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AUCTION: Commercial Shop and Plots at City Centre, Mauza Jhugan Nagra, and Mozang Lahore

Expired Tender
Closing Date:
2026-10-26

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. Banking Court II Lahore is conducting an open auction for the sale of commercial property and plots in Lahore, as part of recovery proceedings against judgement debtors. The auction will be held at the court premises, and interested parties are invited to participate as per the schedule and terms outlined in the notice. Items being auctioned: - 220 Sqft Commercial shop situated at City Centre, Shahra e Quaide Azam Mail Road, Lahore - Plot measuring 1 kanal 13 marlas, situated at Mauza Jhugan Nagra, Lahore owned by Mr. Imran Ameen now judgement debtor No. 2 - Plot measuring 1 kanal 13 marlas, situated at Mauza Jhugan Nagra, Lahore owned by Mr. Muhammad Adnan now judgement debtor No. 3 - Property land / commercial shops at ground floor, flat at first floor, bearing 6 marlas 81 sqft, Khasra No. 777/0776/71 situated at Street No. 1, 21 Fateh Sher Road, New Mozang (near mutton market) Hadbast Mauza Mozang, Tehsil & Disst Lahore Each property is listed with its respective reserve price and details. The total reserve price for all properties is **PKR 1,51,78,203.23**. Earnest money and bid security requirements are specified for each lot, and successful bidders must deposit the required amount as per the auction rules. The auction is open to all eligible individuals and entities, subject to compliance with the terms and conditions set by the court. The auction schedule is as follows: publication date **23-09-2026**, inspection date **25-09-2026**, and auction date **26-10-2026**. Bidders must ensure timely submission of earnest money and required documents before the auction date. The auction will be conducted at the premises of Banking Court II Lahore. A practical tip for interested bidders: Carefully review the property documents and visit the sites before the auction date to verify the physical condition and legal status of each property. This will help you make an informed decision and avoid any post-auction complications.
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