Falaknaz Group, established in 1975, is one of Karachi’s most enduring property developers with over 50 completed residential, commercial, and gated projects across the city. As an ABAD corporate member and SECP-selected REIT development partner, the group currently has two flagship off-plan projects open for booking through MaxX Capitals: Falaknaz K-I Towers in Bath Island, Clifton, and Falaknaz Tiara opposite DHA Phase 7 Extension.

Falaknaz Group Quick Facts

  • Founded: 1975 (over 50 years of continuous development in Karachi)
  • Headquarters: Karachi, Pakistan
  • Industry Membership: Active corporate member, Association of Builders and Developers of Pakistan (ABAD)
  • Regulatory Compliance: Full SBCA and Cantonment Board approvals across all active projects
  • Market Segment: Ultra-luxury vertical towers, integrated gated communities, and mixed-use retail centers
  • Delivered Projects: 50+ completed residential, commercial, and horizontal gated developments
  • REIT Partnership: Selected development partner for the SECP-registered, PACRA-rated Mukab Falaknaz Developmental REIT Fund
  • Key Corridors: Bath Island / Clifton, DHA Phase 7 Extension / Creek Road, Malir Cantt, Scheme 33, Gulshan-e-Iqbal
  • Available Inventory: 5 unit listings across 2 projects on maxxcapitals.com
  • Authorized Sales Partner: MaxX Capitals – Off-Plan Property Advisors

Active Projects and Payment Plan Comparison

Project Location Unit Configurations and Sizes Payment Plan Booking and Inventory
Falaknaz K-I Towers (Khadija Ilyas Towers) Bath Island, Clifton, Karachi 3-Bed (2,591 sq ft) from PKR 82M; 4-Bed (3,300 sq ft) from PKR 107M 54-Month Installment Plan Explore Khadija Ilyas Towers Units
Falaknaz Tiara Opposite DHA Phase 7 Extension, Creek Road, Karachi 2-Bed (1,466 sq ft), 3-Bed, and 4-Bed (up to 2,591 sq ft) from PKR 30.8M Structured Milestone Payment Plan Explore Falaknaz Tiara Units

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