Search

Leading western lifestyle brands enter Lahore in style

Mujtaba Ali Shah 05:57 PM | 12 Sep, 2021
Leading western lifestyle brands enter Lahore in style

By Mujtaba Ali Shah

LONDON – Leading brand Versace ceramics has announced that it will be entering Pakistan’s real estate market through a luxury housing project in Lahore which will generate investment of around $30 million.

UAE based Diyar Homes announced collaboration with leading Italian design house Versace ceramics and Gardenia Orchidea on their $30 Million One Canal Road, luxury residential scheme in Lahore, at a press conference here at the Grosvenor House Hotel on Park Lane.

The press conference was addressed by Zeeshaan Shah, Co-founder Diyar Homes; Shaan Abbas, Director Diyar Homes Marketing, Francesco Lano, Business Development Director of Versace Ceramics from Italy; Kobi Karp; CEO and Founder Kobi Karp Architecture, Miami, USA; and Sara Rahal, CEO and Founder The Haute Interiors, Chicago, USA; and Kelly Birchmore of Diyar Homes.

Versace’s Francesco Lano especially flew in from Milan to take part in the press conference to announce entering into Lahore through the mega investment project. Lano announced that Versace ceramics will decorate walls and flowing at One Canal Road in Lahore will be decorated by Versace ceramics.

He said that this will be a first of its kind project in Lahore.

Zeeshaan Shah, who is leading the project, said: “It is an honour for us to be bringing a company of this stature to our project in Pakistan. We have worked with Versace Ceramics and Gardenia Orchidea on our international projects and now to bring them to Pakistan is a testament to the new levels of luxury One Canal Road will introduce to Lahore.

 “Under the current design scheme at One Canal Road we’re looking at a record breaking 20,000 square feet+ of amenity space including a majestic 6500 square feet lobby entrance with 28 feet high ceilings, which will all be finished in the finest Italian Versace ceramics. This level of finishing and amenities are usually only found in the world’s most luxury hotels and that is the lifestyle we’re introducing to residential real estate.

“At Diyar Homes we look at real estate in it’s true essence through the prism of lifestyle, what is the function of good real estate, it improves standards of living and this customer centric approach is at the very forefront of our development process. When starting a project the first question we ask ourselves is how can this project change people’s lives. Then by leveraging our international development expertise and global network of leading development consultants with the utmost attention to detail, we look to not only raise standards of living but create lifestyles.”

Representing Versace Ceramics and Gardenia Orchidea, Francesco Lanno said the leading Italian brand was excited to be working on a first of it’s kind development in Pakistan.

The British Pakistani businessman said: “At Gardenia we look to develop long-term collaborations with like minded and design conscious luxury developers and I’m certain our global collaboration will continue to gain strength as they now roll out their super luxury developments across Pakistan and internationally.”

Zeeshan Shah said that Versace Ceramics surfaces are designed to transfer the luxury and exclusive elegance of the Versace lifestyle to all areas of the home, from the floors, through the living areas, to the bathroom.

He said: “In every design project the iconic subjects of Versace the fashion house become decorative accessories and transform spaces into unique and special settings when combined with ceramic slabs. The brand has been the ceramic of choice for numerous high-end private homes as well as royal residences and hotels across the world.”

Mujtaba Ali Shah

Mujtaba Ali Shah is Daily Pakistan's UK Bureau Chief and Reporter. He reports regularly on Pakistani community news reports from London. He writes for the Daily Pakistan news and reports for the digital properties of Daily ...

Advertisement

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 February 7, 2022 (Tuesday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 278.9 282.15
Euro EUR 296.66 297.26
UK Pound Sterling GBP 331.71 332.41
U.A.E Dirham AED 74.8 75.1
Saudi Riyal SAR 73.21 73.51
Australian Dollar AUD 190.31 192.72
Bahrain Dinar BHD 732.23 740.23
Canadian Dollar CAD 205.22 207.42
China Yuan CNY 40.72 41.12
Danish Krone DKK 39.92 40.32
Hong Kong Dollar HKD 35.08 35.43
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 900.32 909.32
Malaysian Ringgit MYR 64.65 65.25
New Zealand Dollar NZD 174.19 176.19
Norwegians Krone NOK 27.12 27.42
Omani Riyal OMR 715.11 723.11
Qatari Riyal ‎QAR 75.64 76.34
Singapore Dollar SGD 208.03 210.03
Swedish Korona SEK 26.1 26.4
Swiss Franc CHF 297.31 299.81
Thai Bhat THB 8.25 8.4

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 202,200 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs173,360.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

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 202,200 PKR 2,350
Karachi PKR 202,200 PKR 2,350
Islamabad PKR 202,200 PKR 2,350
Peshawar PKR 202,200 PKR 2,350
Quetta PKR 202,200 PKR 2,350
Sialkot PKR 202,200 PKR 2,350
Attock PKR 202,200 PKR 2,350
Gujranwala PKR 202,200 PKR 2,350
Jehlum PKR 202,200 PKR 2,350
Multan PKR 202,200 PKR 2,350
Bahawalpur PKR 202,200 PKR 2,350
Gujrat PKR 202,200 PKR 2,350
Nawabshah PKR 202,200 PKR 2,350
Chakwal PKR 202,200 PKR 2,350
Hyderabad PKR 202,200 PKR 2,350
Nowshehra PKR 202,200 PKR 2,350
Sargodha PKR 202,200 PKR 2,350
Faisalabad PKR 202,200 PKR 2,350
Mirpur PKR 202,200 PKR 2,350

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter