Own a slice of the new silk route was the romantic but powerful proposition Eiwan won investors with. Believed to be China’s biggest ever overseas investment, CPEC will see a 3,218km new ‘silk route’ consisting of highways, railways and pipelines that will connect Pakistan’s Gwadar Port to Xinjiang province of China by 2030.
As a result of CPEC, Gwadar is already beginning to transform into a boom town. In 2015, a 1000 square yard commercial plot in Gwadar’s Sangar Housing Project, could be bought for $26,000. Today, that same plot is worth nearly half a million dollars.
For too long, local investors, overseas Pakistanis and young professionals have had to navigate a notoriously low trust market, which makes property investments unnecessarily complex and risky in the country.
Eiwan’s mission is to rise above this status quo by delivering word class real estate solutions and services, anchored in the company’s values of professionalism, trust and simplification.
‘Eiwan is here to revolutionize and professionalize the real estate industry in Pakistan,’ shares Faiz Kidwai, Chief Executive Officer, CG Holdings Private Limited. ‘We currently have builders and constructors but don't have developers in a true sense in Pakistan. Our vision is to create an urban development company where all our stakeholders are in a win-win situation, from investors to residents, as well the local communities in which we operate. We have the vision to create Pakistan’s most trusted urban development brand for the next 100 years.’
Eiwan’s parent company, CG, has a proven track record of 30 years, when it comes to operating on these values. A true proof of their work being Sangar, Gwadar’s most trusted and successful housing project. Despite being a public sector project, it serves as the gold standard for land management and governance in Pakistan. The reason behind this success has been CG’s vision to computerize documentation of land records in Sangar, a trailblazing step in land governance and management.
Recently, with the launch of Eiwan’s first project “Oshun by Eiwan”, the developer has taken another futuristic leap towards setting new industry standards by introducing a fully secure online payment portal. The intent behind this portal is to provide a simple platform to millions of overseas Pakistanis wanting to invest in this booming market, from the comfort of their homes in London, New York or Dubai.
Eiwan’s first project is called Oshun. This is Pakistan’s first beachfront, resort style housing project.
Situated majestically in the picturesque jewel of Gunz in the booming Gwadar District, Oshun by Eiwan is set to transform the art of living in Pakistan. Envisioned as a ‘resort style living’ community, this iconic project is nestled in between pristine beaches on one side and miraculously carved mountain ranges on the other, making Oshun by Eiwan the finest address in Pakistan, and in the region.
Designed to be re-define quality of life in Pakistan, this project offers beachfront housing, with 24/7 security and independent power & water solutions. Equally important, there’s an investment option crafted for every taste and price range. You can visit www.eiwan.pk for details on how to invest.
-PR
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on June 4, 2023 (Sunday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 298.9 | 302.15 |
Euro | EUR | 321 | 325 |
UK Pound Sterling | GBP | 375.5 | 380 |
U.A.E Dirham | AED | 82 | 83 |
Saudi Riyal | SAR | 80 | 81.2 |
Australian Dollar | AUD | 202 | 204 |
Bahrain Dinar | BHD | 758.24 | 766.24 |
Canadian Dollar | CAD | 228 | 230 |
China Yuan | CNY | 40.18 | 40.58 |
Danish Krone | DKK | 41.16 | 41.56 |
Hong Kong Dollar | HKD | 36.39 | 36.74 |
Indian Rupee | INR | 3.45 | 3.56 |
Japanese Yen | JPY | 2 | 2.08 |
Kuwaiti Dinar | KWD | 927 | 936 |
Malaysian Ringgit | MYR | 61.94 | 62.54 |
New Zealand Dollar | NZD | 173.16 | 175.16 |
Norwegians Krone | NOK | 25.67 | 25.97 |
Omani Riyal | OMR | 740.5 | 748.5 |
Qatari Riyal | QAR | 78.37 | 79.07 |
Singapore Dollar | SGD | 220 | 222 |
Swedish Korona | SEK | 26.36 | 26.66 |
Swiss Franc | CHF | 314.07 | 316.57 |
Thai Bhat | THB | 8.21 | 8.36 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,800 on Sunday. The price of 10 grams of 24k gold was recorded at Rs197,190.
Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
City | Gold | Silver |
Lahore | PKR 230,800 | PKR 2125 |
Karachi | PKR 230,800 | PKR 2125 |
Islamabad | PKR 230,800 | PKR 2125 |
Peshawar | PKR 230,800 | PKR 2125 |
Quetta | PKR 230,800 | PKR 2125 |
Sialkot | PKR 230,800 | PKR 2125 |
Attock | PKR 230,800 | PKR 2125 |
Gujranwala | PKR 230,800 | PKR 2125 |
Jehlum | PKR 230,800 | PKR 2125 |
Multan | PKR 230,800 | PKR 2125 |
Bahawalpur | PKR 230,800 | PKR 2125 |
Gujrat | PKR 230,800 | PKR 2125 |
Nawabshah | PKR 230,800 | PKR 2125 |
Chakwal | PKR 230,800 | PKR 2125 |
Hyderabad | PKR 230,800 | PKR 2125 |
Nowshehra | PKR 230,800 | PKR 2125 |
Sargodha | PKR 232,500 | PKR 2125 |
Faisalabad | PKR 232,500 | PKR 2125 |
Mirpur | PKR 232,500 | PKR 2125 |
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