Auction and Sale of Commercial Office No. 4 in DHA Karachi

SME Leasing Limited invites sealed bids for the auction and sale of a commercial office located in DHA Karachi. The office premises is Office No. 4, measuring 900 square feet, situated on the 4th Floor, Plot No. 71-C/II, 21 Commercial Street, Phase II Extension, DHA, Karachi. This procurement is managed by SME Leasing Limited, a licensed Non-Banking Finance Company, with its registered office in Islamabad but the property and auction are based in Karachi. Items being procured: - Commercial Office No. 4 - Area: 900 square feet - Location: 4th Floor, Plot No. 71-C/II, 21 Commercial Street, Phase II Ext, DHA, Karachi The auction is conducted on an as-is-where-is basis. The property ownership and possession rest with SME Leasing Limited, which acquired it through a registered Indenture of Sub-Lease. The successful bidder will receive possession and execution of the sale deed or sub-lease after full payment. The auction is open to all Pakistani nationals and registered companies or societies. Bidders must submit a sealed bid along with a refundable earnest money of Rs. 400,000 in the form of a bank draft or pay order in favor of SME Leasing Ltd. The bid must include a copy of CNIC and contact details. The bid submission deadline is 17 August 2026 by 03:30 pm, with bid opening at 04:00 pm on the same day. The payment schedule requires the successful bidder to pay 50% of the bid amount within 15 days of bid acceptance, adjusted against the earnest money, followed by the remaining balance within 45 days at the time of sale deed execution and possession. Failure to pay on time will result in forfeiture of earnest money and possible fines. All transfer costs, taxes, and legal fees are the responsibility of the purchaser. SME Leasing Ltd will provide necessary NOCs for utility transfers. Eligibility requires bidders to verify the property status and location before bidding. The auction process demands strict adherence to submission guidelines, including authorized signatures and power of attorney if bidding on behalf of others. The bid remains valid for 90 days. SME Leasing Ltd reserves the right to reject any or all bids as per PPRA rules. A practical tip for bidders: Ensure your earnest money pay order/draft is correctly prepared and submitted with your bid, as any bid without this will be rejected outright. Also, visit the property beforehand to satisfy yourself about its condition and location to avoid any post-bid disputes. This opportunity is ideal for investors or businesses seeking commercial space in a prime Karachi location with transparent auction terms and clear payment schedules.