A group of leading developers has planned to construct one of the tallest buildings in Diplomatic Enclave, Islamabad to cater to the needs of consumers.
The 25-story structure will be one of the most iconic buildings in the Federal Capital having hundreds of luxury residential apartments, showrooms, shops, play areas, restaurants, etc.
The environment-friendly project will also have swimming pools, a fitness center, a movie theatre, and other facilities.
Talking to reporters, the group of developers including former VP FPCCI Atif Ikram Sheikh, former president ICCI Sardar Yasir Ilyas who also owns The Centaurus Mall, owner of Silver Oaks Ch. Naseer, and former VP FPCCI Karim Aziz Malik said that there is a need for the construction of high-rise buildings in the Federal Capital to control its inappropriate expansion.
The Federal Capital was always considered as an identity for a country, therefore provision of the latest residential and commercial facilities in Islamabad is necessary, they added.
Atif Ikram Sheikh said that the government was providing opportunities for a secure investment in the country. Valuable revenues will be generated from the commercial and residential projects that could be spent on welfare projects.
He said that the project with a magnificent design and international standards will cost billions of rupees and will be completed in time which will be a great addition to the iconic buildings in Islamabad as top architects, consultants, and contractors of the country with good reputation have been hired to complete the job.
Atif Ikram Sheikh who has also served as Chairman PVMA said that the construction of such buildings will also enhance the beauty of the city and make Islamabad one of the developed cities.
Despite the uncertainty, runaway inflation, and economic contraction in the country and real estate remains one of the most promising markets in Pakistan which is attracting heavy investments, and improving laws can help attract billions of dollars from abroad as there is a big housing deficit in Pakistan, said Atif Ikram Sheikh.
