AUCTION: Plot No. 242, Block No.B, 19.8 Marlas, Johar Town Lahore

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Lahore Development Authority (LDA) invites interested parties to participate in the open auction of a prime residential plot located in Johar Town, Lahore. The property on offer is Plot No. 242, Block No.B, measuring 19.8 marlas, situated in a highly sought-after area of the city. This auction is being conducted under the supervision of the Honourable Judge, Banking Court No.3, Lahore, as per the directions in case 143/2007. Items being auctioned: - Plot No. 242, Block No.B, 19.8 Marlas, Johar Town, Lahore (Reserve Price: Rs. 27,673,330) The plot is free from encumbrances and is being auctioned on an as-is-where-is basis. The reserve price for the property is set at Rs. 27,673,330. Interested bidders must deposit earnest money of Rs. 200,000 in the form of pay order or demand draft before participating in the auction. The auction will be held on 30-11-2026 at 01:00 PM at the designated venue. Detailed payment schedule and outstanding dues are provided in the notice, including principal, markup, and other charges. The successful bidder will be required to pay the bid amount as per the terms and conditions outlined by LDA and the court. Eligibility is open to all Pakistani nationals and entities who fulfill the earnest money requirement and comply with the auction terms. Bidders are advised to inspect the property and verify all details before the auction date. For further information, contact the undersigned at the provided phone number. Tip: Arrive early on auction day to complete registration and review the property file, as this can give you a strategic advantage in the bidding process.