Pakistan Real Estate Development projects

[Hyde]

@ Sparklingway

What is your opinion about Karachi Crescent Bay project (shown in post #4)

i will clear my question later if you did not understand what i mean

 

[sparklingway]

@ Sparklingway

What is your opinion about Karachi Crescent Bay project (shown in post #4)

TechLahore and I had a very similar and interesting, thought provoking and really engaging discussion in this thread. Crescent Bay comes into the discussion along with a number of other projects.

Summarized, Crescent Bay is being constructed on reclaimed land catering yet again to the upper middle class at exorbitant prices.

As people we daily meet, greet and talk to mostly belong to the upper middle class/middle class, it is difficult for us to imagine the extent of the housing problem for the proletariat and working class people. More than 40 percent people in Lahore live in slums and shanty towns and this figure is around 60 percent in Karachi's case. This country was made for those who did not have anything, they fought for this country and we who have everything are not catering to their needs.

 

[Creder]

Karachi Financial Towers [Under Construction]

Work has begun on what will be the first and tallest commercial skyscraper venture in Pakistan.

Named Karachi Financial Towers (KFT), the project is aimed at the burgeoning "Y Generation", the marketing speak for yuppies and international investors.

Elegance, the perfect environment and being able to provide everything the modern worker and consumer could desire appear to be the main criteria for this scheme, which according to the proposed plans may be realized as soon as the summer of 2010.

With the tallest standing at a respectable 198 metres high, the complex features twin oval shaped towers with sloping roof-lines that are arranged perpendicular to each other and joined together by a sky bridge. The edges looking out are partially balconied creating exterior space for the buildings inhabitants.

Sited centrally in Karachi's main business district, the towers will cover a whopping 130,000 square metres and will feature identically three levels of basements, two levels of retail space, five levels of podium parking providing approximately 1800 parking spaces and thirty three levels of above podium, grade A office space.

Where the sky bridge impales the towers at floors 24-29 a leisure zone will feature containing the usual facilities such as a swimming pool and a gardened terrace open to the elements and complete with stunning views of the surrounding area. The Sky Bridge itself will be home for an Elite Business Club, perfect positioning to view the minions busy at work over a glass or two of chilled champers.

Developers Enshaa NLC are billing the build as state of the art which compared with the rest of the world may be a bit of a overstatement compared to the high-tech gloss of London or Shanghai but, as a first tower of its kind in the country its appearance alone marks a step forwards by Pakistan to modernity.

 

[FireFighter]

TechLahore and I had a very similar and interesting, thought provoking and really engaging discussion in this thread. Crescent Bay comes into the discussion along with a number of other projects.

Summarized, Crescent Bay is being constructed on reclaimed land catering yet again to the upper middle class at exorbitant prices.

As people we daily meet, greet and talk to mostly belong to the upper middle class/middle class, it is difficult for us to imagine the extent of the housing problem for the proletariat and working class people. More than 40 percent people in Lahore live in slums and shanty towns and this figure is around 60 percent in Karachi's case. This country was made for those who did not have anything, they fought for this country and we who have everything are not catering to their needs.

Beautifully put. Housing industry is probably the biggest internal issue facing this country.

Do you really think the current govn't led by PPP is in any position to make such reforms? or other Political Parties?


Some people used to sleep on footpaths and gardens at night, usually labourers from other cities, but Slums and Shanty towns were never heard of in Lahore when I was there in the 90s. What part of lahore are they in now?

Very sad and pathetic, if it's true.

 

[SHAMK9]

nice job guys keep sharing

 

[sparklingway]

Beautifully put. Housing industry is probably the biggest internal issue facing this country.

Do you really think the current govn't led by PPP is in any position to make such reforms? or other Political Parties?


Some people used to sleep on footpaths and gardens at night, usually labourers from other cities, but Slums and Shanty towns were never heard of in Lahore when I was there in the 90s. What part of lahore are they in now?

Nobody is in any position to tackle nor do I think there is a will to do so. Besides, there are "bigger issues". Political statements for low cost housings are always half promises for gathering support. PHA is a near dead authority doing almost nothing except routine balloting for its old schemes.

