Islamabad: For the first time ever, Pakistan will be able to build resort-style homes for overseas Pakistanis on a 100,000-square-foot plot of land in Islamabad and Rawalpindi. This will boost the government’s efforts to attract foreign direct investment (FDI).
ONE Homes is an affiliate of the ONE Group, which includes ONE Investment, a leading Dubai real estate company, and ONE Capital, a leading investment company in the UK.
A prime site in the center of England was recently purchased by ONE Capital to develop a 75,000-square-foot industrial logistics hub. Located at the top of a valley, the development offers unobstructed views of a 2500-acre national forest and will be the first of its kind in the city.
According to Aqib Hassan, Co-Founder and Chief Commercial Officer at One Homes, the company has very stringent criteria when it comes to acquiring land, and the process can take years for the company.
In summer 2022, Aqib expects the development to be launched into the market after undergoing design development.
In the United Kingdom, Dubai and Pakistan, The ONE Group has worked on a number of high-profile developments. Diyar Homes, ONE Canal Road Lahore by Kobi Karp with interiors finished by VERSACE ceramics and the highly acclaimed ONE Canal Road Lahore by Kobi Karp are among four large projects the company has under development in Pakistan.
In an address to the Pakistani economy and the Pakistani real estate market, Aqib noted that Pakistan’s real estate market was amongst the world’s best performing with prime cities appreciating by 300% in the last decade alone.
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