To ensure fair and transparent allocation of the properties to all customers who had registered at Karachi, Islamabad and Dubai, Emaar Pakistan has commissioned the service of a third party to conduct the balloting. Representatives of the media and the management of Emaar Pakistan will be present.
Mr Mohammed Al-Falasi, Managing Director, Emaar Pakistan, said:
"We thank customers for their overwhelming interest in Crescent Bay, one of the flagship projects of Emaar Pakistan. The balloting will ensure fair distribution of properties within Crescent Bay to the registered customers. Crescent Bay has been envisaged as a world-class development that will further energize the Pakistani economy by creating new job opportunities and supporting the growth of ancillary industries".
Results of the balloting will be displayed on the Emaar corporate website (www.emaar.com) within a week after balloting.
Crescent Bay is a part of the multi-billion dollar development projects Emaar has announced in Pakistan.
It is part of Karachi's DHA Phase 8, which includes the DHA Golf Course and is ideally located near Karachi's central business district.
Crescent Bay covers 108 acres, and will include high and mid-rise towers for residential and commercial use, all replete with comprehensive amenities.
The master-planned community will include a shopping centre as well as a 5-Star beachfront hotel.
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