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AUCTION: Bank Alfalah Mortgaged Properties in Sargodha, Jhang, Lahore and Rawalpindi

Active Tender
Closing Date:
2026-08-17

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. Bank Alfalah Limited has announced a public auction of mortgaged or otherwise secured properties connected with its recovery proceedings. The notice identifies properties located primarily in Sargodha, with additional entries in Jhang, Lahore and Rawalpindi. The auction is scheduled for **17 August 2026 at 11:00 AM**. The first listed location is in the Sargodha area, therefore Sargodha is treated as the primary city for this notice. Mandatory lot and property list: Lot 1 is a property associated with the Dhok or Chak area, Tehsil and District Sargodha. Lot 2 is another property identified through a post-office and tehsil location in District Sargodha. Lot 3 is property at Chak No. 16 NB, within the relevant post-office and tehsil jurisdiction of Sargodha. Lot 4 is a property identified through a post-office location in Tehsil Jhang. Lot 5 is a house or property at Model Town, Lahore, bearing property or house number L-148/54. Lot 6 is a property associated with a housing or residential locality in the Rawalpindi area. The printed table also references the relevant bank branches and property holders or account parties for each entry. The technical scope is the inspection, verification and purchase of the listed immovable properties on an as-is-where-is basis, subject to the bank's auction terms, title documents, encumbrances, possession status and applicable Pakistani law. Reserve prices, earnest-money amounts, bid security, CDR or pay-order requirements, and ATL or tax-status conditions are not legible or stated in the supplied clipping; bidders must obtain the complete terms before bidding. Bids or offers are to be presented at the Bank Alfalah Building, Awan-e-Sanat-o-Tijarat Road, G-8/4, Islamabad. Contact the bank before attending to confirm deposit requirements, inspection arrangements, ownership documentation and payment deadlines. A practical tip is to conduct an independent title search and physical inspection, and carry verified identification and payment instruments on auction day.
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