Own a slice of the new Silk Route
Eiwan Developments, an urban development company established by CG Holdings, have launched their first project called Oshun, a beachfront, resort-style housing project in Gwadar district, a corner of Pakistan which is currently the centre of global attention due to the deep sea port and the China-Pakistan Economic Corridor (CPEC) worth $62 billion. Upon completion of the CPEC route, Gwadar will be connected to Central Asian countries and provide one of the largest trade routes internationally, while the seaport, under China’s supervision, will develop into a full-scale commercial port. This promise of a lucrative future is attracting investors from around the globe, including from the real estate sector.
Although Eiwan (Persian for a three-walled house) is a new brand, the founders have a well-established reputation in the real estate sector. CG Holdings, an associate of Consultant’s Group (CG) was founded by three architects – Aslam Akhund, Hafeez Habibi and Faiz Kidwai – and is counted among Pakistan’s prominent firms involved in large-scale urban development projects.
Established in 1987, the company has executed multiple projects, including Pakistan Naval Academy and Fazaia Housing Scheme in Karachi and Sangar Housing Scheme, Maanbar Housing Scheme Gwadar and Meerani Housing Scheme Turbat.