Pakistan Real Estate Industry
Shopping malls in Islamabad
Theme mall uplift Real Estate industry in Pakistan. Pakistan’s Real Estate industry is showing unexpected behavior for the past few years and there are many reasons behind it. Moreover, there has been a slowdown in the real estate industry due to political instability, uncertainty in the economic, covid-19 crisis, and financial policies. Government policies don’t benefit the investor in any way but create problems for them, such as the imposition of a ban on non-filers to buy a property worth more than 5 million unless they register themselves in the Federal Board of Revenue (FBR).
Real Estate Contribution
According to the estimate by the World Bank, the size of a country’s real estate contributes 60% to 70% of the country’s total wealth. However, if these estimates are applied to Pakistan the estimated size of the real estate sector would be $300 to $400 billion. Although because of financial, economic, and political instability real estate has not performed well in 2019. But there are high chances that there will be high growth in 2021.
Pakistan is moving on the right path by creating a favorable environment for businesses. Furthermore, Pakistan ranked 108th in the global ranking in its “Doing Business 2020” Report by the World Bank. The previous rank of Pakistan was 136th in ease of business report which indicates an improvement of 28 places from last year. An improved business environment will attract foreign direct investment into the country and create employment opportunities for the youth.
Theme Mall Uplift Real Estate
The theme mall uplift the Real Estate industry of Pakistan. Pakistan is growing day by day and the themed malls are becoming the new trend in customer and investor minds. Newly designed infrastructure, skyscrapers, and theme malls are becoming common in the main cities of Pakistan. Certainly, the concept of innovative themed malls has always been the center of attention for people not just in Pakistan but in the rest of the world as well.
Take an example of The Burj Khalifa, The Atlantic city in the mall of Dubai, Forbidden City in Beijing, and the Shard in London, all malls have one thing in common that is they are built on the basis of theme and uniqueness. It is natural that people find unique, spectacular, and outstanding things attractive.
Theme mall Real Estate Concept
Theme Mall concept is growing in Asia very rapidly due to a long history of diverse cultures. Data scientists confirm that the growth of the themed mall will increase threefold in 2021 because customers and investors demand creativity.
Pakistan Theme Mall Real Estate ongoing Projects
Pakistan uplift its Real Estate industry by jumping into the international competition and growing its global reputation by constructing theme based mall projects all over Pakistan. The following are the upcoming theme mall projects in Pakistan.
Top Theme Mall Real Estate project in Pakistan
The Aquatic Mall
The Aquatic Mall Pakistan First underwater-themed Mall designed with perfection and care. It stretches on 39 Kanal and 13 Marla, The mall has luxurious facilities that one can ask for. The Aquatic Mall is designed by Mr. Kamal Sinan Pakistan architectural firm Archentire. Construction of the project is done by Speccomp Constructions. The mission is to uplift the real estate indsutry through the idea of theme mall.
Theme mall Features
The theme mall not only features the tallest Aquarium but also fun-filled scuba diving. Your excitement level should be directly proportional to the height of Aquarium which is 91 Feet. The Mall is the Future landmark of Islamabad with different Amenities including an underwater tunnel which will have a variety of sea species imported from all over the world. Located in the prime location on GT road, Islamabad.
The prime attraction of the mall is world tallest cylindrical acrylic glass Aquarium one of its kind and also fun-filled scuba diving. The prominent features of Mall are underwater tunnel, infinity pool, marine restaurant, sky walk, blue mosque and helipad.
The inside features of the mall consist of Underwater Restaurant, Kids area, Water park, Cinema, Luxurious Apartments, Sky walk, Gym, Infinity Pool.
Prime Features of Aquatic Mall
Theme mall Underwater Restaurant
The Aquatic mall underwater restaurant is one it’s kind and state of the art. Dine underwater and enjoy your meal with a perfect ambiance of nature. This water-themed restaurant is among the three main attractions of the mall. Rather than walls, aquariums will skirt the boundaries of restaurants. Watching sea creatures glide past, as you dine, will be a unique soothing experience.
