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Old June 8th, 2005, 03:21 AM   #21
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I would have perfered glass though.. But this is also good!
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Old June 8th, 2005, 09:10 PM   #22
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THE LAUNCH







General Pervez Musharraf
President Islamic Republic of Pakistan

There is a requirement for the development of quality housing units to meet the demand of Pakistan's growing population. The Government of Pakistan has placed the housing sector on its priority list and is inviting national and international property developers to invest in building new housing schemes.

I am pleased to see that Al Ghurair Giga Group, a prestigious and leading property development company from United Arab Emirates, has taken the initiative to build a residential apartment complex of international standards in Islamabad. In addition to bringing foreign investment in the country, this project will, InshAllah, provide immense opportunities to the construction industry and create both direct and indirect employment opportunities.

At the end, I once again felicitate the Al Ghurair Giga Group on the launch of Goldcrest DHA Islamabad, a world-class residential apartment scheme in Defence Housing Authority, Islamabad. I hope the Group will also plan and execute projects in other cities of Pakistan. I wish them all the best in their endeavors.
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Old June 8th, 2005, 09:12 PM   #23
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Dubai builders to invest $1.8bn in housing
Tuesday March 29, 2005

Karachi : Two Dubai based real estate developers are going to invest up to $1.8 billion during next five to six years in the development and housing schemes of the Defence Housing Authority, Islamabad. Similarly, a Malaysian consultancy firm has taken up different development jobs and is presently building family club at an estimated cost of Rs1.13 billion. US based Pakistani doctors are investing $15 million in a hospital to provide the state of the art medical and surgical facilities in the DHAI, Brigadier (Rtd) Zahid Waheed Butt administrator DHAI at a news briefing held on Monday in a local hotel stated this. The DHAI has put up big stall at the International Trade and Industries Fair at Export Centre.

Giving the name of one of the developments the DHAI administrator said that the other who has already singed Memorandum of Understanding (MoU) has requested not to disclose the name prematurely. He said that Al-Ghurair Giga which is one of the biggest real estate developers in the world has entered into an agreement with the authority to develop high rise apartments at a cost of Rs44 billion ($800 million).

He said the Al-Ghurair group would start the construction work on these high-rise luxury and semi-luxury apartments from May or June this year and each block would have 20 to 30 floors. The group has taken 40 acres from the DHAI and in many projects there is partnership and some are going to be solely developed by the group.

The other developer who has requested to keep the name undisclosed and has already signed MoU is going to invest $1 billion during next five to six years in the developing housing scheme and commercial areas in different phases of the DHAI. The group is going to acquire 2500 acres of land along the G T Road and develop a huge commercial area as well.

However, he said both the developers have already committed the investment amount and in coming month, DHAI will finalize the agreement with the other group who is presently reluctant to disclose the name.

Mr. Butt said that the name of G T Road at a portion where the group is going to develop large commercial area at a cost of Rs2.5 billion would be changed to Shah-e-Al-Nahayyan. They will also construct houses and dispose them of to sellers which will need around Rs40 billion.

The DHAI chief said that the Malaysian consultancy firm, which is already working on family club having a cost of Rs1.13 billion, will also develop utility areas such as schools, mosques, market places and play ground. He said that the company would also enter into mortgage business for housing schemes.

Responding to a question, he said that after becoming an autonomous body on being declared as authority by the government not only the development work will become faster but also its members will get their papers processed at speedy pace. In the mast, Brig (r) Zahid Waheed Butt said our members have to deal with two entities that are Capital Development Authority (CDA) and Rawalpindi Development Authority.

However, after being declared as authority, he said now the DHAI falls under the preview of CDA and they will process all documents.

He said that on May 10, the authority will invite applications for allotment of plot in its Phase II extension and by the end of the month, balloting will be done.

Mr. Butt said that 12 categories of applicants are eligible for participating in balloting, including senior citizen, retired army officers, government and semi-government officials, and professionals, like doctors, lawyers.

He further said that plot which is presently being sold at Rs4 million in the open market will be given through balloting at Rs1 million which will include Rs500,000 cost of land and Rs500,000 for development work which could be paid in six equal installments.
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Old June 9th, 2005, 03:05 AM   #24
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The rendering in the last article is much nicer looking then the others..
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Old June 9th, 2005, 04:35 AM   #25
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Quote:
Originally Posted by pakboy


Dubai builders to invest $1.8bn in housing
Tuesday March 29, 2005

Karachi : Two Dubai based real estate developers are going to invest up to $1.8 billion during next five to six years in the development and housing schemes of the Defence Housing Authority, Islamabad. Similarly, a Malaysian consultancy firm has taken up different development jobs and is presently building family club at an estimated cost of Rs1.13 billion. US based Pakistani doctors are investing $15 million in a hospital to provide the state of the art medical and surgical facilities in the DHAI, Brigadier (Rtd) Zahid Waheed Butt administrator DHAI at a news briefing held on Monday in a local hotel stated this. The DHAI has put up big stall at the International Trade and Industries Fair at Export Centre.

