Auction of Immovable Properties by Banking Court Hyderabad

Banking Court-I Hyderabad announces the public auction of immovable property in Execution Application No. 89/2005 arising from Suit No. 136/2004. The proceedings concern recovery of Rs. 7,917,411. The court is presided over by Abdul Rahim Sheikh, Judge, Banking Court-I Hyderabad.

The property offered for auction belongs to judgment debtor No. 2 and comprises Flat No. 102, measuring 1,322.2 square feet. The property particulars include Survey Nos. 479, 68/12, 71, 628 and 629, Deh Jamshoro, Taluka Qasimabad, Hyderabad. Its forced sale value is Rs. 4,620,000.

The public auction is scheduled for 19 November 2026 at 1:00 p.m. Interested purchasers should participate subject to the court's auction conditions and the requirements governing payment and confirmation of the sale.

The successful purchaser must deposit 25% of the purchase price immediately. The remaining purchase money must be deposited within 15 days of the auction. The sale is subject to approval by the court. Participants must bring their original national identity cards.

Further information concerning the auction may be obtained from the court office during office hours. The court is located on the first floor of the Sessions Court Building, Hyderabad. The notice is issued by the Nazir, Banking Court-I Hyderabad.