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Crescent Bay, Karachi
Crescent Bay is a under-construction upscale mixed-use oceanfront development in Defence, Karachi, Pakistan consisting of 50 towers. It is one of the biggest projects in Karachi, Pakistan. The development features 50 high and mid-rise towers for residential and commercial use, a shopping centre, a five-star beachfront hotel and a tower located in the heart of the project. The development includes approximately 4,000 residential apartments. Launched on May 31, 2006, when completed the development would be the first development with a private beach and also the first based on reclaimed land. Even-though the development sold out in 2008, it faced significant delays, initially due to the liquidity crisis faced by Emaar Properties following the 2008 financial crisis. Later, due to a legal battle with DHA Ltd allegedly for breach of contract. The construction resumed in 2015 and is contracted to NESPAK. As of 2022, 38-storey Coral Tower (2 towers), Pearl Tower (3 towers) and Reef T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidity Crisis
In financial economics, a liquidity crisis is an acute shortage of ''liquidity''. Liquidity may refer to market liquidity (the ease with which an asset can be converted into a liquid medium, e.g. cash), funding liquidity (the ease with which borrowers can obtain external funding), or accounting liquidity (the health of an institution's balance sheet measured in terms of its cash-like assets). Additionally, some economists define a market to be liquid if it can absorb "liquidity trades" (sale of securities by investors to meet sudden needs for cash) without large changes in price. This shortage of liquidity could reflect a fall in asset prices below their long run fundamental price, deterioration in external financing conditions, reduction in the number of market participants, or simply difficulty in trading assets. The above-mentioned forces mutually reinforce each other during a liquidity crisis. Market participants in need of cash find it hard to locate potential trading partners t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Skyscrapers In Karachi
This is a list of tallest buildings in Karachi. Karachi has around 36 buildings rising at least 100 metres (330 ft) in height. Completed Under construction / Proposed & Vision Images See also * List of tallest buildings in Pakistan * List of tallest buildings in the world * List of tallest buildings and structures in South Asia This list of tallest buildings in the Indian subcontinent (South Asia) ranks skyscrapers and structures in Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, based upon height. Tallest buildings This list ranks buildings in the ... References {{DEFAULTSORT:List Of Tallest Buildings In Karachi 01 Tallest buildings Tallest, Karachi Architecture in Karachi * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hotels In Karachi
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In Jap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apartment Buildings In Pakistan
An apartment (American English), or flat (British English, Indian English, South African English), is a self-contained housing unit (a type of residential real estate) that occupies part of a building, generally on a single story. There are many names for these overall buildings, see below. The housing tenure of apartments also varies considerably, from large-scale public housing, to owner occupancy within what is legally a condominium (strata title or commonhold), to tenants renting from a private landlord (see leasehold estate). Terminology The term ''apartment'' is favored in North America (although in some cities ''flat'' is used for a unit which is part of a house containing two or three units, typically one to a floor). In the UK, the term ''apartment'' is more usual in professional real estate and architectural circles where otherwise the term ''flat'' is used commonly, but not exclusively, for an apartment on a single level (hence a 'flat' apartment). In some countrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emaar Pakistan
Emaar Pakistan is a subsidiary of the Dubai-based real estate development company Emaar Properties. The company develops residential and commercial projects in different parts of Pakistan, including Crescent Bay, Karachi and Canyon Views, Islamabad. Emaar Panorama Karachi Location Emaar Crescent Bay, DHA Phase VIII, Karachi – Pakistan History In May 2004, Defence Housing Authority, Karachi and Emaar Pakistan signed a memorandum of understanding to construct Crescent Bay, Karachi Crescent Bay is a under-construction upscale mixed-use oceanfront development in Defence, Karachi, Pakistan consisting of 50 towers. It is one of the biggest projects in Karachi, Pakistan. The development features 50 high and mid-rise towers .... In 2007, Emaar began construction of Crescent Bay. In 2006, Emaar Pakistan announced to develop over 100 acres mixed-use Canyon Views in Islamabad at cost around US$2.4 billion. In November 2008, Dr Dia Malaeb was appointed as new CEO of Emaar Pakis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defence Housing Authority, Karachi
