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Old March 30th, 2007, 08:20 AM   #21
siamu maharaj
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Property in the whole of Pakistan is very very very expensive.
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Old May 29th, 2007, 06:20 AM   #22
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any newz abt da project
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Old May 29th, 2007, 04:36 PM   #23
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Awesome project !!
Has the construction started or not ?
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Old May 30th, 2007, 03:17 AM   #24
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Not bad
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Old May 30th, 2007, 04:45 AM   #25
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Now this is what I'm talking about!

Please have them built FAST. There are lots of non-residents Pakis with Mulla who would love to own one in these and move there!
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Old May 30th, 2007, 04:55 AM   #26
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Any prices on these?
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Old May 30th, 2007, 09:30 AM   #27
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Quote:
Originally Posted by FahadKhan View Post
Any prices on these?
I posted the prices!
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Old May 30th, 2007, 03:07 PM   #28
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Quote:
Originally Posted by Umais View Post
I went to their office today, got the brochure.

There are 23 residential floors, 3 parking + 1 underground parking, NO commercial activity there.

two apartments per floor, one facing the sea, the other toward the back. Both are priced the same.

top 10 floors = 23 million or 21 million.
rest 13 = 21 million or 20 million.

I just forgot the rates, it's either 23&21 or 21&20, though I think it's the former.
There ya go.
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Old May 30th, 2007, 04:48 PM   #29
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Thanks!
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Old May 30th, 2007, 08:56 PM   #30
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Thanks UMAIS !!
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Old May 30th, 2007, 09:23 PM   #31
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Good job Umais
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Old May 30th, 2007, 10:57 PM   #32
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20 Mil meaning 2 Crores?
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Old May 30th, 2007, 11:08 PM   #33
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Quote:
Originally Posted by FahadKhan View Post
20 Mil meaning 2 Crores?

D'uuh.
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Old May 31st, 2007, 12:03 AM   #34
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The prices are going crazy, 2 Crores just for an apartment
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Old May 31st, 2007, 12:09 AM   #35
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Yeah I would rather buy a decent bungalow for that money.
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Old May 31st, 2007, 01:24 AM   #36
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Our 2000 Sq. ft, plot in Phase 8 was worth 2 Crores a year back, imagine buying a little apartment in that money

And I'm sure they would be 99% booked if anyone can check with them today!
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Old May 31st, 2007, 01:45 AM   #37
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Prices are insane!
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Old May 31st, 2007, 08:49 AM   #38
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damn 2 Crore.....

thats 5th Avenue, New York type prices
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Old May 31st, 2007, 09:04 AM   #39
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Quote:
Originally Posted by FahadKhan View Post
Our 2000 Sq. ft, plot in Phase 8 was worth 2 Crores a year back, imagine buying a little apartment in that money

And I'm sure they would be 99% booked if anyone can check with them today!
You guys still have it or sold it? Coz it'd be worth much more now.
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Old May 31st, 2007, 03:36 PM   #40
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2 crore rupees = $ 330,000.

How big are these apartments? If they are 3,000 square feet then the price per square feet is $110. This is starting to approach international levels but still on the very low side.

An apartment in NYC would be $1,000/sq ft. And in the cheapest location in North America it would be $3-400/sq ft.

You're still paying a very cheap price in Karachi and you'll probably get a product that may be better than the old desi stuff but would still not be of top Dubai quality, but coming closer and closer.
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