24-Feb-2024
Shaikhani Cultural City: A Joint Venture with DHA City
In a joint venture with DHA City, the Shaikhani Group is set to develop Shaikhani Cultural City in Sector 14 of DHA City. This ambitious project aims to be an architectural masterpiece and a cultural blend, encapsulating the essence of Pakistani culture, landmarks, and heritage, while also incorporating influences from renowned architectural wonders worldwide.
Shaikhani Cultural City will feature replicas of iconic Pakistani landmarks such as Lahore's Badshahi Mosque, Minar-e-Pakistan, Khyber Pass, Quaid-e-Azam's Ziarat Residency, Mazar-e-Quaid, Kothari Parade, and Frere Hall, as well as beautiful representations of Kashmir, Gilgit, and surrounding areas. The project will also include industrial malls, commercial and residential blocks with international themes such as Spanish, British, and Italian styles, showcasing traditional Pakistani craftsmanship and introducing tourists to the diverse cultural heritage of Pakistan.
The collaboration between DHA City authorities and the Shaikhani Group is a testament to their shared vision of creating a unique architectural venture that not only provides a serene living environment but also promotes cultural awareness and appreciation.
Quantity
- A mixed-use project featuring 125 and 500-yard villas, townhouses, and multicultural apartment buildings.
- Offering 2/3 bedroom apartments with a total of 3000+ apartments and 500+ villas and townhouses.
Value
- Affordable pricing ranging from 70 lac to 90 lac, with flexible payment plans spanning 3 to 5 years.
- The total value of the project is approximately 4.7 billion PKR, with Phase 1 estimated at 2.4 billion PKR and Phase 2 at 2.3 billion PKR.
- The focus is on attracting overseas investors to invest in Pakistan.
DHA City Karachi: A Sustainable Green Smart City
DHA City Karachi is an ambitious project by the Defence Housing Authority (DHA) that aims to transform over 11,640 acres of ordinary land into a high-end, diversified real estate development. Envisioned as a sustainable green smart city, DHA City Karachi focuses on centralized governance, inclusiveness, and sustainability of resources through the use of cutting-edge technologies. Located 56 kilometers from Karachi, the community is planned to be self-sufficient in water and electricity, ensuring a sustainable and eco-friendly living environment.
The project, with an estimated construction cost of 1 billion dollars, is set to include a wide array of facilities such as two theme parks, one hospital, one university, 20 colleges, and 40 schools, along with townhouses, healthcare facilities, educational institutions, a visitors center, a cafe, an amusement park, a clubhouse, and a mosque. Customer satisfaction remains a cardinal factor in DHA City Karachi's marketing strategy, with modern architectural design and civil engineering services embedded at the heart of its land development paradigm.
Shaikhani Group: A Multinational Diversified Business Conglomerate
The Shaikhani Group of Companies, formerly known as Memon Group of Companies, is a multi-billion dollar international business conglomerate with diversified interests in real estate development, trading, manufacturing, and IT sectors. Headquartered in Dubai, the group has a strong market presence across 90 countries in Asia, Africa, Europe, and the Middle East, thanks to a recent major restructuring initiative.
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