Giving the name of one of the developments the DHAI administrator said that the other who has already singed Memorandum of Understanding (MoU) has requested not to disclose the name prematurely. He said that Al-Ghurair Giga which is one of the biggest real estate developers in the world has entered into an agreement with the authority to develop high rise apartments at a cost of Rs44 billion ($800 million).

He said the Al-Ghurair group would start the construction work on these high-rise luxury and semi-luxury apartments from May or June this year and each block would have 20 to 30 floors. The group has taken 40 acres from the DHAI and in many projects there is partnership and some are going to be solely developed by the group.

The other developer who has requested to keep the name undisclosed and has already signed MoU is going to invest $1 billion during next five to six years in the developing housing scheme and commercial areas in different phases of the DHAI. The group is going to acquire 2500 acres of land along the G T Road and develop a huge commercial area as well.

However, he said both the developers have already committed the investment amount and in coming month, DHAI will finalize the agreement with the other group who is presently reluctant to disclose the name.

Mr. Butt said that the name of G T Road at a portion where the group is going to develop large commercial area at a cost of Rs2.5 billion would be changed to Shah-e-Al-Nahayyan. They will also construct houses and dispose them of to sellers which will need around Rs40 billion.

The DHAI chief said that the Malaysian consultancy firm, which is already working on family club having a cost of Rs1.13 billion, will also develop utility areas such as schools, mosques, market places and play ground. He said that the company would also enter into mortgage business for housing schemes.

Responding to a question, he said that after becoming an autonomous body on being declared as authority by the government not only the development work will become faster but also its members will get their papers processed at speedy pace. In the mast, Brig (r) Zahid Waheed Butt said our members have to deal with two entities that are Capital Development Authority (CDA) and Rawalpindi Development Authority.

However, after being declared as authority, he said now the DHAI falls under the preview of CDA and they will process all documents.

He said that on May 10, the authority will invite applications for allotment of plot in its Phase II extension and by the end of the month, balloting will be done.

Mr. Butt said that 12 categories of applicants are eligible for participating in balloting, including senior citizen, retired army officers, government and semi-government officials, and professionals, like doctors, lawyers.

He further said that plot which is presently being sold at Rs4 million in the open market will be given through balloting at Rs1 million which will include Rs500,000 cost of land and Rs500,000 for development work which could be paid in six equal installments.
Holy crap thats amazing!
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Old June 9th, 2005, 05:02 AM   #26
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Ugly tops and designs, but I guess it's cool.
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Old June 9th, 2005, 08:10 PM   #27
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Quote:
Originally Posted by pakboy


Dubai builders to invest $1.8bn in housing
Tuesday March 29, 2005

.
Wait is this the actual rendering? I didnt see this one in the other pics.. I like this one a lot..
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Old June 9th, 2005, 11:59 PM   #28
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yes, but the background is fake.
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Old June 10th, 2005, 06:25 PM   #29
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i DIDNT SEE THIS RENDERING IN ANY OF THE PREVIOUS SLIDES..?!But this one is much better then those...
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Old June 11th, 2005, 08:02 PM   #30
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ISLAMABAD, PAKISTAN: Pakistani workers install a communication tower atop of building in Islamabad, 11 June 2005.

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Old June 13th, 2005, 08:51 PM   #31
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They look like their TOOOO close together! And far tooo similar in design... But OK...
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Old June 13th, 2005, 09:28 PM   #32
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Nah, I don't think they're that close. Its just the AD picture.
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Old June 13th, 2005, 10:50 PM   #33
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very nice towers and a beautiful project
sounds good!

seems like dubai has its hands everywhere

goldcrest and mazyood giga have 3 projects in dubai right now
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Old July 1st, 2005, 12:45 AM   #34
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Is it going to be a reality or just a fantasy?
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Old July 2nd, 2005, 11:14 AM   #35
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Oh it's real...and about some time too!

Tops look interesting...
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Old July 14th, 2005, 12:25 AM   #36
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These really are quite pretty indeed. I'm glad they're not just carbon-copies of one another... and the architecture is definately of a higher calibre than normally found in Pakistan's new contruction projects.
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Old July 14th, 2005, 12:28 AM   #37
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stunning!!
good news in this sad day for Pakistan
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Old July 14th, 2005, 06:19 PM   #38
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When is the completion date?
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Old July 18th, 2005, 07:07 PM   #39
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Quote:
Originally Posted by NewYork-wala
When is the completion date?

36 months from date of construction.
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Old July 18th, 2005, 07:12 PM   #40
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Floor Plans:

2 Bedroom:





3 Bedroom:




4 Bedroom:

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