Search

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

Advertisement

Pakistani rupee remains stable against US Dollar, Euro, Pound, Riyal and Dirham; Check forex rates

Pakistani rupee remained stable against the US dollar, and other currencies in the open market on Friday.

Dollar Rate in Pakistan Today

On Friday, the US dollar remained stable and was being quoted at 283.2 for buying and 286.15 for selling.

Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.

Today's currency exchange rates in Pakistan - 8 December 2023

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.2 286.15
Euro EUR 308 311
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.4 78.1
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 757.23 765.23
Canadian Dollar CAD 209 211
China Yuan CNY 39.89 40.29
Danish Krone DKK 41.19 41.59
Hong Kong Dollar HKD 36.41 36.71
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 921.71 930.71
Malaysian Ringgit MYR 61.02 61.62
New Zealand Dollar NZD 174.54 176.54
Norwegians Krone NOK 26.05 26.35
Omani Riyal OMR 739.62 747.62
Qatari Riyal ‎QAR 78.22 78.92
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.12 27.42
Swiss Franc CHF 324.94 327.44
Thai Bhat THB 8.06 8.21

Gold prices in Pakistan increase; Check out latest rates here

Gold price in Pakistan increased as the yellow metal witnessed an upward trend in the international market.

Gold Rates in Pakistan Today - 8 December 2023

On Friday, the price of a single tola of 24-karat gold stands at Rs217,400 and 10 grams of 24k gold costs Rs186,390.

Single tola of 22 Karat Gold costs Rs199,282, 21 karat rate for per tola is Rs190,225 and 18k gold rate is Rs163,050 each tola.

In the global market, gold prices hover at around $2026, gaining $8.30 on Friday.

Today Gold Rate in Pakistan

Today Gold Price in Pakistan (8 December 2023)

City Gold Silver
Lahore PKR 217,400 PKR 2,583
Karachi PKR 217,400 PKR 2,583
Islamabad PKR 217,400 PKR 2,583
Peshawar PKR 217,400 PKR 2,583
Quetta PKR 217,400 PKR 2,583
Sialkot PKR 217,400 PKR 2,583
Attock PKR 217,400 PKR 2,583
Gujranwala PKR 217,400 PKR 2,583
Jehlum PKR 217,400 PKR 2,583
Multan PKR 217,400 PKR 2,583
Bahawalpur PKR 217,400 PKR 2,583
Gujrat PKR 217,400 PKR 2,583
Nawabshah PKR 217,400 PKR 2,583
Chakwal PKR 217,400 PKR 2,583
Hyderabad PKR 217,400 PKR 2,583
Nowshehra PKR 217,400 PKR 2,583
Sargodha PKR 217,400 PKR 2,583
Faisalabad PKR 217,400 PKR 2,583
Mirpur PKR 217,400 PKR 2,583

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter