repossessed by the bank due to defaulted loans. The auction will be conducted as per the schedule and terms outlined by Apna Bank Limited, with all properties available for inspection prior to the auction date. Items being auctioned: - Residential plot, 3.6 marla, Lahore, Account 131774, Reserve Price: 300M - Commercial plot, 8 marla, Multan, Account 228232, Reserve Price: 300M - Residential house, 6 marla, Faisalabad, Account 220362, Reserve Price: 300M - Commercial shop, 7 marla, Gujranwala, Account 256228, Reserve Price: 300M - Residential plot, 13 marla, Sialkot, Account 475828, Reserve Price: 300M - Commercial plot, 14.2 marla, Rawalpindi, Account 519777, Reserve Price: 300M - Residential house, 4.7 marla, Bahawalpur, Account 172093, Reserve Price: 300M - Multiple other properties in Karachi, Hyderabad, Peshawar, Quetta, and other cities, with details such as account numbers, plot sizes, and reserve prices listed in the notice. Each property is listed with its account number, size (in marla), city, and reserve price. Interested bidders must review the full list in the notice for specific details on each lot. The technical scope includes the transfer of ownership to successful bidders upon completion of payment and fulfillment of all legal formalities. Properties are auctioned on an as-is-where-is basis, and bidders are encouraged to physically inspect the properties before participating. Eligibility requires submission of earnest money (as specified for each property), valid CNIC, and compliance with all terms and conditions set by Apna Bank Limited. Bidders must not be defaulters of any financial institution and should provide proof of funds. The last date for submission of bids is 10 October 2026. Bids must be submitted in sealed envelopes at the designated branch office of Apna Bank Limited in Lahore. The auction will be conducted in the presence of authorized bank officials. A practical tip: Visit the properties in person and verify all documentation with the bank before bidding to avoid any post-auction complications. Ensure your earnest money pay order is prepared in advance to avoid last-minute issues.
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