Javedan Corporation Limited
Javedan Corporation Limited (JCL) owns land measuring over 1300 acres at Manghopir, near SITE, North Nazimabad, North Karachi and New Karachi.
The Arif Habib Group has a significant stake in the project and is developing a project that offers families not only housing but complete lifestyle needs, ranging from homes to educational facilities, medi-care facilities, sports and entertainment, as well as shopping facilities. The project, Naya Nazimabad, is in fact a city within a city with all basic and high-end amenities.
Naya Nazimabad will accommodate the housing demand of the middle income group and is an endeavour not only to alleviate the housing problem of the city but also to provide a quality lifestyle for the progressive middle class.
At its completion, Naya Nazimabad will provide amenities like road network, hospital, mosque, school, commercial area, fitness centre, sports club, park and other utilities on its completion. Once fully developed, it will have up to 30,000 homes accommodating a population of over 100,000 people.
After the successful sale of housing units and plots in Naya Nazimabad in 2011, Javedan Corporation has launched its second phase offering housing units and plots to the public. The development of the first phase is progressing on schedule and handover of property has commenced, while plans for Commercial Area Development are under finalisation.