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Expired Tender
Closing Date:
2024-08-18
2024-08-18
Tender Overview
- Category
- Real Estate & Property
- Sector
- Goods
- Tender Type
- Goods
- Submission Method
- Physical Submission
- Source Name
- Newspaper
Location & Dates
Contact & Websites
- Contact Person
- Habib Bank Limited
- Contact Phone
- 0300-4262149
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Tender Description
Habib Bank Limited Lahore invites interested parties for the sale of a residential property located at House No. 469-A, Block N, Samanabad Scheme, Lahore. This property includes land measuring 5 Marla 155 Sqft along with the building, walls, structures, fittings, and fixtures either raised or to be raised thereon. The property is bounded by House No. 405-N to the North, a 36 ft road to the South, House No. 469-N to the West, and House No. 469/B-N to the East.
Items being procured:
- Residential property House No. 469-A Block N Samanabad Lahore land measuring 5 Marla 155 Sqft
- Building, walls, structures, fittings, and fixtures on the property
This sale is a direct disposal of a bank-owned asset. The property is situated in a prime location in Lahore, making it a valuable investment opportunity. Interested bidders should note the reserve price set at PKR 13,360,000. Earnest money in the form of a CDR amounting to PKR 100,000 is required to participate in the bidding process. The technical and financial bids will be evaluated as per bank policy.
Eligibility criteria include valid NTN and FBR registration. Experience in property acquisition or real estate dealings is advantageous but not mandatory. The sale process is governed by the bankโs terms and conditions.
The key dates are as follows: the last date for inspection is 15-07-2026, submission of bids by 17-07-2026, and the public auction will be held on 18-08-2026 at 2:00 PM. Bidders should submit their bids at the Habib Bank Limited Lahore office.
A practical tip for bidders is to conduct a thorough physical inspection of the property before submitting bids to assess the condition of the building and fixtures. This will help in making an informed offer and avoid surprises post-purchase.
