Faisal Town Phase II: Redefining the future of real estate in Pakistan
The event attracted enthusiastic participation from overseas Pakistanis and Gulf-based investors, further cementing Faisal Town's reputation as a trusted name in Pakistan's real estate sector.
The expo served as a gateway for overseas investors to engage directly with Pakistan's most visionary housing project — Faisal Town Phase 2 — a modern, secure, and future-ready development designed not just to offer property, but to deliver an elevated lifestyle.
A legacy built by Chaudhry
Abdul Majeed
Behind Faisal Town's unmatched reputation stands the legendary developer Chaudhry Abdul Majeed, the visionary mind behind more than 13 successfully delivered housing projects, including Faisal Town, Faisal Hills, and Faisal Margalla City. His commitment to quality, timely delivery, and transparent dealings has set a gold standard in Pakistan's real estate industry.
Spread over 110,000 Kanals, Faisal Town Phase 2 is strategically located at 0 km from Rawalpindi Ring Road and directly connected to Thalian Interchange, with quick access to the M-2 and M-1 Motorways, Islamabad International Airport, and Srinagar Highway.
It is a self-contained modern city offering: Wide Roads – no street smaller than 40 feet, with boulevards up to 360 feet wide; Dedicated Residential and Commercial Sectors; Education City, Sports City, and Lake District; and Underground electricity and gas, 24/7 security, and lush parks.
At the heart of Faisal Town Phase 2 lies the Model Block (Sector O) — the first block being developed on priority. Sector O is already levelled, plots are available withnumbers on full payment, and infrastructure development machinery is working day and night.
Investors entering now will be the first to take possession.
For those seeking flexible payment options, the Overseas Block offers plots on easy instalments without compromising location or amenities.
For more information and bookings, please contact: +92345-5906890 or +97451467961.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Qatar Tribune
4 hours ago
- Qatar Tribune
Perplexity AI offers Google $34.5 bn for Chrome browser
Agencies Perplexity AI has offered Google $34.5 billion for its popular Chrome web browser, which the internet giant could potentially be forced to sell as part of antitrust proceedings. The whopping sum proposed in a letter of intent by Perplexity is nearly double the value of the startup, which was reportedly $18 billion in a recent funding round. 'This proposal is designed to satisfy an antitrust remedy in highest public interest by placing Chrome with a capable, independent operator focused on continuity, openness, and consumer protection,' Perplexity chief executive Aravind Srinivas said in the letter, a copy of which was seen by AFP. Google is awaiting U.S. District Court Judge Amit Mehta's ruling on what 'remedies' to impose, following a landmark decision last year that said the tech titan maintained an illegal monopoly in online search. U.S. government attorneys have called for Google to divest itself of the Chrome browser, contending that artificial intelligence is poised to ramp up the tech giant's dominance as the go-to window into the internet. Google has urged Mehta to reject the divestment, and his decision is expected by the end of the month. Google did not immediately respond to a request for offer vastly undervalues Chrome and 'should not be taken seriously,' Baird Equity Research analysts said in a note to investors. Given that Perplexity already has a browser that competes with Chrome, the San Francisco-based startup could be trying to spark others to bid or 'influence the pending decision' in the antitrust case, Baird analysts theorized. 'Either way, we believe Perplexity would view an independent Chromeor one no longer affiliated with Google as an advantage as it attempts to take browser share,' Baird analysts told investors.
Qatar Tribune
4 hours ago
- Qatar Tribune
‘Stop production': Small firms battered by shifting US tariffs
Agencies When US President Donald Trump announced tariffs on almost all trading partners in April, Ben Knepler contacted the factory in Cambodia producing his company's outdoor furniture. 'Stop production,' he ordered. The announcement involved a 10-percent levy on imports from most partners, set to rise further for many of them. For Cambodia, the planned duty was a staggering 49 percent. 'That night, we spoke to our factory,' Knepler told AFP. 'We literally cannot afford to bring our own product into the US with that kind of tariff.' The decision was even more painful for Knepler and his Pennsylvania-based company, True Places, given that he had previously shifted production of his outdoor chairs to Cambodia from China, following tariffs on Chinese imports imposed by Trump during his first presidency. 'We were facing 25-percent tariffs in China, and there were zero-percent tariffs in Cambodia,' Knepler recalled. It took him a year to move the massive equipment and molds to Cambodia only to see another steep levy. With Trump's 'reciprocal' tariff hikes taking effect last Thursday, these Cambodia-made chairs face a lower—though still significant - 19 percent duty. Knepler's experience echoes that of many US companies producing everything from yo-yos to clothing abroad, after years of offshoring American manufacturing. To cope, businesses use various strategies. Some pass on the new costs as a surcharge to customers. Others halted imports when duties reached prohibitive levels, hoping Trump would strike bilateral trade deals that would make their businesses viable again. Trump frames his tariffs as paid for by other countries, touting tens of billions in revenue this year—but firms contest this description. 'We make the tariff payments when the product comes into the US,' Knepler stressed. 