Pakistan's first student housing development will be launched by One Homes.
One Homes is a giant UK-based real estate group cooperation, that focuses on international development, invests in many countries, and develops many housing projects.
One Homes is currently developing real estate projects in Pakistan, and it is reported to be worth around US $435 million. Its primary focus is to build student housing that will challenge the students who are facing issues in Pakistan and will also help with accommodation, and it will be a woman-first approach. It will be safe and secure for students.
There are around 22.6 million students who are currently doing higher education, and they require accommodation which has facilities. It should be safe and secure. The purpose of this project is to meet the demands of the students, and people are opening colleges and universities but do not focus on students' accommodation, which is a must. Real estate experts say that this is a sector that no one focuses on, and it is an untapped sector. If we focus on it properly, then cooperation can generate around US $30 billion on an annual basis.
Aqib Hassan, who is the C.C.O of One Homes in Pakistan, said that currently there are 50% of the total number of women who are doing higher education in Pakistan. They do not get proper hostels, proper rented apartments, etc., for their educations and other business opportunities which they deserve. Young women are the future of Pakistan, and they need a better environment. Therefore, One Homes will bring an environment that thrives and provides a safe and secure environment for young women.
Our project is practically women-first, and it's not just the words that other business corporations do. Our project is being developed near the Lahore educational hub, and it is surrounded by many universities and colleges.