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Pakistan's real estate sector is worth around $1.8 trillion. According to the Pakistan Bureau of Statistics, [5] construction output accounts for 2% of GDP, with housing representing less than half that total. With the rate of urbanization that Pakistan has been experiencing, there is a growing need for urban planning. [6] [5]
In 2016, TPL Properties changed its status from a private limited company to a public company and was listed on the Pakistan Stock Exchange, following an initial public offering at a strike price of PKR 12.50. [4] [5]
Pakistan State Oil: Rs. 206.89 billion (US$720 million) Karachi: Petroleum [2] 17: Standard Chartered Pakistan: Rs. 205.19 billion (US$710 million) Karachi: Banking [2] 18: Systems Limited: Rs. 181.10 billion (US$630 million) Lahore: Information technology [2] 19: Pakistan Oilfields Limited: Rs. 179.29 billion (US$620 million) Rawalpindi ...
DG Cement was established in 1986 by state-owned company, State Cement Corporation of Pakistan in Dera Ghazi Khan. [5] The plant was supplied by Ube Industries of Japan. [5] In 1992, DG Cement was acquired for PKR 1,799 million ($73.5 million) by Saigol Group under the privatization scheme of the Government of Pakistan.
Pace Woodlands Housing Scheme, Bedian Road, Lahore, Pace Circle, Peacock Valley Hotel and Resort and Pace Tower, T-27 are also projects of pace Pakistan. Pace Woodlands is a private limited company and a subsidiary of Pace with 52% shareholding. The rest shares are held by Pace Barka properties limited, one of the associated companies.
Atlas Group is a group of companies headquartered in Lahore, Pakistan. [1] [2] The group was founded by Yusuf H. Shirazi who was the chairman of Atlas Group.He was also the founder member of Karachi Stock Exchange, Lahore Stock Exchange and International Chamber of Commerce and Industry. [3]
In 2012, the group launched Hotel One, a mid-range hotel chain in Pakistan. [3] In 2008, Hashoo Group founded a budget hotel chain called Hotel One which operates on the franchising model. [4] In October 2013, Tullow Pakistan exited the Pakistani market and sold its assets to Ocean Pakistan Limited, a subsidiary of the Hashoo Group. [5]
There are over 1,130 Hindu temples and 517 gurdwaras in Pakistan. [2] The board controls and manages 109,404 acres of agricultural land and 46,499 acres of built-up urban sub-units [4] in accordance with “Scheme for the Lease of Evacuee Trust Agricultural Land, 1975” and “Schemes for the Management and Disposal of Urban Evacuee Trust Properties, 1977.