Aden Greens Phase-1

Aden Greens (Phase-1) is a classic extension of its parent project Aden Greens, and bundled with the same great luxuries of life that await you at just few kilometers away from Dream World Resort, Gulshan-e-Maymar. Aden Greens launch is an all time success and the trust our esteemed client reposed in Aden made it an icon of Karachi.

By the launch of Aden Greens, we vow to uphold the same vision of creating a difference in living standard but this time, with a remarkable additional value for your money. So come to learn and see how Aden Greens (Phase-1) empowers you with a unique set of plot ownership options unraveled by any other project in the vicinity, because its not about discounts or gifts, it’s a True Housing Relief for the people of Pakistan.

Aden Greens (Phase-1) Features

Mosque

A mosque is a place of worship for followers of Islam. The mosque serves as a place where Muslims can come together for salat (prayer) as well as a center for information, education, and dispute settlement. To fullfill the pledge of offering five prayer on time, a mosque is included in our project..

School

A school is an institution designed to allow and encourage students to learn, under the supervision of teachers. We are committed to provide education in a caring and enlightened environment for new generation.

Commercial Area

A Commerical area offering truly modern ambience and amenities to satisfy your shopping needs is the hallmark of Aden Greens.e Centralized Security System Man is born free & it is his right to enjoy freedom, to cater this right of humankind we have a fully centralized security system in Aden Greens.

Centralized Security System

Security has to be compared and contrasted with other related concepts: Safety, continuity, reliability. Man is born free & it is his right to enjoy freedom, to cater this right of humankind we have a fully centralized security system in Aden Greens.

Parks & Playgrounds

A park is a protected area, in its natural or semi-natural state or planted, and set aside for human recreation and enjoyment. Naturaly carved to soothe your lifestyle, lush green areas are on our main canvases.

Waterfalls & Lakes

A waterfall is a place where flowing water rapidly drops in elevation as it flows over a steep region or a cliff. A classic waterfall adds to the artistic charm of Aden Greens. Pleasant lake with greener outlines is an ideal place to nourish your flavor to nature.

Downloads

• Aden Greens Phase 1 Brochure
• Payment Schedule
• Payment Schedule (for Overseas Pakistanies)
• Location Map

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PAKISTAN: Housing a priority need in quake-hit areas

PAKISTAN: Housing a priority need in quake-hit areas

Photo: Tariq Saeed/IRIN

Quake survivors have been salvaging what they can from their ruined houses hoping to use some materials to re-build

ZIARAT, 4 November 2008 (IRIN) – Dildad Khan, 35, is deeply worried. “I am trying to find someone to give me a loan, so I can immediately start re-building my house. It will start snowing in Ziarat before long, perhaps within weeks, and I must have shelter for my aged parents and my children,” the father of four told IRIN. His elderly father is already suffering from a bad cough and fever.

The latest assessments of the damage caused by the 6.4 Richter scale quake in the Ziarat and Pishin districts of Balochistan Province last week, suggest at least 4,000 houses were destroyed.

The UN Children’s Fund (UNICEF) has said 70,000 people were made homeless by the quake, while the chairman of the National Disaster Management Authority, Farooq Ahmed Khan, has said: “The damage is being determined.”

The International Committee of the Red Cross is among the organisations currently assessing needs on the ground. It has appealed for US$7.8 million as emergency funding to help quake survivors.

One of the main concerns is shelter from the freezing temperatures in and around Ziarat. Many are also concerned about how they will re-build damaged homes, with the high rate of inflation leaving most families strapped for cash.

“Food prices have been rising each month. I had some savings but they have been used up,” said Dildad Khan, who runs a small general store in Ziarat. According to the State Bank of Pakistan, inflation as measured by the Consumer Price Index stood at 23.9 percent in September 2008.

“I have asked all my relatives. No one has extra cash to lend. I will need at least Rs 200,000 (about US$2,500) to rebuild my house, says Dilawar, another quake survivor who has spent the last few days rescuing what he can from the ruins of his family home near the hill town of Ziarat.

The Pakistan government has not yet announced a housing plan for quake-hit areas, although the NDMA chairman said: “Under a compensation plan for victims, corrugated sheets and cash grants will be given”.

