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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.

Newspaper clipping: Auction: 4-Kanal House No.45, Block C/3, Gulberg-III, Lahore — SME Bank (IOL), The Express Tribune, 15 Oct 2026 Open the full-size clipping
Original clipping · The Express Tribune · 15 Oct 2026 · tap to zoom

Advertisement details

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.

IssuerOfficial Liquidator, SME Bank Ltd. (IOL)
PropertyHouse No.45, Block C/3, Gulberg-III, Lahore
Size4 Kanals, 7 Marlas & 113 Sq. ft.
Sale basisAuction / sale on "as is, where is" basis
Earnest moneyRs. 10,000,000 (pay order / demand draft in favor of SME Bank Ltd.)
Bid submission deadline2026-11-05 up to 03:30 PM
Bid opening2026-11-05 at 04:00 PM (in presence of bidders or their representatives)
Bid requirementsSealed 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 detailsMr. 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 & refundsBids 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 conditionsPay 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.
The Express Tribune · 15 Oct 2026
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