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

Haider Ali 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

Haider Ali

The writer is a civil servant.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 4, 2023

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

Today's gold rates in Pakistan | gold price in Pakistan – June 4, 2023

Gold Rate In Pakistan Today:

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.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

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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