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AUCTION: Residential House Plot No. 948/2 A1 Main Street Qalandarabad Muhalla, Taluka & District Dadu

Tender No: Execution Application No.153/2021
Active Tender
Closing Date:
2026-11-13

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. The Banking Court-II Hyderabad is conducting a public auction for the sale of a residential house plot located at No. 948/2 A1 Main Street Qalandarabad Muhalla, Taluka & District Dadu. This auction is held under Execution Application No.153/2021 and Suit No. 123/2020, involving House Building Finance Company Limited as the decree holder and judgment debtors Zulfiqar Ali, Muhammad Ayoub, and Liaquat Ali. Items being auctioned: - Residential House plot No. 948/2 A1 Main Street Qalandarabad Muhalla, Taluka & District Dadu The property will be sold on an as-is-where-is basis on 13-11-2026 at 1:00 PM on the spot. The forced sale value is Rs. 1,21,24,000/- with recovery costs of Rs. 17,42,000/-. Interested bidders should note that 25% of the purchase money must be deposited immediately after declaration through Cash/Draft/Pay Order; no cheque will be accepted. The balance amount must be paid within 15 days after the auction. The sale is subject to court confirmation and the successful bidder will be responsible for all applicable taxes. The court reserves the right to cancel the auction or reject any bid. Property inspection is allowed during office hours with prior appointment. The auction is managed by Nazir Safdar Ali Baloch at Banking Court-II Hyderabad. Bidders are advised to carefully inspect the property and ensure timely payment of earnest money to avoid disqualification. The auction provides a valuable opportunity to acquire prime residential property in Dadu district at a competitive price. Contact details and submission instructions are provided below for further assistance.
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