AUCTION: Mortgage Property Sale at 137 Kanal 2 Marlas, Thok Na 370 Field, 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 Lahore High Court announces the auction of a mortgaged property located at 137 Kanal 2 Marlas, Thok Na 370 Field, Lahore. This property is registered under Plot Nos. 175/11, 12, 18 to 23, 176/7, 14, 16, 18, 23 to 25 as per register Haqdarana Zameen of village Bast Malana, Tehsil & District Lahore. The property includes a house, farmyard, land, and fixtures therein. It is currently mortgaged to Mian Textile Mills Limited as 'Property 1' under a decree by the Lahore High Court Auctioneers. The property is being sold to recover dues owed to the mortgagee. Items being auctioned: - Mortgage property at 137 Kanal 2 Marlas, Thok Na 370 Field, Lahore - Plot Nos. 175/11, 12, 18 to 23, 176/7, 14, 16, 18, 23 to 25 - House, farmyard, land, fixtures The auction will be held at the Lahore High Court premises on 14-11-2026 at 10:00 AM. The proclamation of sale was posted on 28-09-2026. The property will be sold subject to the conditions set by the Court and the decree holder bank. The auction is conducted by Court Auctioneers Muhammad Saddique and Haseeb Ahsan Javed. Interested bidders must note that the property is sold 'as is' and the auction is subject to the Court's terms and conditions. The highest bidder will be declared the purchaser, subject to Court approval. Earnest money and bid security details are governed by the Court's rules. Bidders should ensure they meet all legal and financial requirements before participating. A practical tip for bidders: Carefully review the auction terms and conditions published by the Court Auctioneers and ensure timely presence at the auction venue with all required documentation and earnest money to avoid disqualification. Early inspection of the property and legal consultation is advisable to understand the scope and liabilities. This auction provides a unique opportunity to acquire a large-scale property in Lahore through a transparent judicial process.