People still sleep on footpaths across the country, not as much as in India though. Islamabad's homeless sleep in large numbers in the wide green patches on 7th Avenue and Kashmir Highway (especially near their intersection).

Slums in Lahore are spread across what can be referred to as its poor suburbs including Shahdara, outskirts of mazang and almost all over the NNE part of Lahore (also people of Charrar Pind who were forcibly relocated when DHA came along). I not being a Lahorite cannot say exactly, though I can get you exact details. Ahmed Rafay Alam has written a piece about it recently and here's an NGO dedicated to it.

Most people traveling across Lahore don't see slums because they are hidden from "our view" for we never travel to those parts of town.

 

[Creder]

 

[Creder]

 

[sparklingway]

YouTube - Karachi Port Trust Tower 77 Enclave, www.kpt.gov.pk

KPT Tower is dead. It was announced nearly four years ago and has been shelved. To me it seems like it was just a PR exercise and there wasn't even a real intention to build this thing.

Bahria's ICON Tower is under construction in Karachi. Lahore's Mubarak Centre is under construction as well. So is Karachi's IT Tower.

You can go to Skyscraper City Forums as they cover these things quite massively.

This is their project page broken down citywise.

PS: Bahria has kept hush hush about the tower design and most designs posted are from a PP presentation. That specific design clearly isn't being followed seeing the way construction is happening.

PS2: Mubarak Center was earlier known as Sheikh Zayed Center. It has run into some some financing problems recently.

 

[Hyde]

PS2: Mubarak Center was earlier known as Sheikh Zayed Center. It has run into some some financing problems recently.

Its not a financing problem one of my dad's friend (along with his Son) met me in Madina (who also went to Perform Hajj and lives in Lahore/Gujrat) told me while they were digging the land the water started coming out from that ground so they suspended the project for now (until unknown time).

 

[sparklingway]

Its not a financing problem one of my dad's friend (along with his Son) met me in Madina (who also went to Perform Hajj and lives in Lahore/Gujrat) told me while they were digging the land the water started coming out from that ground so they suspended the project for now (until unknown time).

لے اے کی بکواس ہے. پانی کسی اور نے چیک کرنا تھا ​

 

[FreekiN]

I have started to save up some pocket money for when I go to Pakistan. I'm gonna stay a day or two in the Centaurus hotel.

 

[SHAMK9]

KPT Tower is dead. It was announced nearly four years ago and has been shelved. To me it seems like it was just a PR exercise and there wasn't even a real intention to build this thing.

Bahria's ICON Tower is under construction in Karachi. Lahore's Mubarak Centre is under construction as well. So is Karachi's IT Tower.

You can go to Skyscraper City Forums as they cover these things quite massively.

This is their project page broken down citywise.

PS: Bahria has kept hush hush about the tower design and most designs posted are from a PP presentation. That specific design clearly isn't being followed seeing the way construction is happening.

PS2: Mubarak Center was earlier known as Sheikh Zayed Center. It has run into some some financing problems recently.

why is kpt tower has been cancelled

 

[sparklingway]

why is kpt tower has been cancelled

Maybe because it was unrealistic and not needed?
Or maybe it was a PR event just to show off an idea?

There is some conflicting news though. Initially it was supposed to be a 593m (precisely 1,947 ft in memory of our year of independence) and just a multi purpose tower but some people are saying that KPT claims to have the funds but is now looking for a tower complex like project. There has not being any groundwork though (its been six years since it was announced).

 

[Creder]

Maybe because it was unrealistic and not needed?
Or maybe it was a PR event just to show off an idea?

There is some conflicting news though. Initially it was supposed to be a 593m (precisely 1,947 ft in memory of our year of independence) and just a multi purpose tower but some people are saying that KPT claims to have the funds but is now looking for a tower complex like project. There has not being any groundwork though (its been six years since it was announced).

actually sparkles there was work going on it till late last year, Im not too sure about what your saying you gotta source or something ?