Auction of 17 Mortgaged Properties by House Building Finance Company Limited

House Building Finance Company Limited (HBFC) offers 17 mortgaged properties for auction under Section 15 of the Financial Institutions (Recovery of Finances) Ordinance, 2001. The properties are being sold to recover outstanding mortgage finance after the customers failed to settle their dues within the stipulated period. All auctions start at 11:00 am, and the properties are sold on an as-is-where-is basis. Auctions are on-site except for Khairpur, where the auction address is 1st Floor Sugh House, Katcheri Road, Khairpur.

Bahawalnagar: Plot No. 377-B, Block X, Model Town, Bahawalnagar, with an outstanding balance of Rs. 1,271,359 and reserve price of Rs. 4,038,000, will be auctioned on 2 December 2026. House No. 38/3, Khata No. 07, Khatoni No. 22 to 52, Tehsil and District Bahawalnagar, with an outstanding balance of Rs. 3,702,479 and reserve price of Rs. 5,073,998, will be auctioned on 3 December 2026. Contact the Branch Manager at Near Chistian Road, Behind Noor Mahal Cinema, Nizampura West, Bahawalnagar: 0335-0757473, 063-2277988, 063-2277079.

Dadu: House on Plot No. 45/8, Jan Mohammad Bhutt Muhallah, Sehwan, District Jamshoro, has an outstanding balance of Rs. 778,140 and reserve price of Rs. 1,891,840; auction on 2 December 2026. House No. 54, Hingoro Mohalla, Taluka Mehar, District Dadu, has an outstanding balance of Rs. 786,080 and reserve price of Rs. 2,180,400; auction on 3 December 2026. Contact the Branch Manager at Plot No. 189, Gulshan-e-Ibrahim Colony, Near Excise Office, Dadu, Taluka and District Dadu: 0333-2788516, 0254-550899.

Faisalabad: Property comprising Khasra Nos. 22/411/7, 22/411/8, 22/411/3, 22/411/4, 22/411/5 and 22/411/6, Square No. 33, Chak No. 220/RB, located at House No. A11, Ali Housing Colony, ABC Road, Faisalabad, has an outstanding balance of Rs. 923,135 and reserve price of Rs. 11,088,000; auction on 2 December 2026. Contact the Branch Manager at Building No. B-274, Hall No. 04, Ground Floor, Peoples Colony No. 01, Haryan Wala Road, Faisalabad: 0333-6409591, 041-8555258.

Hyderabad: House No. 144, Al-Raheem Villas, Qasimabad, Hyderabad, has an outstanding balance of Rs. 1,784,017 and reserve price of Rs. 5,528,160; auction on 2 December 2026. Contact the Branch Manager at 1st Floor, Civic Centre, Thandi Sarak Road, Hyderabad: 0315-3294400, 022-2783825, 022-2783826, 022-2783827.

Khairpur: Plot No. D/1-S-I-B/C/1, Babu Shah Muhammad Colony, Khairpur, has an outstanding balance of Rs. 984,280 and reserve price of Rs. 2,399,988; auction on 8 December 2026. Contact the Branch Manager: 0300-9311188, 0243-715494.

Nawabshah: City Survey No. 1023, Ward No. 02, Gulshan-e-Mukhtiar Colony, Town and Taluka Moro, has an outstanding balance of Rs. 692,035 and reserve price of Rs. 4,224,000; auction on 9 December 2026. Contact the Branch Manager at Plot No. A-84, City Survey No. 2267, Ward-A, Government Employees Co-Operative Housing Society Limited, Nawabshah: 0244-330881, 0244-330882.

Sheikhupura: House No. 5, Street No. 5, Rehmat Colony No. 1, Gujranwala Road, Sheikhupura, has an outstanding balance of Rs. 993,467 and reserve price of Rs. 6,041,600; auction on 2 December 2026. Property at SH. Nasir Street, Jandiala Road, Norang Clinic, Sheikhupura, has an outstanding balance of Rs. 2,002,135 and reserve price of Rs. 4,268,000; auction on 3 December 2026. Contact the Branch Manager at Batti Chowk, Faisalabad Road, Khan Plaza, Near Social Security Hospital, Sheikhupura: 0305-2557551, 056-3783412, 056-3811767.

Thatta: Five properties are offered. House on City Survey No. 619-A, Ward-B, Usman Mohalla, Sujawal, has an outstanding balance of Rs. 712,472 and reserve price of Rs. 3,226,800; auction on 2 December 2026. City Survey No. 1229/A, Khatri Muhalla, Ward-A, near Noor Masjid and Shiv Mandir, Sujawal, has an outstanding balance of Rs. 2,147,865 and reserve price of Rs. 3,079,600; auction on 3 December 2026. House No. 98, Bagh Muhalla/Memon Muhalla, Chuhar Jamali, Taluka Shah Bunder, District Sujawal, has an outstanding balance of Rs. 449,591 and reserve price of Rs. 3,142,400; auction on 6 December 2026. City Survey No. 2650/3, Ward-B, Mohalla Islampur, Thatta, has an outstanding balance of Rs. 1,256,921 and reserve price of Rs. 4,073,120; auction on 7 December 2026. City Survey No. 1217, Ward-A, Mohalla Mughal, Thatta, has an outstanding balance of Rs. 1,754,299 and reserve price of Rs. 4,209,408; auction on 8 December 2026. Contact the Branch Manager at House No. 327/2, Ward-4, Shah Kamal Muhallah, Thatta: 0342-3131996, 0298-550587.

University Road, Karachi: Flat No. D-401, 4th Floor, Rufi Green City, Block-18, Gulistan-e-Jauhar, Karachi, has an outstanding balance of Rs. 4,886,848 and reserve price of Rs. 6,000,000; auction on 2 December 2026. Contact the Manager at Front Right Wing of Civic Centre, 1st Floor, Hasan Square, Main University Road, Karachi: 0333-3307917, 021-34856019.

Wah Cantt: House No. 63-S-53-RH, Mouza Gheela, Tehsil Taxila, District Rawalpindi, has an outstanding balance of Rs. 786,080 and reserve price of Rs. 2,187,080; auction on 2 December 2026. Contact the Branch Manager at Plot No. 13-A, Commercial Civil Lines Scheme, Rashid Minhas Road, Near Lucky CNG, Rawalpindi: 0332-9120607, 051-5185160.

Interested bidders must submit a pay order or demand draft equal to 25% of the reserve price or Rs. 300,000, whichever is lower, at least 30 minutes before the relevant auction. The highest bidder will be declared successful and must deposit 25% of the bid price within two business days of the auction. The remaining 75% must be deposited within 15 days of the initial deposit. Following full payment, the concerned Branch Manager or authorized HBFC attorney will execute the sale deed after seven days from completion of the public auction sale.

Failure to pay the balance permits forfeiture of deposited amounts and re-auction. HBFC may participate and purchase a property for an amount 10% higher than the highest bid. The successful bidder pays applicable taxes and fees. HBFC may postpone or cancel an auction without assigning a reason and retains its other legal rights and remedies. Outstanding balances are subject to the stated cost-of-funds calculation. Central contact: Head – Collections & Recovery, House Building Finance Company Limited, Head Office, 3rd Floor, FTC Building, Shahrah-e-Faisal, Karachi; telephone 021-35641747.