How Zameen Developments Reached New Heights in 2020

IN THIS POST
– Mall 35, Rawalpindi
– Zameen Ace Mall, Islamabad
– Zameen Aurum, Lahore

Aspiring to transform the urban landscape of Pakistan with its innovative projects, Zameen Developments is one of the most popular and trustworthy names in the development sector of the country. As the real estate development arm of Emerging Property Group (EMPG), it works in synergy with sister concern Zameen.com, the most successful property platform in the country, to boost economic activities and create more employment opportunities in the construction-related fields.

For Zameen Developments, 2020 was certainly a big year. Apart from becoming one of the major players in the real estate sector of Pakistan, the prestigious development company also remained at the forefront of the real estate boom in the country, offering domestic and overseas buyers with lucrative investment opportunities in its ultramodern projects, such as Zameen Ace Mall, Zameen Ace Homes, Zameen Opal, Mall 35, and Zameen Aurum.

With the year coming to an end, it’s time we hit the brakes and take a moment to look at how Zameen Developments contributed to the real estate industry by reaching new heights in 2020. 

How Zameen Developments Reached New Heights in 2020

From the groundbreaking ceremony of Mall 35 in Rawalpindi to the launch of Zameen Aurum in Lahore, 2020 was a rather fruitful year for Zameen Developments in Pakistan.

Here is a comprehensive look at how this popular and well-regarded development company fared in the past year. 

Groundbreaking Ceremony of Mall 35 in Saddar, Rawalpindi

In January 2020, Zameen Developments and EBCO Constructions, an entity of the Elahee Buksh Group, held the groundbreaking ceremony of their highly anticipated joint venture named Mall 35 in Saddar, Rawalpindi. 

Bringing promising investment prospects for overseas Pakistanis, Mall 35 is an ultramodern mixed-use complex located in the business hub of Rawalpindi that has been flawlessly designed to offer investors a diverse range of real estate offerings. The 10-storey luxury real estate development promises an elegant living, shopping and dining experience with its hotel apartments, retails outlets, food court, and mega hypermart.

Approved by Cantonment Board Rawalpindi, Mall 35 has two entire basement floors dedicated to car parking while the lower ground, ground and first floors are meant for commercial outlets, kiosks and the hypermart. The second and third floors will also house commercial outlets as well as a sprawling food court and a well-designed play area for children. The fourth, fifth and sixth floors of the aesthetically pleasing building will be reserved for extravagant hotel apartments managed by a dedicated team of professionals, allowing investors to earn a generous daily rental income.

Along with addressing a shortfall of hotel apartments in Rawalpindi, Mall 35 also features a striking façade, graceful interior design, AI-supported power conservation system, temperature control system, earth-quake resistant building, modern fitness club, fine dining options and much more.

Mall 35, which is considered one of the top Zameen Developments projects, is expected to be delivered within the next 3 years. It also promises an annual rental yield of up to 7%.          

Commencement of Development Work at Zameen Ace Mall in DHA, Lahore 

In August 2020, Zameen Developments also commenced the development work of its spectacular Zameen Ace Mall. A joint venture of Zameen Developments, ACE Group, and the MIH Group, this mixed-use project is the latest addition to the posh housing society of DHA, Islamabad.

The 14-storey mixed-use development seamlessly blends innovative features with well-designed residential and commercial units in one incredible package. Promising a modern living and shopping experience, Zameen Ace Mall is all set to feature a luxury mall, elegant hotel apartments, restaurants, kiosks and beautifully designed studio, 1-bed, 2-bed, 3-bed apartments along with contemporary-style split-level penthouses. In addition to that, the high-end complex is strategically located right in Sector J of DHA Phase 2 near Islamabad Expressway. It also enjoys easy accessibility from the GT Road. 

Additional features of Zameen Ace Mall include European-inspired architecture, central air conditioning, earthquake-resistant structure, AI power conservation system, dedicated car parking, and much more. The project also offers all the latest amenities and facilities required for a comfortable and luxurious lifestyle.

It is worth mentioning the inventory of apartments in Zameen Ace Mall have already been sold out, though a limited number of commercial outlets are still available for sale. Moreover, the hotel apartments in Zameen Ace Mall promise a rental yield of 7% along with the expected capital gain of 75% to 200% in the next 4 years.

The Launch of Zameen Aurum in Gulberg, Lahore 

In October 2020, Zameen Developments launched the high-end apartment project of Zameen Aurum in Gulberg III, Lahore. Owing to its outstanding architecture, contemporary design palate, superior construction standards and exceptional amenities, the state-of-the-art high-rise immediately caught the eye of genuine buyers and investors, becoming one of the most popular apartment buildings in Gulberg, Lahore.

Located in the vicinity of PAF Complex just opposite the entrance of Model Town on Ferozepur Road, Zameen Aurum is nothing less than a jewel in the crown of Lahore’s property market. The striking 15-storey vertical development features classic studio, 1-bedroom, 2-bedroom and 3-bed apartments as well as deluxe penthouses and sophisticated commercial outlets. 

The Lahore Development Authority (LDA) has approved the development of Zameen Aurum, making it one of the safest investment options in the city. It has also been registered with the Federal Board of Revenue (FBR), which means investors can enjoy immunity from declaring their source of income while buying a property in Zameen Aurum, Lahore.

Some of the most praiseworthy features of Zameen Aurum include a rooftop recreational area, earthquake resistant structure, an uninterrupted supply of electricity, secured car parking, in-house café, mini-cinema, and an e-tag controlled entry system. These features not only set Zameen Aurum apart from other high-end apartment projects in Lahore but also guarantee a high return on investments. 

The one-of-a-kind project of Zameen Aurum is projected to receive an annual rental yield of 5% to 7% with further capital gains of 50% to 60% in the next 3 years. 

There you have it – an in-depth overview of how Zameen Developments projects reached new heights in 2020. 

If you are interested in learning more about the latest projects of Zameen Developments in Pakistan, here is how you can get in touch with the real estate development company.

Address: Pearl One, 94-B/1, MM Alam Road, Gulberg III, Lahore.

UAN: 111-888-888

Email: info@zameendevelopments.com

In the meantime, you can also share your concerns and feedback with us at blog@zameen.com  along with subscribing to our email newsletter and Facebook page.

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