Javedan Corporation Limited
The Arif Habib Group has a significant stake in Javedan Corporation Limited (JCL) which commenced its operations as a cement manufacturing plant back in 1960.
As the city limits grew to envelop the plant and it was surrounded by a dense residential area,environmental concerns led to the group dismantling the cement plant and launching a housing society by the name and style of Naya Nazimabad. Naya Nazimabad over the period has become a master piece in the centre of city and has provided an unmatched lifestyle to its residents. It has indeed become a Mark of Pride for the city of Karachi.Spread over 1,366 acres and located just 2km from Sakhi Hasan, North Nazimabad, Naya Nazimabad has significantly contributed in upliftment of surrounding areas and the Group going forward envisions providing opportunities to people to completely transform the overall adjoining areas/kachi abadi.
Being the only completely owned real estate development of its time, the design includes a host of amenities such as an international standard cricket ground which has been host to several tournaments,football ground, basketball ground (all with academies) and extensive green areas with award winning tree plantation. Further facilities such as one of the largest mosques, with a pillar-less prayer hall, in the subcontinent (nearing completion), educational facilities, medical centre and hospital, and the largest singular commercial precinct of its magnitude are in various stages of planning or construction.
With the number of residents moving into their new homes, and a large number of houses under construction and approval stages Naya Nazimabad is fast transforming from a developing area to bustling community enjoying the enhanced standard of living offered nowhere else within the thickly populated city area. Naya Nazimabad is poised to launch its apartments, commercial sites and Naya Nazimabad Gymkhana Club House.