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Bank of Punjab Public Auction: Mortgaged Properties of M/s Sumaira Flour Mills (Lahore & Sheikhupura)

Bank of Punjab Public Auction · Lahore; Sheikhupura · Jang,

Notice advertisement published in Jang on Saturday, 8 August 2026, listed under Lahore; Sheikhupura. Issued by Bank of Punjab Public Auction. The last date printed on the advertisement was Thursday, 3 September 2026 and has passed.

Newspaper clipping: Bank of Punjab Public Auction: Mortgaged Properties of M/s Sumaira Flour Mills (Lahore & Sheikhupura), Jang, 08 Aug 2026 Open the full-size clipping
Original clipping · Jang · 08 Aug 2026 · tap to zoom

Advertisement details

Issuer: The Bank of Punjab (BOP). Purpose: Public on-site auctions of properties mortgaged in the account of M/s Sumaira Flour Mills (Pvt.) Limited to recover outstanding financing facilities.

Property Reserve Price / Forced Sale Value Date & Place of Auction
Residential property measuring 32.04 Marlas (covered area 7,068 sq.ft.), House No. 205, Block B, Phase XII, DHA EME, Lahore. Rs. 86.197 Million (Valuation by Asif Associates dated 13.04.2026) At site on 01/09/2026 at 01:00 PM
Residential property measuring 10 Marlas (covered area 2,950 sq.ft.), House No. 134, Block G, Model Town Co-operative Housing Scheme Limited, Lahore. Rs. 34.624 Million (Valuation by Asif Associates dated 13.04.2026) At site on 02/09/2026 at 01:00 PM
Agricultural land measuring 59.531 Acres situated at Hadbast, Mouza Babakwali, adjacent to Dera Main Azher, Tehsil Ferozewala, District Sheikhupura. Rs. 384.532 Million (Valuation by F.K.S Surveys dated 14.04.2026) At site on 03/09/2026 at 01:00 PM

How to participate: Interested bidders may inspect valuation reports and property details at The Bank of Punjab Head Office (BOP Tower, 10-B, Block E-1, Main Boulevard, Gulberg-III, Lahore) during office hours; copies available on request. To participate in the auction, bidders must submit a Bank Draft/Pay Order/CDR of Rs. 1,000,000 (Rupees One Million Only) for each property in the name of The Bank of Punjab along with a copy of CNIC and contact details.

Successful bidder: The highest bidder will be declared the successful bidder. The successful bidder must comply with the Bank’s payment and documentation requirements as announced by the Bank; other terms and conditions apply. Any additional terms and conditions, taxes, dues or liabilities (if any) will be announced prior to commencement of open bidding.

Contact / Submission: Unit Head – Special Assets Management Division, The Bank of Punjab, Head Office, 6th Floor, BOP Tower, 10-B, Block E-1, Main Boulevard, Gulberg-III, Lahore. For further information call the Bank’s Special Assets numbers listed in the Head Office.

Published in Jang on Saturday, 8 August 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.

Questions about this notice

What is the last date for this notice?
The advertisement prints Thursday, 3 September 2026. That date has passed.
Which newspaper published this notice?
Jang, in the edition of Saturday, 8 August 2026.
Which city is this notice listed under?
Lahore; Sheikhupura. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
How do I respond to this notice?
Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
Jang · 08 Aug 2026
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