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AUCTION: Court Auction of Flat No. GF-1148, Centaurus Mall Islamabad

Active Tender
Closing Date:
2026-09-19

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 Court of Mr. Saeib Akhtar Sahib Civil Judge (West) Islamabad is conducting a court auction for the property Flat No. GF-1148 located in Centaurus Mall Islamabad. The auction proceedings are scheduled for Saturday, 19-09-2026 at 11:30 PM on site. Items being auctioned: - Flat No. GF-1148, Centaurus Mall Islamabad The reserve price for the property is set at Rs. 48,000,000 (Rupees Forty-Eight Million Only). The highest bidder will be declared the successful bidder. Bidders are required to deposit 25% of the reserve price immediately through pay order or cheque in the name of the court at the auction site. The remaining bid amount must be deposited within 15 days at the court. Failure to deposit the remaining amount will result in the forfeiture of 25% of the auction amount in favor of the state. The court auctioneer reserves the right to accept, reject, or postpone the auction proceedings without assigning any reason. Confirmation of the auction is subject to approval by the learned court. Any other conditions will be explained on the spot. Interested bidders should prepare the required earnest money and ensure timely presence at the auction site. It is advisable to verify all property details and terms before bidding to avoid any complications. Contact for further information is Advocate Tayyab Malik, High Court, reachable at phone number 0341-7171786. Bidders should ensure compliance with all auction terms and prepare the necessary financial instruments in advance to facilitate smooth participation.
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