The Defence Housing Authority (DHA), Karachi ( ur, ), formerly Pakistan Defence Officers Cooperative Housing Society, is a residential neighbourhood or a housing society located within Clifton Cantonment of Karachi. It was originally established as a residential town for retired military personnel by the Armed Forces of Pakistan Welfare Department in the mid 1950s, however, currently the majority are civilian families that reside in this town. Although part of Karachi City, Defence is actually governed directly by the Clifton Cantonment Board. The DHA body serves as the administrative authority only. History Defence was originally established by retired servicemen from the armed forces in the mid-1950s as a cooperative housing society. The office was inaugurated by Rear Admiral Haji Mohammad Siddiq Chaudhry, the first Pakistani Commander-in-Chief of the Pakistani Navy. In 1981, under the orders of President Gen Zia-ul Haq, it was taken over by the government and was put ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NESPAK
The National Engineering Services Pakistan ( ur, , trading name: NESPAK) NES, is a Pakistan-based multinational state-owned enterprise and an energy contractor which provides consulting, construction, engineering, and management services globally. It is one of the largest engineering consultant management companies in Africa and Asia. The company's headquarters' is located in Lahore with office's in Riyadh, Muscat, Tehran, Kabul, Doha and London. As of 2016, NES has been contracted to carry out 3,642 projects out of which 3,116 are domestic and 526 are overseas projects with the cumulative cost of projects at $243 billion. Among its projects include $1.65 billion Lahore Metro, $4 billion Neelum–Jhelum Project, $800 million New Islamabad Airport, $893 million expansion of Salalah Airport and the $500 million Farah River Dam Project as well as managing the Karachi Nuclear Power Plant on behalf of Nuclear Regulatory Authority of Pakistan. NESPA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defence Housing Authority
Defence Housing Authority (DHA) ( ur, ). It is a Government of Pakistan owned real-estate development company that governs housing and municipal services for Defence neighbourhoods across Pakistan. It is the first largest residential community in Pakistan. It was constitutionalised through an act of parliament in 2002, whereas, Defence Secretary is it chairman and it is managed by Pakistan Army. Primarily aimed to develop housing for current and retired military personnel in 1970s, now sells most plots in its new projects to civilians while a portion of total plots is alloted to armed forces officers, families of martyrs and other employees as service benefit on installment payment plans ranging from 10 to 20 years. DHA allows the construction of houses and commercial buildings according to defined parameters, to create safe and environment friendly infrastructure. DHA has endeavored to provide an opportunity to live the innovative and modern living. Relying on the elements o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
8 (eight) is the natural number following 7 and preceding 9. In mathematics 8 is: * a composite number, its proper divisors being , , and . It is twice 4 or four times 2. * a power of two, being 2 (two cubed), and is the first number of the form , being an integer greater than 1. * the first number which is neither prime nor semiprime. * the base of the octal number system, which is mostly used with computers. In octal, one digit represents three bits. In modern computers, a byte is a grouping of eight bits, also called an octet. * a Fibonacci number, being plus . The next Fibonacci number is . 8 is the only positive Fibonacci number, aside from 1, that is a perfect cube. * the only nonzero perfect power that is one less than another perfect power, by Mihăilescu's Theorem. * the order of the smallest non-abelian group all of whose subgroups are normal. * the dimension of the octonions and is the highest possible dimension of a normed division algebra. * the first number ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reclaimed Land
Land reclamation, usually known as reclamation, and also known as land fill (not to be confused with a waste landfill), is the process of creating new Terrestrial ecoregion, land from oceans, list of seas, seas, Stream bed, riverbeds or lake beds. The land reclaimed is known as reclamation ground or land fill. In some jurisdictions, including parts of the United States, the term "reclamation" can refer to returning disturbed lands to an improved state. In Alberta, Canada, for example, reclamation is defined by the provincial government as "The process of reconverting disturbed land to its former or other productive uses." In Oceania, it is frequently referred to as land rehabilitation. History One of the earliest large-scale projects was the Beemster, Beemster Polder in the Netherlands, realized in 1612 adding of land. In Hong Kong the Praya Reclamation Scheme added of land in 1890 during the second phase of construction. It was one of the most ambitious projects ever tak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