'Before we sell it, we're the ones who pay that tariff.' Now saddled with hundreds of thousands of dollars in debt he took on to relocate the company's production to Cambodia, Knepler worries if his business will survive. He likens the rapid policy changes to spinning a 'wheel of misfortune,' resulting in a new tariff each time. Over four months this year, the planned tariff rate on Cambodian exports has gone from 0 to 49 percent, to 10 percent, to 36 percent, to 19 percent, he said. 'No one knows what it's going to be tomorrow,' he added. 'It's impossible to have any kind of confidence in what the rate will be in three- or four-months' time.' Economists warn that tariffs could fuel inflation and drag on growth. EY chief economist Gregory Daco noted that the duties effective Thursday raise the average tariff rate to 17.6 percent from 2.8 percent at the start of the year—the highest level since the early 1930s. While Trump lauds the limited effects his duties have had on US prices so far, experts say tariffs take time to filter through to consumers. Many of Trump's sweeping levies also face legal challenges over his use of emergency economic powers. The global tariffs are especially hard to avoid. Barton O'Brien said he accelerated production and borrowed money to bring in as much inventory as possible before Trump took office. On the election campaign trail, the Republican leader had floated a 60-percent tariff on imports from China, where O'Brien makes most of his products. The Maryland-based veteran selling dog harnesses and other accessories rented a container to ship as many products as he could before Trump's new tariffs would take effect. 'I had dog life jackets in the bathroom,' he told AFP. There is 'no way' to produce domestically, he said, adding that comparable American-made products sell for nearly six times his retail prices. He makes some items too in India and Vietnam. But Chinese products face an additional 30-percent duty this year, even under an extended truce now expiring in November. The rates for India and Vietnam are 25 percent and 20 percent respectively. 'If you look at the brands I compete with, we're all made in the same countries. We're all going to have to raise prices together,' said O'Brien.
Qatar Tribune
a day ago
- Qatar Tribune
Delivery drones may soon take off in the US, here's why
Agencies Delivery drones are so fast they can zip a pint of ice cream to a customer's driveway before it melts. Yet the long-promised technology has been slow to take off in the United States. More than six years after the Federal Aviation Administration approved commercial home deliveries with drones, the service mostly has been confined to a few suburbs and rural areas. That could soon change. The FAA proposed a new rule last week that would make it easier for companies to fly drones outside of an operator's line of sight and therefore over longer distances. A handful of companies do that now, but they had to obtain waivers and certification as an air carrier to deliver packages. While the rule is intended to streamline the process, authorized retailers and drone companies that have tested fulfilling orders from the sky say they plan to make drone-based deliveries available to millions more U.S. and Wing, a drone company owned by Google parent Alphabet, currently provide deliveries from 18 Walmart stores in the Dallas area. By next summer, they expect to expand to 100 Walmart stores in Atlanta; Charlotte, North Carolina; Houston; and Orlando and Tampa, Florida. After launching its Prime Air delivery service in College Station, Texas, in late 2022, Amazon received FAA permission last year to operate autonomous drones that fly beyond a pilot's line of sight. The e-commerce company has since expand its drone delivery program to suburban Phoenix and has plans to offer the service in Dallas, San Antonio, Texas, and Kansas City. The concept of drone delivery has been around for well over a decade. Drone maker Zipline, which works with Walmart in Arkansas and the Dallas-Fort Worth area, began making deliveries to hospitals in Rwanda in 2016. Israel-based Flytrex, one of the drone companies DoorDash works with to carry out orders, launched drone delivery to households in Iceland in Wing CEO Adam Woodworth said drone delivery has been in 'treading water mode' in the U.S. for years, with service providers afraid to scale up because the regulatory framework wasn't in place. 'You want to be at the right moment where there's an overlap between the customer demand, the partner demand, the technical readiness and the regulatory readiness,' Woodworth said. 'I think that we're reaching that planetary alignment right now.' DoorDash, which works with both Wing and Flytrex, tested drone drop-offs in rural Virginia and greater Dallas before announcing an expansion into Charlotte. Getting takeout food this way may sound futuristic, but it's starting to feel normal in suburban Brisbane, Australia, where DoorDash has employed delivery drones for several years, said Harrison Shih, who leads the company's drone program. 'It comes so fast and it's something flying into your neighborhood, but it really does seem like part of everyday life,' Shih said. Even though delivery drones are still considered novel, the cargo they carry can be pretty mundane. Walmart said the top items from the more than 150,000 drone deliveries the nation's largest retailer has completed since 2021 include ice cream, eggs and Reese's Peanut Butter Cups. Unlike traditional delivery, where one driver may have a truck full of packages, drones generally deliver one small order at a time. Wing's drones can carry packages weighing up to 2.5 pounds. They can travel up to 12 miles round trip. One pilot can oversee up to 32 drones. Zipline has a drone that can carry up to 4 pounds and fly 120 miles round trip. Some drones, like Amazon's, can carry heavier packages.
