AUCTION: Bank Al Habib Limited Branch Property at Multan Road Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. This public auction notice is issued under the orders of the Honourable Family Court Lahore for the sale of immovable property belonging to Bank Al Habib Limited, located at Multan Road, Lahore. The auction is being conducted to recover a decree amounting to Rs. 358,549,316 (Three Hundred Fifty-Eight Million, Five Hundred Forty-Nine Thousand, Three Hundred Sixteen Rupees) as per the court's directive. The auction will take place at the premises of the Family Court, Lahore, on 10 December 2026 at 10:00 AM. Items being auctioned: - Complete immovable property of Bank Al Habib Limited, Multan Road Branch, Lahore (details as per execution case 07/17, property numbers 1338/4142, 70/72, 207, 50/11, etc.) The property includes all rights, title, and interest as described in the execution file. The auction will be held on an as-is-where-is basis, and the successful bidder will be required to deposit earnest money of Rs. 1,500,000 (Fifteen Lac Rupees) at the time of auction. The remaining amount must be paid within the stipulated period as per court instructions. The auction is open to all eligible Pakistani citizens and entities, except those barred by law. Interested parties must ensure they have valid CNIC and proof of funds. The auction terms require the successful bidder to bear all transfer and registration charges. The court reserves the right to accept or reject any bid without assigning any reason. Bidders are advised to inspect the property and verify all legal and physical aspects before participating. The auction will be conducted in the presence of the court auctioneer and relevant officials. For further details, contact the office of the Additional Family Court, Lahore. A practical tip: bring your original CNIC and a pay order for the earnest money to avoid delays during registration on auction day.