Rumor has it that Pakistan's first five star floating hotel and mall, designed by internationally reputed architectures and promoted by local developers, will be built and completed by 2010 at a total cost of six billion Rupees.
This gigantic commercial "complex", will be located on a ship(330feet long and 110 feet wide) towering five storeys high and will be encored offshore near sea view, DHA V and VI, in Karachi Pakistan. It will be built by the Karachi shipyard and Engineering works. The floating hotel and mall will be operated by a hotel management firm. The ships will have shops, restaurants and play areas fro children.
The mall is said to have a security plan that will comply with the International ship and port security code (ISPS). The ISPS code stipulates various minimum regulations, such as the installation of a ship security alert system, CCTV to monitor sensitive areas, restricted access to these areas and fire prevention measures.
There will be 110 shops on board the ship ranging in size from 100 to 1,000 sq feet. Although the prices of the shop have not been made public, a couple of interesting details have emerged regarding the financial aspect of the project. To begin with, buyers will deposit money into as escrow account rather then paying it directly to the developers. However, there investment will be fully insured by a reputed insurance agency in case developers default on any aspect of this project, the first floating hotel and mall in Karachi Pakistan.
Although there will be no restrictions on buying and selling, investors wishing to sell their space will have to pay a one percent transfer fee to the developers. The transfer fee will be based on the prevalent selling price.
Showing posts with label lahore pakistan. Show all posts
Showing posts with label lahore pakistan. Show all posts
Sunday, October 17, 2010
Sunday, September 26, 2010
The Guest House Option In Pakistan:Guest House Karachi:Guest House Islamabad
Guest Houses have always been popular places to stay for people traveling in northern Pakistan. However, security concerns have now made guest houses desirable option for foreign and domestic businessmen and tourists, traveling throughout Pakistan, especially to cities such as Abbott abad, Faisalabad, Islamabad, Karachi, Lahore and Multan among others. Guest Houses, as the same name suggests, are large homes that have been converted into small, low profile hotels; they are usually located in residential areas, are inconspicuous and generally more secure then high profit hotels.
Safe, comfortable and equipped with modern amenities, most guest houses include 24-hour room service, laundry and ironing services, cable TV Wi-Fi connectivity and business center facilities such as computers, internet, fax, photocopy and scanning.
Room mates are applied in US dollars and vary from city to city; payments can be made through cash, cheque or credit card in local currency. Reservations in Guest houses can also be made online in which case advanced payment is required.
Here is a closer look at per night stay including breakfast:
Guest House Abbottabad: Single- 30$; double- 41$.
Guest House Faisalabad: Single- 35$; double- 40$.
Guest House Islamabad: single- 45$; double- 50$.
Guest House Karachi: single- 54$; double- 58$.
Guest House Lahore: single- 29$; double 33$.
Guest House Multan: single- 40$; double- 45$.
Groups that require multiple rooms at one time are able to negotiate discounted daily room rates.
Safe, comfortable and equipped with modern amenities, most guest houses include 24-hour room service, laundry and ironing services, cable TV Wi-Fi connectivity and business center facilities such as computers, internet, fax, photocopy and scanning.
Room mates are applied in US dollars and vary from city to city; payments can be made through cash, cheque or credit card in local currency. Reservations in Guest houses can also be made online in which case advanced payment is required.
Here is a closer look at per night stay including breakfast:
Guest House Abbottabad: Single- 30$; double- 41$.
Guest House Faisalabad: Single- 35$; double- 40$.
Guest House Islamabad: single- 45$; double- 50$.
Guest House Karachi: single- 54$; double- 58$.
Guest House Lahore: single- 29$; double 33$.
Guest House Multan: single- 40$; double- 45$.
Groups that require multiple rooms at one time are able to negotiate discounted daily room rates.
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