Public Auction of Mortgaged Properties by House Building Finance Company Limited

House Building Finance Company Limited (HBFC) invites participation in public auctions of mortgaged properties for recovery of outstanding finance under Section 15 of the Financial Institutions (Recovery of Finances) Ordinance, 2001. The properties are offered in their existing condition. Separate properties, reserve prices and auction schedules are listed for nine branch locations. All auctions start at 11:00 a.m.

Dadu has four properties. Lot 1 has a reserve price of Rs. 1,747,120 and will be auctioned on 23 November 2026. Lot 2 has a reserve price of Rs. 2,800,000 and will be auctioned on 24 November. Lot 3 has a reserve price of Rs. 2,871,840 and will be auctioned on 25 November. Lot 4 has a reserve price of Rs. 2,239,000 and will be auctioned on 26 November.

Faisalabad has three properties. Lot 1 has a reserve price of Rs. 3,101,760, with auction on 23 November 2026. Lot 2 has a reserve price of Rs. 4,804,547, with auction on 24 November. Lot 3 has a reserve price of Rs. 7,520,000, with auction on 25 November.

Kasur has three properties. Lot 1 has a reserve price of Rs. 2,227,520, with auction on 24 November 2026. Lot 2 has a reserve price of Rs. 6,523,467, with auction on 25 November. Lot 3 has a reserve price of Rs. 4,028,160, with auction on 26 November.

Larkana has two properties, with reserve prices of Rs. 6,063,600 and Rs. 4,072,320. Their auctions are scheduled for 25 and 26 November 2026, respectively. Sukkur has two properties, with reserve prices of Rs. 10,016,640 and Rs. 8,314,080, to be auctioned on 25 and 26 November, respectively.

Rawalpindi has one property with a reserve price of Rs. 12,720,000, to be auctioned on 23 November 2026. Sahiwal has two properties with reserve prices of Rs. 3,291,129 and Rs. 4,542,400, to be auctioned on 23 and 24 November, respectively. Thatta has one property with a reserve price of Rs. 4,611,040, to be auctioned on 23 November.

Nowshera has three properties with reserve prices of Rs. 2,308,080, Rs. 3,325,747 and Rs. 3,728,800. Their auctions are scheduled for 1, 2 and 3 December 2026, respectively.

The respective branch managers are the auction officers. Participants must furnish the required earnest money in cash or by pay order. The successful bidder must pay the remaining 75% within 15 days. HBFC reserves the right to accept or reject bids. Taxes and other applicable charges are payable by the successful purchaser.

For enquiries, contact the Head of Collections and Recovery Wing, House Building Finance Company Limited, Head Office, Finance and Trade Centre, Shahrah-e-Faisal, Karachi, telephone 021-35641747.