NAB starts auctioning of Malik Riaz’s properties

National Accountability Bureau (NAB) to proceed with the auction. “All petitions filed by Bahria Town are dismissed,” the court stated.

By DTD- On Aug 7, 2025

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 II, Plot No. D-7, has been sold for Rs 880.6 million, while Rubish Marquee and Lawn fetched Rs 508.3 million.

The process of auctioning other properties is still ongoing, NAB sources added.

LIST OF PROPERTIES TO BE AUCTIONED

Among the properties listed for auction is the Bahria Town Corporate Office II, situated at Plot No. 7-D on Park Road in Phase II of Bahria Town, Rawalpindi. Another corporate office, located at Plot No. 7-E on the same road and phase, is also part of the auction. The list further includes Rubeish Marquee and Lawn, positioned in Bahria Garden City near the Garden City Golf Course in Islamabad. NAB also announced that the Arena Cinema, located on Plot No. 984-Broad-A in Phase IV of Bahria Town, Rawalpindi, will be auctioned.

Additionally, Bahria Town International Academy, a school building near Jasmine Street and Silver Oaks Road in Safari Villas I, Rawalpindi, is also up for sale. Plot No. 27, which houses the Safari Club in the Safari Villas Phase of Bahria Town, Rawalpindi, is another property to be auctioned.

COURT REJECTS BAHRIA TOWN STAY PLEAS

The Islamabad High Court on Thursday has issued a short written order rejecting Bahria Town’s pleas against the auction of its properties.

In its decision, the court permitted the National Accountability Bureau (NAB) to proceed with the auction. “All petitions filed by Bahria Town are dismissed,” the court stated.

The order also withdrew previous stay orders issued on April 15 and June 4.

The one-page short verdict was issued by a division bench headed by Chief Justice Sarfraz Dogar.