KARACHI: Emaar Pakistan will invest $2.4 billion in their new real estate project “Crescent Bay”, located within Karachi’s DHA Phase VIII and in close proximity to the DHA golf course. The project will be completed in seven years, said Mohammed Al Falasi, Managing Director of Emaar Pakistan today at the inaugural ceremony of 3rd Property Asia 2007. Mr Falasi said that their goal is to create a series of exciting developments that set new standards for commercial and residential property.
“Crescent Bay will set new standards and we have planned for other cities in Pakistan also, which we will be developing over the next few years,” he said.
The master planners have brought inspiration from the world’s best-designed residential communities to Pakistan, offering another Emaar signature landmark to the region, he added
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