AUCTION: Immovable and Moveable Properties Sale by Lahore High Court

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Lahore High Court announces a public auction for the sale of immovable and moveable properties mortgaged to Faysal Bank Limited as Decree Holder. The auction is pursuant to Execution Petition No. 29016-B/2017 and C.O.S No. 39/2015. The properties are located in various areas of Lahore and Rahim Yar Khan and include land, buildings, fittings, fixtures, plant, machinery, and pledged assets. Items being auctioned: - Property A: Land measuring 114 Kanals in Khawat No. 2/2, Khatoon No. 2 to 5, Sultan Khosa, 2280/64091, 3940 Kanal 11 Marlas in Chak No. 32/P, Tehsil Khan Pur, District Rahim Yar Khan - Property B: Land measuring 592 Kanals 16 Marlas in Khawat No. 2/2, Khatoon No. 2 to 5, Qatil 435, Sultan Khosa, 11856/64091, 3204 Kanal 11 Marlas in Chak No. 32/P, Tehsil Khan Pur, District Rahim Yar Khan - Property C: Land measuring 24 Kanals in Khawat No. 39/37, Khatoon No. 120-125, Chak No. 25, 450/400 share transferred out of total land measuring 200 Kanals in Chak No. 78/P, Tehsil S, District Rahim Yar Khan - Property D: Land measuring 14 Marlas in Khawat No. 28/25, Khatoon Nos. 109-109, 027-44, 11452/64052 transferred out of total land measuring 31 Kanals 02 Marlas in Chak No. 78/P, Tehsil S, District Rahim Yar Khan The auction will be held on 26-11-2026 at the site with Property A & B auction starting at 12:00 PM and Property C & D auction starting at 03:00 PM. Proclamation of sale will be pasted at court premises and site on 15-10-2026 and 22-10-2026 respectively. The reserved prices are Rs. 300 Million for Property A & B and Rs. 42 Million for Property C & D. Prospective bidders must deposit Rs. 100,000 as earnest money before participating. The highest bidder will be declared the purchaser subject to court approval. Payment must be made promptly to avoid cancellation. This auction offers a rare opportunity to acquire valuable properties with clear legal backing from the Lahore High Court. Interested bidders should carefully review the terms and conditions, ensure timely deposit of earnest money, and attend the auction at the specified times. The auctioneer's contact details are provided for any queries. A practical tip for bidders: Ensure your earnest money deposit is made well before the auction date to avoid disqualification and prepare all required documentation to expedite the purchase process if you win.