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Banking Court Karachi Public Auction — DHA Phase V/C Property

Banking Court Karachi Public Auction · Karachi · The News International,

Notice advertisement published in The News International on Thursday, 1 October 2026, listed under Karachi. Issued by Banking Court Karachi Public Auction. The last date printed on the advertisement was Friday, 6 November 2020 and has passed.

Newspaper clipping: Banking Court Karachi Public Auction — DHA Phase V/C Property, The News International, 01 Oct 2026 Open the full-size clipping
Original clipping · The News International · 01 Oct 2026 · tap to zoom

Advertisement details

Banking Court No. III, Karachi has ordered a public auction of an immovable property in satisfaction of a decree obtained by Dubai Islamic Bank Pakistan Limited.

Key details:

Issuer / CourtBanking Court No. III, Karachi (Block No. 50, Pak Secretariat, near Passport Office, Sadar, Karachi)
PlaintiffDubai Islamic Bank Pakistan Limited
Judgment DebtorMrs. Synda Urma Tanveer Hussain and others
Execution / SuitExecution No. 59 of 2025 in Suit No. 76 of 2025
Decree AmountRs. 32,379,555
PropertyPlot on 2/h Street, Phase V/C, Pakistan Defence Officers Housing Authority (DHA), Karachi
Market ValueRs. 99,002,500
Forced Sale ValueRs. 66,730,000
Auction Date & Time2020-11-06 at 01:00 PM
VenueBanking Court, Karachi
DepositSuccessful bidder must deposit 25% of the bid immediately by pay order in the name of Judge, Banking Court No. III, Karachi; photocopy of CNIC to be provided. Cheque or cash of the 25% will not be accepted.
Balance PaymentBalance to be paid by the purchaser before court closes or within 15 days of the auction. Failure to pay balance within 15 days will result in forfeiture of the 25% deposit.
Other ConditionsAll government taxes and dues to be borne by the purchaser. Sale subject to confirmation by the Court. Court reserves the right to cancel the auction or not accept any bid.
Signed / Nazir(Muhammad Kassan), Nazir, Banking Court-III, Karachi

Published in The News International on Thursday, 1 October 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 Friday, 6 November 2020. That date has passed.
Which newspaper published this notice?
The News International, in the edition of Thursday, 1 October 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.
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.
The News International · 01 Oct 2026
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