SME Bank Auction: Office Premises at Plot B-9-B/3, SITE Area, Karachi
SME Bank Auction · Karachi · Jang,
Notice advertisement published in Jang on Thursday, 15 October 2026, listed under Karachi. Issued by SME Bank Auction. The last date printed on the advertisement is Thursday, 5 November 2026.
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Official Liquidator of SME Bank Ltd. (In Official Liquidation - IOL) invites sealed bids for auction/sale of office premises (Ground & Mezzanine) measuring 3,294 sq. ft. at Plot No. B-9-B/3, SITE Area, Karachi on an "as is where is" basis. Sale is subject to confirmation by the Hon'ble Islamabad High Court (IHC).
| Issuer | Official Liquidator, SME Bank Ltd. (IOL) |
|---|---|
| Property | Office premises (Ground & Mezzanine), Plot No. B-9-B/3, SITE Area, Karachi |
| Size | 3,294 sq. ft. |
| Auction basis | "As is where is"; subject to IHC confirmation |
| Earnest money | Rs. 3,000,000 (Bank Draft/Pay Order in favor of "SME Bank Ltd.") |
| Bid submission deadline | 2026-11-05, by 03:30 pm |
| Bid opening | 2026-11-05 at 04:00 pm (in presence of bidders/representatives) |
| Bid validity | 60 days from date of opening |
| Contact | Mr. Rashid-ul-Ghafoor, In-Charge Service Division, SME Bank Ltd. (IOL), Head Office, 56-F Nazimuddin Road, F-6/1, Blue Area, Islamabad. Cell: 0333-5549743 |
| More information | Terms & conditions on PPRA (www.ppra.org.pk) and SME Bank Ltd. (IOL) website (www.smebank.org) |
Submission requirements and conditions: Bids must be in a sealed envelope marked "Bid for Auction of Karachi Property" and "Confidential". Each bid must include copy of CNIC, complete address and phone/cell numbers of the bidder. Company/firm bids must be signed by an authorized representative. Earnest money will be refundable to unsuccessful bidders; it will be forfeited for the successful bidder on default as per the terms & conditions. Pay Orders/Demand Drafts of unsuccessful bidders will be released within 60 days from the date of bid opening. SME Bank Ltd. (IOL) reserves the right to reject any or all bids in accordance with PPRA rules.
Published in Jang on Thursday, 15 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 Thursday, 5 November 2026.
- Which newspaper published this notice?
- Jang, in the edition of Thursday, 15 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.