Banking Court III Karachi Auction: Flat No. 602, Rex Center (1866 sq. ft) — Forced-sale Rs 20,899,200
Banking Court III Karachi Auction · Karachi · Daily Kawish,
Notice advertisement published in Daily Kawish on Monday, 6 July 2026, listed under Karachi. Issued by Banking Court III Karachi Auction.
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Banking Court III, Karachi has ordered a public auction of immovable property to satisfy recovery in Execution No. 174 of 2021 (Suit No. 06 of 2020). The sale concerns Flat No. 602, 7th B Floor, Rex Center, Saddar Bazaar Quarters, Karachi (1,866 sq. ft). The recovery amount indicated is Rs. 9,710,167.30; the market value is Rs. 26,124,000 and the forced-sale value Rs. 20,899,200.
Bidders must deposit 25% of the bid by pay order in favour of Banking Court III, Karachi (photocopy of CNIC to be submitted); cheques will not be accepted. The successful bidder must pay the remaining balance within 15 days of the auction date or forfeit the 25% deposit. All government taxes and levies are payable by the purchaser. The court reserves the right to accept or reject the sale.
Published in Daily Kawish on Monday, 6 July 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?
- This advertisement prints no last date. Read the clipping and confirm with Banking Court III Karachi Auction.
- Which newspaper published this notice?
- Daily Kawish, in the edition of Monday, 6 July 2026.
- Which city is this notice listed under?
- Karachi. 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.
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- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.