Theme mall Kids Area
The Aquatic mall playland or kids area is planned with a view to absorbing your kids in a manner where you feel absolutely free to go shopping or move around The Mall.
Theme mall Water Park
Water is life and we believe remaining close to nature you enjoy life. While having a meal or light refreshment by the water park with your family and friends will be an exotic experience.
Theme mall Movie theater
Cinema of The Mall will be to screen the most beautiful, attractive, and elegant characters with their brilliant performances ever viewed all over the world. In addition, We plan and expect it to be far beyond ordinary movies. Our focus will remain on the national/international, and old/new, short plays and long movies at the most affordable cost. Our theme is your refreshment rather than our earnings.
Theme mall Sky-walk & Infinity Pool
Sky walk of The Aquatic Mall is likely to be a different experience for the residents and customers. We are sure it will address the height phobia and will prove to be a fun spot for the young and elderly alike. Furthermore, the Infinity Pool located on the rooftop is bound to beat the heat of twin cities. The pool is designed to enjoy the mesmerizing view while remaining inside water.
The Space Mall
In Pakistan, the concept of theme mall remained obscure, until Al-Bari Group of Companies broke the mold. Moreover, The mall set a universal benchmark of theme-oriented development in the real estate industry.
The Space Mall will be located at the heart of the beautiful Bahria town. In addition, it presents a presiding space-theme with cutting edge allurements, including a starling experience of weightlessness, just like in space. The mall will be the hub of entertainment, retail, apartments, and dining.
The mall comprises six levels. Level 3 is primarily reserved for a food court, with an outer space atmosphere, 4th and 5th floors are dedicated to apartments/suites, and the 6th level will be a penthouse. In addition to its great size, the space mall attraction will be its vast features, while it is a magnificent type of amusement.
The main feature of Space mall
- Pakistan’s First-ever sustainable commercial project, based on the inner cosmic space.
- The first mall to house gold simulation.
- First to introduce zero gravity technology in Pakistan.
- The Architectural design proposes 500 retail shops.
The space mall will be equipped with a gravity-free area, shopping center, food court, apartments, business center, the space museum, golf simulator, business center, spa, coffee shop, and penthouse.
Prime features of Space Mall
NO Gravity! Now A Reality
We did and imagined ourselves thriving in a gravity-free environment, ever since. But, as soon as my weight pressed against my seat, I came trashing back to the earth. If you’re someone like us The Space Mall’s gravity-free adventure will be your dream ticket.
However, the space mall leverages disruptive technologies to intimate a gravity-free environment. Enjoy a fully immersive weightless adventure with your friends and dear ones. Now, dreaming is no longer the only way to float in space.
It will be a shopping bonanza, but not quite overwhelming. Huge grocery stores, popular clothing brands, home appliances, shoes, the mall just has it all. Fashion enthusiasts can choose from tons of trending options while enjoying artifacts from space. Roaming around one floor to the other will make you a little over a mile so most probably you will get tired. But don’t worry, we will fit benches at every corner, to facilitate you. The space theme will make your shopping experience like no other, while you walk from store to store.
The Space Museum
Enter into outer space, while discovering the honorable achievements of our unsung heroes from the forces. The space museum is planned to include a significant amount of space artifacts. Moreover, our galleries display weapons, ornaments, and pictures of the courageous martyrs of Pakistan. The floor is dedicated to paying homage to the wonders that lie beyond and the unheard stories of our brave soldiers.
The golf simulator is a next-generation golf adventure that lets you enjoy the game, with all the luxury of indoor. The Space Mall’s golf simulator emulates ball flights to offer a real-life simulation of your favorite game. Whether you’re a professional or a beginner, the stimulator provides you with a game of a lifetime. Bonus features include accurate swing calculations, air resistance, object trajectory, and so much more.
Theme malls uplift real Estate in Pakistan not only bring new international and domestic investment but also create economic stability in the industry. It also increases tourism and brings revenue to the country’s GDP.