Banking Court Lahore Auction of 3-Marla Plot in Mouza Julkey on 10 December 2026
Notice advertisement published in Dunya on Friday, 6 November 2026, listed under Lahore. The last date printed on the advertisement is Thursday, 10 December 2026.
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Banking Court No. 3, Lahore, announces a public auction of a 3-marla plot in Mouza Julkey, Tehsil Model Town, District Lahore, in Suit No. 221/2024 and Execution No. 01/E/25. The proceedings concern Bank Alfalah Limited, 23-H, Gulberg III, Lahore, as decree holder.
| Property Detail | Particulars |
|---|---|
| Plot area | 3 marla |
| Location | Mouza Julkey, Tehsil Model Town, District Lahore |
| Khasra number | 2207 |
| Khewat number | 445 |
| Khatooni number | 573 |
| Total land area | 16 kanal |
| Transferred share | 675/12000 |
| Reserve price | PKR 1,530,000 |
Auction Schedule
| Event | Date and Time |
|---|---|
| Public announcement | 3 November 2026 |
| Affixing of auction notice at the property | 8 November 2026 |
| Public auction | Thursday, 10 December 2026, at 1:00 PM |
Recoverable Amount
| Component | Amount |
|---|---|
| Principal | PKR 4,995,651.91 |
| Bank markup | Nil |
| Court costs | PKR 99,002 |
| Total decretal amount | PKR 5,094,653.91 |
| Other charges | Nil |
| Total recoverable amount | PKR 5,094,653.91 |
Bidders must deposit PKR 100,000 as participation security with the court auctioneer before bidding. The security deposits of unsuccessful bidders will be returned after the auction. The successful bidder must deposit one-quarter of the auction amount through a call deposit or bank draft and pay the remaining amount within 15 days. Failure to comply with the payment conditions may result in forfeiture and re-auction.
The sale is subject to the court's final approval. Applicable property transfer expenses and government dues are payable by the purchaser. The court retains authority over the auction proceedings.
Court Auctioneer: Dr. Faisal Ahmad Shahzad, Advocate High Court, 1 Ahmad Block, New Garden Town, Lahore. Contact: 0300-5528049.
Published in Dunya on Friday, 6 November 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.