ONE Homes acquires 100,000 square feet land in Islamabad for first ever overseas Resort Living development
Leading international property developer, ONE Homes, have acquired a 100,000 square feet piece of prime land in the twin cities for Islamabad’s first-ever tailor-made resort style living development for overseas Pakistanis.
Leading international property developer, ONE Homes, has acquired 100,000 square feet of prime land in the twin cities for Islamabad’s first-ever tailor-made resort-style living development for overseas Pakistanis.
The development, which sits at the top of a valley and enjoys front-line, unobstructed views over a 2,500-acre national forest, is expected to be a first of its kind in the capital.
Commenting on the stringent criteria for the land acquisition, Co-Founder and Chief Commercial Officer of ONE Homes, Aqib Hassan, said, “After the initial profiling stage, shortlisted sites go through an extensive due-diligence process that mirrors the legal process in the UK. It enables us to deliver the same level of security and comfort to our customers buying with us in Pakistan that we give to clients buying from us in the UK or Dubai.”
The development, which is currently in the design development stage, is expected to be launched in the market towards the end of summer 2022.
Aqib said, “As we always do, we have engaged with world-leading consultants on this development to ensure the project is en par with the greatest projects we have been involved with whether that be here in Pakistan, Dubai or London.”
“We’re greatly looking forward to bringing another groundbreaking development to the market and continuing to lead the market in terms of lifestyle and design-centric real estate,” Aqib added.
The group’s medium-term plan is to deliver projects worth 200 billion PKR in Pakistan by 2027.