A mixed-use building, also known as a mixed-use complex, is a type of real estate development that is usually planned in urban centres of vast and bustling metropolitan areas. This property trend has been introduced in recent years to cope up with the increasing demand for land, especially in crowded metropolises around the world.
In line with the latest construction practices followed internationally, a well-designed mixed-use building in Pakistan usually features an interesting blend of residential, commercial and sometimes even industrial properties. Owing to the fact that a mixed-use complex can be used for so many different purposes, it has now become one of the most popular property trends in Pakistan.
So, to elaborate further on the concept of mixed-use property projects and their importance in the real estate sector, we have come up with this post. Here, we’ll detail all the key features, facilities and benefits of living in a mixed-use building in Pakistan.
Let’s get the ball rolling!
Features of Mixed-use Development
Some of the key features that make mixed-use complexes different from other property projects in Pakistan have been listed as under:
- Modern Architecture
- Indoor Facilities
- Well-designed Outdoor Spaces
Owing to the fact that mixed-use projects are among the latest property trends in Pakistan, they come equipped with modern architecture. Spacious corridors, comfortable staircases, expansive lobbies, and well-designed residential units are some of the common architectural features of mixed-use building plans.
Featuring different types of real estate options, mixed-use property projects in Pakistan are usually equipped with many noteworthy indoor facilities like commercial outlets, eateries, gymnasium and fitness facilities, community halls, daycare centres, healthcare and emergency centres.
Well-designed Outdoor Spaces
To promote the concept of community living, mixed-use spaces are usually planned with well-designed outdoor spaces. These include walkways, common terrace areas, walking and jogging tracks on different levels of a building.
A well-planned mixed-use building design usually includes most of the aforementioned facilities for the convenience of residents. Moreover, to beautify these outdoor spaces and make them appear more environmentally friendly, they are decorated with trees and plants.
Benefits of Living in Mixed-use Building in Pakistan
Some of the major benefits of living and investing in mixed-use property projects in Pakistan have been listed as under:
- The availability of a variety of property options like residential, commercial and industrial properties (if there are any) is one of the major pros of investing in a mixed-use building in Pakistan.
- Mixed-use spaces are often shared by a large number of dwellers, forming a huge residential community. This may result in increased social interactions, which may be beneficial for people who like community living.
- Security is one of the major benefits of living in a mixed-use building in Pakistan. Along with having different facilities, such property projects are also usually equipped with CCTV cameras for surveillance and gated entrances with security guards.
- Commuters living in mixed-use developments in Pakistan may also enjoy the facility of dedicated bus stops and taxi stands.
- One of the biggest advantages of living in a mixed-use property project in Pakistan is the availability of indoor recreational facilities like community halls, fitness centres and sometimes even shopping malls with large arenas.
Note: The availability of all the aforementioned living facilities may vary from project to project.
Prominent Mixed-use Developments in Pakistan
In a country like Pakistan where almost every major city is facing issues like overpopulation and a lack of space for the construction of new property projects, the concept of vertical mixed-use complexes has turned out to be a modern yet sustainable solution.
Many high-profile investors and developers have now shifted their focus toward the development of multipurpose buildings. Such projects are intelligently planned with a host of modern-day features and comforts, making the most efficient use of the available piece of land.
Let’s give you a few examples of the most noteworthy mixed-use projects that are located in the three main cities of Pakistan
Projects in Islamabad
Zameen Ace Mall
Taking the concept of mixed-use property projects to a whole new level, Ace Group and Zameen Developments, the development wing of EMPG, have recently launched Zameen Ace Mall. The project is located in DHA Phase 2, a serene neighbourhood of the Islamabad Capital Territory, It features a world-class shopping mall, well-planned corporate spaces and well-designed residential units. The launch of a large-scale property project like Zameen Ace Mall is a strong indicator of the fact that mixed-use developments have a very promising future in Pakistan.
