Zameen Ace Mall Construction Update — June 2021

Islamabad: One of Islamabad’s eagerly anticipated projects, Zameen Ace Mall, is undergoing speedy construction work. As per the details shared from the construction site, the excavation work, anchoring and boring works are in progress. It has been informed that the drainage work has been completed already, and the pace of the other foundational work is expedited to ensure project delivery.

Read: Fast-paced development, solid investment prospects raise demand for Zameen Ace Mall commercial units

Zameen Ace Mall’s impact on the real estate landscape of twin cities

Launched in July 2019, Zameen Ace Mall is a grand multipurpose real estate development that will offer residential, commercial, and entertainment facilities once it opens its doors to the residents of twin cities. The 14-storey high structure provides an all-inclusive inventory package for homebuyers, shoppers, and investors.

Already, the project is almost all sold-out with only a few split-level penthouses, commercial units, and hotels apartments left for grabs. Given its location in Defence Housing Authority (DHA) – Phase 2, the project is in a strategic position to cater to the markets of both Islamabad and Rawalpindi.

Market factors influencing construction at Zameen Ace Mall

The construction work on Zameen Ace Mall — after some unforeseeable disruptions — has reverted to its original track. Owing to the breakout of the coronavirus pandemic, the construction industry was brought to a sudden halt. The said industry is majorly dependant on the imported supplies and with the trade links clogged, the price of construction materials soared sky-high. As per the market figures of the year, steel and cement rose by a staggering 30% and 20%. Copper — another essential construction necessity — reached the highest ever price in the international market and witness an increase of around 60%. The pricing fluctuations of the construction materials are expected to prevail until 2022, and has (to date) contributed to over 50% construction cost increase.

However, Pakistan buyers’ partiality for the real estate market has helped the sector regain its growth streak after the first wave of COVID-19, and this agile trend has lent a greater advantage to customers in the longer term. As for Zameen Ace Mall, despite the unexpected increase in the project’s overall cost, the developers are still keen to deliver it as per the standing commitment.

Investment prospects of Zameen Ace Mall

The location of Zameen Ace Mall, as mentioned before, has its strategic advantages, which is why the introductory price of real estate units in the vicinity have surged by 25%. The investors of Zameen Ace Mall themselves have gained a staggering 40% profit margin since its launch. However, the interested parties should know that the capital gains for the project are estimated at a massive 90% once completed, so the buyers will all be benefitted handsomely.

How to become part of this profitable investment?

There are only a few units available for sale in the Zameen Ace Mall. So, if you are planning to carve a piece of such tremendous profit gains, you should hurry and reach out to us through WhatsApp or fill the form on this webpage. In case of any queries, please leave us a comment below.