Public Auction of House No.45 Block C/3 Gulberg-III Lahore by Official Liquidator SME Bank Ltd

The Official Liquidator, SME Bank Ltd (In Official Liquidation) invites sealed bids for the auction/sale of property: House No.45, Block C/3, Gulberg-III, Lahore measuring 4 Kanals, 7 Marlas and 113 sq ft on an "as is" basis. The auction is being undertaken as per direction of the Hon'ble Islamabad High Court and shall be subject to confirmation by the Hon'ble IHC.

Interested parties may obtain further details relating to ownership documents and status from Mr. Rashid-ul-Ghafoor, In-Charge Service Division, SME Bank Ltd (IOL) Head Office, Nazimuddin Road, F-6/1, Blue Area, Islamabad, Cell No. 03335549743, before the submission date of sealed bids.

Each bid must be accompanied by a pay order/demand draft for earnest money of Rs. 10,000,000 in favor of "SME Bank Ltd." The earnest money shall be refundable to unsuccessful bidders and will be forfeited in case of default by the successful bidder in accordance with the terms and conditions.

Sealed bids must reach the Head Office by post or by hand on or before November 05, 2026 up to 03:30 pm. Bids will be opened the same day at 04:00 pm in the presence of bidders or their representatives. Bids must be submitted in a sealed envelope marked "Bid for Auction of Lahore Property" and "Confidential", and must include a copy of CNIC, complete address and phone/cell numbers. Company or firm bids must be signed by an authorised representative. Bids will remain valid for at least 60 days from the date of opening. Detailed terms and conditions are available on the PPRA website and SME Bank Ltd (IOL) website. SME Bank Ltd (IOL) reserves the right to reject any or all bids.