Tents

Efforts are under way to provide winterised tents to the affected people, with Farooq conceding in an interview to Dawn newspaper that no winterised tents had been sent to the quake area. Attempts have, however, been made to send in large quantities of blankets and to ensure the supply of natural gas to areas where people are living under open skies.

The NDMA is also hoping to receive about 120 pre-fabricated housing units from Turkey soon.

The fact that pre-existing housing in the quake-hit area was of poor quality has also been emerging as a concern. “Most of the houses in the affected villages were very poorly constructed. The materials were usually mud, stone and brick. These structures cannot sustain the shock of a quake,” said Quetta-based engineer Fahim Gul.

He also pointed out that a new housing strategy needed to be devised and people helped to put up safer shelters, given that Quetta, Ziarat and areas around them lie in an active seismic zone.

Aftershocks

Meanwhile, in quake-affected areas efforts by people to re-build houses or set up temporary shelters have been handicapped by continuing aftershocks. “I put up a kind of shack from materials taken from my house as I and my family were literally freezing without a roof over our heads, but it collapsed when another quake hit on Saturday [1 November],” said Aleem Khan, 30, from Ziarat.

A tremor measuring 5.3 on the Richter scale was felt that day in Quetta and Ziarat. Several other tremors of over 4.0 on the scale have also been felt, adding to the sense of terror that still persists a week after the disaster struck.

“I will only be able to put this fear behind me and get on with life when I and my three children are back in our home, indoors, where we feel safe,” said Zakia Bibi, 25.

As yet she has no way of knowing when that will be, or when life for quake survivors will return to normal.

kh/at/cb

Emirates Global Islamic Bank”s Construction Finance

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KARACHI: Syed Tariq Hussain, President and Chief Executive Officer, Emirates Global Islamic Bank Limited, disclosed on Tuesday that his bank intended to start Sharia-compliant construction finance called Istisna in the coming months.

Talking to The News, he said this facility will be meant for the construction industry and by boosting the sector it will help generate job opportunities.

The instrument will be in addition to the housing finance for individuals already in operation.
He said the bank has started preparation for meeting regulatory standards and in this regard all preparations are under way.

He said by following the bank results after end-June closing, Emirates Global will apply to the central bank to seek permission for opening more branches in major cities of the country.

At present, the bank operates five branches in Karachi and one in Lahore.

He expressed satisfaction with the reform process initiated by the central bank for the promotion of Islamic banking in Pakistan and said the present step-by-step approach of the SBP is progressive and dynamic because it will help Islamic banking to stand and compete with conventional banks.
He said the “12-12 Vision” of the central bank will ensure that by the end of 2012 the present three percent share of Islamic banking in overall banking will rise to 12 percent.
However, in order to meet these targets all stakeholders will have to work hard by extending their serious cooperation to regulatory authorities, he added.

Replying to a question with regard to taxation aspects of the Islamic modes of financing, he said in consultation with tax consultants we are negotiating with policy-makers and we expect a positive outcome.

He expressed optimism that by settling these tax issues early on, the growth rate of Islamic banking will receive momentum in the years ahead.

Replying to another question, he said since newcomers in Islamic banking are more efficient in funds handling so they will be in a better position to offer better rate of returns to their depositors.

Sheikh Tariq Bin Faisal Al Qassimi, Chairman of Emirates Global Islamic Bank, told this reporter that his bank intended to double its paid-up capital from US $50 million to US $100 million by the year-end.

He said the bank will certainly list on the three Stock Exchanges of Pakistan after completing the requisite three-year exemption.

He said after consolidating its position in Pakistan, the bank intended to start its business operations in the Middle Eastern markets.

He said at present 55 banks are competing with each other in the UAE alone, which is one of the worldís most competitive markets.

He said all should know that Islamic banking is entirely different from conventional banking. He emphasized that Islamic banks must follow best international practices to satisfy and serve their customers.

He described Pakistan”s Islamic banking market as “Premier Islamic Banking“, saying “we entered this market to serve the business community and Pakistani community by following the highest standards”.

He was of the view that in the coming two to three years competing Sharia-compliant products will be developed.

With the marketing of these products, the Islamic banks will be able to compete with conventional banks on equal terms.

He said Gulf investors like him invested in Pakistani banking market because it has much bright future. He expressed gratitude to the government of Pakistan and its regulatory authorities for facilitating the bank in every possible way. Courtesy the News.

Courtesy

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