Auction: 4-Kanal House No.45, Block C/3, Gulberg-III, Lahore — SME Bank (IOL)
Auction · Lahore · The Express Tribune,
Notice advertisement published in The Express Tribune on Thursday, 15 October 2026, listed under Lahore. The last date printed on the advertisement is Thursday, 5 November 2026.
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SME Bank Ltd. (In Official Liquidation) invites sealed bids for auction/sale of a residential property located at House No.45, Block C/3, Gulberg-III, Lahore. The sale is on an "as is, where is" basis and is being undertaken as per directions of the Hon'ble Islamabad High Court; confirmation by the Hon'ble IHC will be required.
| Issuer | Official Liquidator, SME Bank Ltd. (IOL) |
|---|---|
| Property | House No.45, Block C/3, Gulberg-III, Lahore |
| Size | 4 Kanals, 7 Marlas & 113 Sq. ft. |
| Sale basis | Auction / sale on "as is, where is" basis |
| Earnest money | Rs. 10,000,000 (pay order / demand draft in favor of SME Bank Ltd.) |
| Bid submission deadline | 2026-11-05 up to 03:30 PM |
| Bid opening | 2026-11-05 at 04:00 PM (in presence of bidders or their representatives) |
| Bid requirements | Sealed envelope marked "Bid for Auction of Lahore Property" and "Confidential"; copy of CNIC; complete address and phone/cell number. If a company/firm, bid must be signed by an authorized representative. |
| Contact for details | 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 |
| Bid validity & refunds | Bids remain valid for at least 60 days from date of opening. Pay order/demand drafts of unsuccessful bidders will be released within 60 days from opening. |
| Other conditions | Pay order/demand draft shall be refundable to the bidding parties except the successful bidder as per terms; failure by successful bidder to comply with payment schedule may result in forfeiture of earnest money and other penalties per terms & conditions. SME Bank Ltd. (IOL) reserves the right to reject any or all bids as per relevant PPRA rules. |
Full terms and conditions are available on the PPRA website and the SME Bank Ltd. (IOL) website; prospective bidders may obtain ownership/status details from the contact above before submission of bids.
Published in The Express Tribune 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?
- The Express Tribune, in the edition of Thursday, 15 October 2026.
- Which city is this notice listed under?
- Lahore. 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.