Technology

Zameen Developments inaugurates Zameen Ace Mall project in DHA Islamabad

Zameen.com is Pakistan’s largest real estate portal. Over 3.6 million monthly visitors from Pakistan and all over the world go to Zameen.com to find a property. It has over 8.5 million property listings on their website. It’s Pakistan only real estate portal that provides Real Estate Price Index which helps in making wise property decisions. Zameen Developments Pvt. Ltd is EMPG’s real estate development arm, working in synergy with its concern Zameen.com

Zameen Developments organized the official groundbreaking ceremony for its first mixed-use project in Islamabad, titled ‘Zameen Ace Mall’, on Thursday, July 11.

The project is a joint venture between Zameen Developments, renowned Islamabad-based developer Ace Group, and UAE-based MIH Group. Zameen.com CEO Zeeshan Ali Khan and Ace Group CEO Usman Zafar Cheema were the guests of honor at the ceremony, which took place at the project’s site in Sector J, DHA Islamabad-Rawalpindi Phase II. The project’s on-site sales office was also inaugurated at the same time.

The project is set to feature high-end residential apartments and split-level penthouses, hotel apartments, and a full-scale mall featuring retail outlets, a hypermart, and a multiplex cinema. Other facilities include a swimming pool, sports bar, health and fitness club, fine dining decks, and dedicated car parking large enough to accommodate up to 800 vehicles at a time.

The 14-story multi-purpose building is being built on 20 kanals (10,000 square yards) of land on the main Sir Syed Boulevard of DHA Islamabad-Rawalpindi’s Phase II and offers upwards of 800 units in the form of shops, residential apartments, and hotel apartments.

“Zameen Ace Mall presents a refined combination of a contemporary hotel, shopping, and living experiences. It promises to promote the culture of mixed-use developments in the country with a view to optimizing available space, and will Insha-Allah address a large gap in the national real estate development market,” said Khan.

Khan also said a further four projects were in the pipeline for Zameen Developments in 2019. “Two of our projects are already under construction in Lahore and Islamabad-Rawalpindi now, and we’re looking forward to launching another handful of projects around the country before the year is out. There are exciting times ahead,” he added.

“Ace Group’s partnership with Zameen Developments is a strategic endeavor aimed at maximizing the strengths of both companies,” said Cheema. “Pakistan is lagging behind in the region in the development of multipurpose buildings and this partnership aims to take this challenge head-on with well-planned residential and commercial projects,” he added.

The groundbreaking ceremony was attended by Zameen.com CEO Zeeshan Ali Khan, Ace Group CEO Usman Zafar Cheema, Zameen.com Country Head Ahmad Bhatti, Senior Director – North Hasan Danish, Director Project Development Fahad Arif Khawaja, and other members of the companies’ senior management.