Public Auction of Shops at Green Park Mariwal by PPCBL

The Punjab Provincial Cooperative Bank Limited, Head Office Lahore, invites bidders to participate in the public auction of a commercial shop situated in Tehsil and District Sahiwal. The property measures 3 marla and 1 sarsai and is identified by Khata No. 4676 and Khatooni No. 4746. The reserve price is Rs. 27,057,000. The property will be sold on an as-is, where-is basis.

The auction will take place on 6 November 2026 at 2:30 PM at The Punjab Provincial Cooperative Bank Limited in Sahiwal. Participants must deposit 10% earnest money through a bank draft before participating in the bidding. Bidders should bring their original identity cards for identification. Earnest money deposited by unsuccessful bidders will be returned after the auction.

The successful bidder must deposit one-quarter of the bid amount within 15 days. Failure to make this payment will result in forfeiture of the earnest money. The remaining three-quarters of the bid amount must be paid within three months of final approval. Failure to pay the balance within the stipulated period will result in forfeiture of the one-quarter payment in favour of the bank.

All applicable taxes, stamp duty, registration charges and transfer expenses are payable by the successful bidder. The bank will not bear these expenses. Prospective bidders should satisfy themselves regarding the property and its associated matters before taking part in the auction. The bank reserves the right to accept or reject any bid without assigning a reason.

The property may be inspected during office hours from 9:00 AM to 5:00 PM. Further information about the auction terms and conditions may be obtained during office hours from the bank's Head Office in Lahore. Contact telephone numbers are 040-9200238 and 0303-4280032.

If the auction cannot take place on the scheduled date, it will be held on 12 November 2026 at 11:30 AM.