A project of Zameen Developments and Earthlink Developments — the two top-tier names in the industry — Grande Palladium is an intelligent planned multipurpose complex that features gracefully designed apartments and retail outlets. The project is being developed in Paradise Commercial, one of the most vibrant locations in Bahria Town Islamabad. As a masterfully planned G+7-storey tall mixed-use project, Grande Palladium has been equipped with top-of-the-line features and facilities. All these factors greatly contribute to the project’s overall real estate value.
Projects in Lahore
With a height of G+11 storeys and two basements, DB32 is the first privately owned high-rise building in DHA Lahore. As a world-class multipurpose project, it has been equipped with top-tier investment options. While investing in DB32, you can choose from gracefully designed hotel apartments with grand layouts, which are managed by Swiss International — a globally acclaimed hotel chain. The project is located on the main Khayaban-e-Iqbal, in the heart of DHA Lahore.
Swiss Mall Gulberg
With a striking elevation and phenomenal interior arrangements — Swiss Mall offers a truly remarkable urban experience. It is a noteworthy multipurpose building being constructed in the heart of Lahore.
The most impressive feature of this high-profile mixed-use development is the availability of hotel apartments managed by Swiss International — a popular name in the hospitality industry with a worldwide presence. The podium of the building is envisioned to host one of the most ultramodern and well-equipped shopping malls in the city.
Gulberg City Centre
Gulberg City Centre is a 23-storey-tall building that is envisioned to offer a five-star experience. As an intelligently planned mixed-use complex, the lower floors of the project feature well-designed shops and a food court, whereas, the upper stories are reserved for an elite residential experience based on stylish and ultra-luxurious hotel apartments and suites. All set to host the tallest five-star hotel in Pakistan, Gulberg City Centre is undoubtedly a landmark development in Lahore, a golden opportunity for investors and genuine buyers alike.
Sitara Serene Tower
The futuristic facade of Sitara Serene Tower is envisioned to uplift the beauty of Gulberg’s skyline. It is one of the most promising real estate ventures by Sitara Heights Pvt. Ltd. This high-rise project enjoys a stellar location in the heart of Gulberg, Lahore, and packs top-of-the-line features to offer an exquisite and highly comfortable experience. As a world-class multipurpose project, Sitara Serene Heights offers sophisticatedly planned hotel apartments surrounded by a plush and highly secure environment.
The name Pace Circle is synonymous with luxury and elegance. The mixed-use project is all set to grace the skyline of Lahore with its commanding structure that rises 11 storeys above the ground. Pace Circle is based on three towers, each with a unique purpose. One of the buildings will have residential apartments while the other two will feature a five-star hotel and a shopping mall. One of the biggest highlights of Pace Circle is its convenient location, which puts it just a short distance away from Allama Iqbal International Airport.
Projects in Karachi
Anaya Royal Residency & Shopping Centre
Anaya Royal Residency is a brand-new mixed-use project, enjoying a central location in Karachi. The project is just a short stroll away from Jamia Banoria — Karachi’s largest and oldest Islamic institute. The strategic location of this mixed-use project in Garden East allows it to enjoy proximity to some of the city’s busiest trade hubs, such as Tariq Road, Saddar Town and II Chundrigar Road. Envisioned as a meticulously planned multipurpose complex, the project offers highly lucrative commercial investment options on its upper ground and lower ground floors.
The Mega Mall & Residency
The Mega Mall & Residency is all set to grace the skyline of Main Johar Chowrangi Road with its commanding presence. It is one of the largest and most advanced mixed-use developments rising from the prime location of Johar Chowrangi. The project enjoys easy access from different parts of the city. The Mega Mall & Residency hosts the biggest outlet of Chase Up in Karachi, which is also the most noteworthy feature of the mixed-use complex that greatly adds to its real estate value. The podium and lower levels of The Mega Mall & Residency comprise commercial outlets, whereas the upper floors of the building are based on well-planned apartment units.
Planning to proceed with your investment in Zameen Ace Mall or any of the aforementioned mixed-use projects in Pakistan? Just fill out the inquiry form attached to this blog. Our experts are always here to assist you with your concerns.
We hope this blog has given you all the useful information regarding mixed-use developments and their investment scope in Pakistan. You can also reach out to us at firstname.lastname@example.org If you still have any questions or feedback.
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