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Auction Closed

Auction of Office Premises Plot B-9-B/3 SITE Area Karachi by SME Bank Ltd (Official Liquidator)

Auction date 5 Nov 2026, 15:30 Closed
Auction starts5 Nov 2026, 16:00
Earnest moneyRs 3,000,000
Newspaper clipping of the notice: Auction of Office Premises Plot B-9-B/3 SITE Area Karachi by SME Bank Ltd (Official Liquidator)
The notice as printed in The Express Tribune, 15 Oct 2026. The clipping is the authoritative text. View full size

Auction details

The Official Liquidator, SME Bank Ltd. (in Official Liquidation, IOL) invites sealed bids for auction/sale of office premises (Ground & Mezzanine Floor) measuring 3,294 sq. ft. located at Plot No. B-9-B/3, SITE Area, Karachi on an "as is where is" basis. The auction/sale is being undertaken under directions of the Islamabad High Court and is subject to confirmation by the Honorable IHC.

Interested parties may obtain further details relating to ownership documents from 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 No. 03335549743, before the date of submission of sealed bids. A bank draft/pay order for earnest money of Rs. 3,000,000 in favor of "SME Bank Ltd." must accompany each bid. The earnest money shall not be refundable to bidders except the successful bidder.

Sealed bids must reach the address below by post or by hand on or before 2026-11-05 up to 03:30 pm. Bids will be opened in the presence of bidders or their representatives on 2026-11-05 at 04:00 pm. Bids must be submitted in a sealed envelope marked "Bid for Auction of Karachi Property" and "Confidential". Each bid must include a copy of the CNIC, complete address and phone/cell numbers. Company bids must be signed by an authorized representative. Submitted bids will remain valid for at least 60 days from the date of opening. The advertisement and 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.

Documents, submission and contact

Documents from
SME Bank Ltd. (IOL), Head Office, 56-F Nazimuddin Road, F-6/1, Blue Area, Islamabad
Submit to
SME Bank Ltd. (IOL), Head Office, 56-F Nazimuddin Road, F-6/1, Blue Area, Islamabad
Auction venue
SME Bank Ltd. (IOL), Head Office, 56-F Nazimuddin Road, F-6/1, Blue Area, Islamabad
Contact
Mr. Rashid-ul-Ghafoor — In-Charge Service Division, SME Bank Ltd. (IOL), Head Office
Phone
03335549743

Published in

Listed from a public newspaper advertisement. Verify dates, fees and submission requirements with SME Bank Ltd. (Official Liquidator) before bidding. Listing PT-116.

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Newspaper clipping of the notice: Auction of Office Premises Plot B-9-B/3 SITE Area Karachi by SME Bank Ltd (Official Liquidator)
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