AUCTION: Sale of Property at 43-C, Al-Murtaza Commercial Lane 4, Ph VIII, DHA Karachi

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Faysal Bank Limited invites sealed bids for the sale of its property located at 43-C, Al-Murtaza Commercial Lane 4, Phase VIII, DHA Karachi. The property will be sold on an 'as is where is' basis. Interested bidders must submit their sealed bids by the **Bid Submission Date** of **November 6, 2026**. Items being auctioned: - Property at 43-C, Al-Murtaza Commercial Lane 4, Phase VIII, DHA Karachi Bids must be accompanied by a pay order or demand draft in favor of Faysal Bank Limited for 10% of the offered price as bid money. Attested copies of CNIC or NTN number must be included. Bids remain valid for 60 days. Successful bidders will be notified in writing and unsuccessful bidders will have their bid money refunded within 60 days. The successful bidder must deposit an additional 15% of the offered price as earnest money and sign a sale agreement within 10 days of bid acceptance. The balance purchase price must be paid within 30 days of signing the sale agreement via pay order or demand draft. Failure to sign the agreement within the stipulated time will result in forfeiture of the bid amount. All expenses including registration charges, stamp duty, department charges, and applicable taxes under section 236 A of the Income Tax Ordinance, 2001, along with legal fees for deed preparation and transfer, shall be borne by the successful bidder. Bids must be submitted to HEAD - CRES, Faysal House, ST-02, Shahra-e-Faisal, Karachi. For further information or to arrange a visit to the property, please contact 021-32795537 or 111-747-747 Ext. 5537. Bidders are advised to carefully review all terms and conditions and ensure timely submission of bids with complete documentation to avoid disqualification.