Creek Marina is an under-construction high rise ocean-front residential project located in DHA Karachi.
Launched in 2005 as a joint venture project between Meinhardt Group and DHA, while the masterplan was designed by Hirsch Bedner Associates. The project's masterplan includes eight 24-storey towers with a total of 780 apartments.
The development has been site of repeated delays, initially projected to be completed by 2009, conflicts between Meinhardt and DHA has stalled the project's development. Out of 780, 280 apartments were sold by 2010 for an average price of $200,000; in 2011, buyers formed an Action Committee to pursue for either a refund or completion of the project. On August 20, 2015, National Accountability Bureau brought charge's against Creek Marina Project management for cheating public at large.
See also
- Economy of Pakistan
- List of tallest buildings in Pakistan
- Defence Housing Authority
- Defence Housing Society
References
- "Home". meinhardtgroup.com.
- "Creek Marina".
- "'Risky' investment: Over 250 families have Rs3b at stake at Creek Marina project in DHA - The Express Tribune". The Express Tribune. 2013-12-16. Retrieved 2016-06-16.
- "Bad investment?: Creek Marina still a dream as developers, DHA stuck in deadlock - The Express Tribune". The Express Tribune. 2014-04-17. Retrieved 2016-06-16.
- "'Risky' investment: Over 250 families have Rs3b at stake at Creek Marina project in DHA - The Express Tribune". The Express Tribune. 2013-12-16. Retrieved 2016-06-16.
- Khan, Aamir Shafaat (2014-04-02). "Buyers become victims of high-end swindling?". www.dawn.com. Retrieved 2016-06-16.
- "Graft charges being probed against Naya Nazimabad, politicians, bureaucrats". www.thenews.com.pk. Retrieved 2016-06-16.
External links
Categories: