AUCTION: Double Storey Building Property No. XXXVI-18/A-119/B, 1 Kanal 01 Marlas, Map Park Rehman Pura Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Bank of Punjab is conducting a public auction for a valuable property located in Lahore. This auction is being held under the orders of the Honourable Judge, Banking Court No. 3, Lahore. The property consists of a double storey building, specifically Property No. XXXVI-18/A-119/B, situated at opposite Block B, Map Park Rehman Pura, Lahore. The total area measures 1 kanal 01 marlas, with clear boundaries: east property owned by others, west street 25 feet, north housing others, and south house owned by Zia Ul Islam. Items being auctioned: - Double Storey Building, Property No. XXXVI-18/A-119/B, 1 Kanal 01 Marlas, Map Park Rehman Pura, Lahore (Reserve Price: Rs. 83,010,000) The technical details highlight that the property is free from protest and future construction issues, making it an attractive investment for interested buyers. The auction will be held on 26-10-2026 at 11:00 AM at the Court Auctioneer Office, 1 Ferozepur Road, Lahore. Interested parties must deposit earnest money as per the details provided in the notice, with the highest bid starting from the reserve price of Rs. 83,010,000. All participants are required to bring valid CNICs and proof of deposit for earnest money. The auction process will be transparent, and the successful bidder will be required to pay the remaining amount within the stipulated time frame. A practical tip for bidders: Ensure you inspect the property in person before the auction date and verify all legal documents with the court auctioneer to avoid any post-auction complications. Timely submission of earnest money and required documents will enhance your chances of successful participation.