One Homes, a leading UK property company, has made a significant investment in Islamabad’s luxury residential market. They plan to build a massive development covering 1 million square feet along the Murree Expressway in the east of the city. This area is known for its beautiful landscapes and is highly desirable for real estate development. With major infrastructure investments underway, the region will see controlled development, making it even more attractive.
Aqib Hassan, Co-founder and Chief Commercial Officer of One Group expressed excitement about the acquisition, which adds over 4,000 units to their development portfolio in Pakistan. The eastern frontier of the capital is becoming a hot investment spot due to the ongoing infrastructure upgrades, which will reduce travel distances to the city center by up to 60%. Experts predict that property prices in the area could grow by over 100% in the short to medium term.
The development is currently in the design stage and is expected to be launched in the market by the end of summer 2022. Aqib mentioned that they have engaged world-leading consultants to ensure the project’s excellence, aligning it with their best projects in Pakistan, Dubai, and London.
The ONE Group has an impressive portfolio of high-profile developments in the United Kingdom, Dubai, and Pakistan. They currently have four mega projects in Pakistan with a Gross Development Value exceeding USD 200 Million. Among these projects are Diyar Homes and the highly acclaimed ONE Canal Road Lahore, designed by Kobi Karp with interiors by VERSACE ceramics, developed under partnership.
Aqib also highlighted their other projects, including a resort-style living concept in DHA Islamabad with 255 apartments and townhouses. Construction for this project is underway and expected to be completed in 2026. He reiterated the group’s unwavering focus on Pakistan, citing the country’s strong economic fundamentals and remarkable growth potential in the real estate market.
One Homes is part of the ONE Group, a sister company to Dubai’s leading real estate company ONE Investment, and UK’s ONE Capital.
