Karachi Creek Marina

Creek Marina is an under-construction high rise ocean-front residential project located in DHA Karachi.^[2]

Launched in 2005 as a joint venture project between Meinhardt Group and DHA, while the masterplan was designed by Hirsch Bedner Associates.^[3] The project's masterplan includes eight 24-storey towers with a total of 780 apartments.^[4]

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.^[5] Out of 780, 280 apartments where sold by 2010 for an average prise of $200,000, in 2011, buyers formed an Action Committee to pursue for either a refund or completion of the project.^[6] On August 20, 2015, National Accountability Bureau brought charge's against Creek Marina Project management for cheating public at large.^[7]

See also

• Economy of Pakistan
• List of tallest buildings in Pakistan
• Defence Housing Authority
• Defence Housing Society

References

1. ↑ http://www.meinhardtgroup.com/
2. ↑ http://www.creekmarina.com/theme/locations/
3. ↑ "'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. 
4. ↑ "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. 
5. ↑ "'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. 
6. ↑ Khan, Aamir Shafaat (2014-04-02). "Buyers become victims of high-end swindling?". www.dawn.com. Retrieved 2016-06-16. 
7. ↑ "Graft charges being probed against Naya Nazimabad, politicians, bureaucrats". www.thenews.com.pk. Retrieved 2016-06-16. 

External links

• Official Website
• Meinhardt Engineering Consultants
• Pakistan Defence Officers Housing Authority

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