EIGHTEEN ISLAMABAD: A Place to Reflect | A Place to Relate Luxurious Villas

Eighteen Islamabad is a exclusive joint real estate venture of Ora Developers and Saif Group in the Eighteenth Sector of Islamabad near Motorway. Kohistan Builders and Developers – the builder of Zarkon Heights G15 Islamabad – is also joining in this luxurious project.

Ora Developers is owned by an Egyptian Billionaire Mr. Naguib Sawiris who had acquired Mobilink about 20 years back. The billionaire is again in Pakistan with a plan to revolutionize the real estate sector of Pakistan with estate of the art development project namely “Eighteen Islamabad”. Saif Group is the Pakistani conglomerate with business interests largely in textile, energy and real estate sectors.

Location:

The project seems to be located in sectors H17 and H18 on Kashmir Highway. The location is excellent as it gives easy access to Motorway, New Islamabad Airport and all parts of Islamabad and Rawalpindi through Kashmir Highway and GT Road.

Eighteen Islamabad will be spread across 2.77 million square yards that will also feature a 18-hole golf course. The project will consist of about 2,000 residential units – 1,068 villas of different sizes and over 900 apartments – along with commercial properties, meant to serve the upper-middle income groups.

Offerings:

The project will comprise luxury villas of various sizes, i.e. 10 marla, 1 kanal, 2 kanal, 4 kanal and 8 kanal – all facing the lavish golf course sprawling across the community.

Master Plan:

The master plan is conceptualized by Calisson RTKL and developed by renowned architects and urban planners WATG. The unique and challenging golf course has been designed by IDG in the UK. The project is being led by CEO, Tarek Hamdy, who explained why the scheme is so unique: “All the villas and apartments have been carefully located with views over the golf course and are linked by wide parkways and open streets.

The project will cost 2 Billion USD. The project will have 30% equity component that will be provided by the investors, while 30% amount will financed by the major banks of Pakistan.

No Objection Certificate:

The No Objection Certificates have been obtained from Capital Development Authority as Eighteen Islamabad already owns the required land for this project.

We expect that Eighteen Islamabad will establish new standards of housing development in Islamabad that will challenge the contemporary living standards in Pakistan.