Pakistan Auctions Properties of Top Real Estate Tycoon

Pakistan Auctions Properties of Top Real Estate Tycoon

Pakistan’s government has auctioned properties of top real estate tycoon Malik Riaz Hussain after a government agency failed to extradite him from the United Arab Emirates where he lives in self-exile.

NAB Puts Bahria Town and Malik Riaz's 6 Commercial Properties Up for Auction; 1 Sold, 2 Receive Conditional Bids, 3 Postponed

The National Accountability Bureau (NAB) has put six commercial properties of Malik Riaz and Bahria Town up for auction. Out of these, one property was sold, two received conditional bids, while the auction for the remaining three was postponed due to a lack of desired bids. The auction event was held at NAB’s Rawalpindi office and G Six One in Islamabad. The ‘Rubaish Market’ property was sold for PKR 508 million, exceeding the reserve price by …

NAB auctions six Bahria Town properties, only one sold

The National Accountability Bureau auctioned six commercial properties of Malik Riaz and Bahria Town, offering them publicly for competitive bidding. NAB successfully auctioned one property, received conditional bids for two, and postponed three properties after receiving unsatisfactory offers below reserve value. NAB held the auction at its Rawalpindi office and G-6/1 Islamabad for properties belonging to Malik Riaz group. Robaish Marquee excee…

NAB Initiates Auction of Bahria Town Properties

ISLAMABAD: The National Accountability Bureau (NAB) has commenced the auction process for several prominent properties owned by real estate magnate Malik Riaz. As per a NAB press statement, the Bahria Town Corporate Office II located at Plot No. 7-D, Park Road, Phase II, Rawalpindi, was sold for approximately Rs. 880.6 million. Additionally, the Rubaish Marquee & Lawn, situated near Bahria Garden City Golf Course in Islamabad, was auctioned for …

NAB starts auctioning of Malik Riaz’s properties

RAWALPINDI: The auction process of Bahria Town founder Malik Riaz’s properties has begun at the National Accountability Bureau (NAB) Rawalpindi office, sources confirmed on Thursday. The National Accountability Bureau (NAB) had set August 7, 2025, as the date for auctioning several properties belonging to Bahria Town owner Malik Riaz. According to sources, Bahria Town Corporate Office […] The post NAB starts auctioning of Malik Riaz’s properties…

NAB begins auction of Bahria Town’s properties, generates over Rs1.3 billion so far

The National Accountability Bureau (NAB) has begun the auction of several high-value properties belonging to real estate tycoon Malik Riaz. According to a press release from NAB, two major properties have already been sold: Bahria Town Corporate Office II, located at Plot No. 7-D, Park Road, Phase II, Rawalpindi, fetched Rs. 880.6 million. Rubaish Marquee & Lawn, situated near Bahria Garden City Golf Course, Islamabad, was auctioned for Rs. 508.…