Samana Developers Enters Pakistan Real Estate Market
Dubai-based Samana Developers is entering the Pakistan market. The partnership has launched Emirates Developers, a new real estate development company incorporated in Pakistan.
Emirates Developers will build mixed-used resort-themed communities in the tourist hotspots of Pakistan.
Residential projects will include one, two, and three-bedroom apartments, penthouses and suites of different size
The agreement signing ceremony was witnessed by His Excellency Hassan Afzal Khan, Consul-General of Pakistan to Dubai, along with officials of the Consulate General of Pakistan, Samana Developers, and H&S Real Estate.
His Excellency Hassan Afzal Khan, Pakistan Consul-General to Dubai, while appreciating the strategic partnership, said: “It is a proud moment for all of us and for the Pakistani community in Dubai that we are witnessing a double success story of Samana Developers and H&S Real Estate going to be replicated in Pakistan
Mr. Imran Farooq, CEO of Samana Developers, said: “We are coming to Pakistan with high ambitions and bullish mindset.
“Despite the drop in currency, Pakistan’s real estate market is quite attractive with year-on-year growth projection as we see Pakistan’s population, which needs housing, continues to grow.”
Emirates Developers will launch first mega project at a tourist hotspot of Pakistan in January 2022. Details of the projects will be revealed at a press conference to be held in Islamabad, the capital of Pakistan.
Samana Developers Enters Pakistan Real Estate Market