The Arif Habib Group and Meezan Bank Limited will build residential buildings in Naya Nazimabad, according to a news source.<\/p>\n
Both companies have formed a strategic alliance to build and eventually sell residential projects. This agreement would also allow clients to choose MBL’s Shariah-compliant home finance services.<\/p>\n
With Meezan Bank’s Musharakah deal with the Global Residency REIT, three residential towers with 408 two-bedroom units will be built.<\/p>\n\n
The construction of the skyscraper has begun and is scheduled to be finished within the next 18 months.<\/p>\n
Furthermore, Meezan Bank will contribute 50% of the equity in three of the nine buildings being built by the GRR under the Musharakah agreement.<\/p>\n
MBL and GRR will each contribute 50% of the cost of these flats. Finally, the necessary permissions from the SECP and SBCA have been obtained.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Arif Habib Group and Meezan Bank Limited will build residential buildings in Naya Nazimabad, according to a news source. Both companies have formed a strategic alliance to build and eventually sell residential projects. This agreement would also allow clients to choose MBL’s Shariah-compliant home finance services. With Meezan Bank’s Musharakah deal with the Global Residency REIT, three residential towers with 408 two-bedroom units will be built. The construction of\u2026<\/p>\n","protected":false},"author":2,"featured_media":1785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2022\/08\/MBL.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2022\/08\/MBL.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2022\/08\/MBL.jpg",1000,560,false]},"author_name":"Nazzir Zaidi","categories_name":["News"],"title_text":"Meezan Bank Limited and Arif Habib Group in Alliance to Build and Sell Apartment Towers","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=1784","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/1784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=1784"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/1784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/1785"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=1784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=1784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=1784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}