Correction Notice: Auction of Recovery Rights for House Building Finance Company Limited Properties

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. This is a correction notice issued by House Building Finance Company Limited regarding the auction of recovery rights for certain properties. The original notice was published in Daily Tender Alert on 08 November 2026, and this corrigendum clarifies the correct details for interested parties. The auction pertains to the recovery rights of properties under the jurisdiction of HBFC, specifically in the Rawalpindi region. The correct tender number is 306385, and all previous errors in the published notice are hereby rectified. Items being auctioned: - Recovery rights for mortgaged properties under House Building Finance Company Limited, Rawalpindi region (specific property list not provided in the notice) The technical scope involves the auction of recovery rights, which allows the successful bidder to recover outstanding dues from the mortgaged properties as per HBFC's terms and conditions. Interested parties must ensure compliance with all eligibility requirements, including submission of earnest money and adherence to the auction process as outlined by HBFC. The auction will be conducted at the HBFC office in Rawalpindi, and all bids must be submitted before the closing date of 13 November 2026. Bidders are advised to carefully review the terms and conditions, as well as to contact the designated officials for any clarifications. For this auction, it is crucial to verify the legal status of the properties and ensure all documentation is in order before participating. A practical tip: Always visit the HBFC office in person to confirm the latest updates and avoid missing any critical information regarding the auction process.