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Pakistan’s Eiwan Developments becomes talk of town at the International Property Show in Dubai

10:11 PM | 12 Apr, 2018
Pakistan’s Eiwan Developments becomes talk of town at the International Property Show in Dubai
DUBAI - Going head to head with the largest urban developers in the world, Pakistan’s Eiwan Developments became the talk of town at the International Property Show, hosted in the World Trade Center, Dubai, from April 9 to 11th. As a positive sign of global investor confidence in CPEC, a Pakistani developer won hearts and minds at the biggest property exhibition in the Middle East, with thousands of investors registering their interest with Eiwan.

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.

Eiwan’s story is Pakistan’s story


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.

Oshun by Eiwan




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

The writer is a civil servant.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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