On the 11th of July, 2019, Zameen.com laid the foundation of yet another milestone: Zameen Ace Mall. The groundbreaking launch of the mega project by Zameen Developments is being hailed as one of the biggest events of the year in the real estate market of Pakistan.
The ceremony came almost two months after the launch of Zameen Opal, the first residential project by Zameen Developments.
The actual site of the project in Sector J, DHA Rawalpindi-Islamabad Phase II, was chosen to host the event. Inauguration of the mall’s very first on-site office was also carried out simultaneously. CEO of Zameen.com Zeeshan Ali Khan and Ace Group’s CEO Usman Zafar Cheema attended the momentous occasion as guests of honor.
While praising the initiative, Khan said, “Zameen Ace Mall presents a refined combination of contemporary hotel, shopping, and living experiences. It promises to promote the culture of mixed-use developments in the country with a view to optimizing available space, and will InshaAllah address a large gap in the national real estate development market.”
Commenting on the current progress of Zameen Developments and the upcoming projects, he also said four more projects were in the pipeline for Zameen Developments in 2019.
“Two of our projects are already under construction in Lahore and Islamabad-Rawalpindi now, and we’re looking forward to launching another handful of projects around the country before the year is out. There are exciting times ahead,” Khan continued.
“Ace Group’s partnership with Zameen Developments is a strategic endeavour aimed at maximizing the strengths of both companies,” stated Cheema. “Pakistan is lagging behind in the region in the development of multipurpose buildings and this partnership aims to take this challenge head-on with well-planned residential and commercial projects,” he added.
Other prominent attendees of the ceremony included Zameen.com’s Country Head Ahmed Bhatti, Director Project Development Fahad Arif and Senior Director of North Region Hasan Danish. The event was also attended by the senior management of Zameen.com, Ace Group and MIH Group.
Offering premium features and amenities, Zameen Ace Mall is set to be the next big thing in the property market of Islamabad. It will be a 14-storey multipurpose building spreading over an area of 20 kanals (10,000 square yards), featuring 800 units that will comprise shops, residential complexes, hotel apartments and a state-of-the-art mall. Moreover, Zameen Ace Mall boasts traditional European-style architecture and an earthquake-proof structure. It is one of the capital city’s key real estate projects, which has been approved by DHA Islamabad.
Before going into details, let’s list down some of the key aspects of Zameen Ace Mall.
Situated in the J Sector of DHA Rawalpindi-Islamabad’s Phase II, Zameen Ace Mall enjoys a stellar location. This ultramodern mall is being constructed in proximity to some of the top areas of the twin cities like Bahria Town, PWD Housing Scheme and Naval Anchorage. Here are some other key details about the location of this project.
Counted among the most promising projects in the property market of Islamabad, Zameen Ace Mall offers features like 24/7 maintenance facilities, power backup and round-the-clock security. The project will also include a 3-floor basement parking, which will be enough to accommodate more than 800 vehicles.
Let’s take a look at the list of amenities that will allow the residents of Zameen Ace Mall to enjoy the privileges of luxury living.
If you are willing to invest in one of the residential units available for sale in Zameen Ace Mall, which is one of Islamabad’s most exclusive upcoming real estate projects, then you can choose from five types of properties including studio, 1-bed, 2-bed, 3-bed apartments and penthouses.
First of all, let’s take a look at the asking price of a studio apartment in Zameen Ace Mall, which is around PKR 35 lakh. Moreover, if you are willing to buy a 1-bedroom apartment here, then you will come across asking prices ranging between PKR 58.08 lakh and PKR 69.51 lakh.
The price of a 2-bedroom apartment in Zameen Ace Mall falls in the PKR 89.8 lakh to PKR 1.02 crore range. A 3-bedroom apartment in Zameen Ace Mall can cost somewhere around PKR 1.2 crore. The cost of investing in penthouse apartments in Zameen Ace Mall, which are the most luxurious units up for grabs, can vary from PKR 4.05 crore to PKR 5.33 crore.
Investors looking for fruitful business opportunities can explore shops at ground floor available for sale in Zameen Ace Mall. These commercial units have a price range starting from PKR 66.19 lakh, going up to PKR 8.7 crore.
With an expected capital gain of 75% to 200% in the next three years, Zameen Ace Mall can be termed as one of the most profitable investment opportunities in Islamabad. It comes with an attractive 4-year payment plan, which makes investing in Zameen Ace Mall extremely convenient. Here are some payment plans for the project that cater to different types of investors.
48-Month Installment Plan For Zameen Ace Mall With 30% Down Payment
|Property Type||Price Starting From||Installment Starting From (Per Month)|
|Shopping Mall||PKR 63 lakh||PKR 78,750|
|Apartments||PKR 33.5 lakh||PKR 41,910|
|Hotel Apartments||PKR 61 lakh||PKR 76,250|