This auction notice from SME Bank Limited (In official liquidation) invites sealed bids for the sale of office premises located at Plot No. B-9-B/3, Site Area, Karachi. The property covers a total area of 3294 sq. ft, including a ground floor of 1847 sq. ft and a mezzanine floor of 1447 sq. ft. The auction is conducted under the sanction of the Hon'ble Islamabad High Court as part of the bank's winding-up process. Interested parties must submit their bids on or before the deadline of 26 March 2026 by 3:30 pm, with bid opening scheduled at 4:00 pm the same day. The premises are offered on an 'as is where is' basis, including existing infrastructure such as water, electricity, roads, and sewerage. The auction process requires bidders to submit a refundable earnest money deposit of PKR 2.5 million via bank draft or pay order in favor of SME Bank Ltd. The successful bidder must pay 25% of the total bid amount within 15 days of bid acceptance, followed by 50% within 45 days, and the remaining balance upon possession transfer within 90 days. The bank will facilitate the transfer of ownership and possession after full payment. Failure to comply with payment schedules will result in penalties including forfeiture of earnest money and cancellation of the bid. Bidders should ensure they meet all eligibility criteria, including being Pakistani nationals or registered companies/societies. The tender requires careful attention to legal and financial compliance, including PEC category and FBR/ATL status, which bidders should verify before participation. The bank reserves the right to reject any or all bids as per PPRA rules. Submission must be made in a sealed envelope marked 'Bid for Auction of Office Premises Karachi' and include CNIC copies, contact details, and authorization documents if bidding on behalf of others. The physical submission address is SME Bank HO, 56-F, Nazimuddin Road, F-6/1, Blue Area, Islamabad. Bids can be submitted by hand or post before the deadline. Pro-Tip: Make sure to double-check the earnest money pay order details and ensure all authorization documents are properly attested and included. Missing or incorrect documentation is a common cause for bid rejection in such auctions.