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REAL ESTATE BUSINESS   Message List  
Reply | Forward Message #123 of 177 |

We are a group of companies involved in real estate, construction.

Pakistan is a country with a population of 150 million people. The
spending power is ever increasing. The real GDP growth from 2001 –
2004 is 5% and 7.8% for 2005. The per capita is US $ 2400.

We are at growth stage and looking for investors on long-term basis.
The current projects we are working on are setting of CNG fuel
stations and construction of small 2 bed homes / flats for lower-
middle class.

Project Construction:

The housing requirements are ever increasing with the increase in
population. The cost of land has sky rocketed in major cities. The
cities have expanded to more than 30 – 40 miles away from main
business centers. The cost of 4500 sq ft piece of land is costing
around 5.0 – 7.5 million rupees on outer boundary of city where as
the same size of plot is costing 2 to 3 times anywhere in the city
area.

The people purchasing power has the range of 5.0 to 7.5 million
rupees in the city limits and near to business and commercial areas
of the city. But the prices due to size of land parcels in the city
area are out of limit for common person. Due to this developers like
ours are purchasing the big land pieces and developing it into small
town houses & 2 room flats for middle-income group. The average
profit from each unit of house sold is about 15 - 25% of sale price.
The construction period is 6-9 months. The investment is rotated at
least thrice in 2 years because most of the units are sold during
the construction and cash is reinvested to buy land for next project
and start the development.

A company is being setup as a private limited concern with
authorized capital of 200 million Pak rupees, each share of Rs/=
1,000,000 (1 million Pak rupees). To view the equivalent in your
currency, go to http://www.oanda.com/convert/classic an exchange
rate information portal.

If you are looking to become part of this and other projects in line
for future, do contact us for further details.

Sheikh Azam
Tel: +92 333 65 91 777
Email: azam@...





Fri Jun 15, 2007 12:27 pm

easternestate
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Message #123 of 177 |
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We are a group of companies involved in real estate, construction. Pakistan is a country with a population of 150 million people. The spending power is ever...
easternestate
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Jun 15, 2007
12:30 pm
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