Over the past few years, Pakistan’s real estate sector has been expanding significantly. Even though the nation is dealing with a serious pandemic, the real estate market remained solid and kept luring investment. Investment from both domestic and foreign purchasers. And their CEOs play a significant part in developing Pakistan’s real estate market. We will feature a few of the top real estate CEO of Pakistan and a few of the top 10 builders of Pakistan in this article.
- Irfan Wahid
- Malik Riaz Hussain
- Rafiq M.Habib
- Sadruddin Hashwani
- Mian Muhammad Mansha
Irfan Wahid is the esteemed CEO of Pakistan’s leading real estate firm. He was born on June 27, 1975, in Karachi’s wealthy P.E.C.H.S. neighborhood, into a well-known business family. His father is likewise a prosperous businessman. Irfan Wahid finished his matriculation exams at City School from the Board of Secondary Education Karachi. In 1990, he earned good A-plus scores. After getting honors for his intermediate schooling from the Board of Intermediate School Karachi. He continued his studies at the Government Degree Commerce College.
Along with these accomplishments, Irfan Wahid, one of Pakistan’s top 10 CEOs, led GFS’s participation in the construction of multi-story residential. He also constructed commercial buildings in Bahria Town Karachi, the country’s largest and most opulent gated community. The GFS Mega Tower, GFS Mega Twin Towers, and GFS Tower-1 are notable constructions.
Under Irfan Wahid’s direction, GFS Builders and Developers expanded their business into other parts of Pakistan, presenting the Seven Wonder City in Islamabad, Peshawar, and Multan. Irfan Wahid expanded his ideas to Bahawalpur and Sukkur as well. In addition to having offices in the UAE, USA, UK, Oman, and South Africa, he has built up assets all over Pakistan. Irfan Wahid has significant management and oversight experience which highlights him as one of the Top Real Estate CEO in Pakistan.
Malik Riaz Hussein is a Pakistani businessman, investor, and the country’s seventh richest person. He is the chairman and founder of the renowned Barrier City, Pakistan’s largest private real estate development company. Besides being a businessman, he is also one of the most famous philanthropists in the country, participating in several charitable activities in different cities of Pakistan.
Riaz started his career as a clerk in a construction company in Rawalpindi, where he learned the ins and outs of the construction industry. In 1980, Rias became a contractor. In 1995, he started a construction company called Global. The same year, his company signed a contract with the Barrier Foundation (Pakistan’s Charitable Naval Foundation) to build a gated community for the Pakistani Navy.
With time he expanded his real estate business. After 2000, his business flourished further. In 2003, Bahria town was the only employer that had over 60000 employees which led them to one of the Biggest private projects in Asia.
Rafiq M. Habib is a highly accomplished individual with multiple prestigious positions, including Chairman of Thal Ltd. and Group Chairman for the House of Habib. He has served on the Board of Governors for the Pakistan Institute of Management, steered Habib Insurance Company Ltd. and Shabbir Tiles & Ceramics Ltd., and contributed to public limited companies like Toyota-Indus Motor Company Ltd. He has also collaborated with Habib Bank as a consultant, showcasing his creative leadership skills and impressive achievements. He also owns a big part of a real estate company under the Habib group which highlights him as one of the Top real estate CEO in Pakistan.
Mr. Sadruddin Hashwani is a member of a prominent Karachi industrialist family. As a trader who co-founded the “Hassan Ali Company” with his brother, he began his business career in 1960. The Hashwanis were known as the “Cotton Kings of Pakistan” in the early 1970s. He also was the biggest exporters of rice and other goods.
Mr. Hashwani shifted his focus to other commercial endeavors. He was particularly popular in the hospitality sector and real estate industries. He began work on the Holiday Inn Islamabad in 1973, and Hashwani Hotels Limited, the hotel’s corporate parent, oversaw its opening in 1978. The Holiday Inn Karachi (now a Marriott Hotel), which opened its doors in 1981, came next.
The largest chain of five-star hotels in Pakistan at the time, Inter-Continental Hotels (now Pearl Continental Hotels), was held by Pakistan Services Limited, which Mr. Hashwani successfully bid for the majority shares of in 1985. Mr. Hashwani serves on the board of M/s Jubilee General Insurance Company Limited. He is also serving as a director for many Hashoo Group of Companies companies.
A prominent businessman in Pakistan, Mian Mohammad Mansha is the chairman of the Nishat Group, which has a significant impact in the textile, cement, financial services, power generation, real estate, hospitality, dairy and agriculture, paper products, retail trade, aviation, and automotive industries.
He supports initiatives in healthcare, women’s education, sustainable tourism, sports, poverty alleviation, and social uplift since he is a devoted philanthropist. For his services to industrial development, Mr. Mansha received the renowned Sitara-e-Imtiaz (Star of Excellence), Pakistan’s highest civic honor, in 2004. He is currently a board member of the Atlantic Council in the USA and MCB Bank Limited.