KARACHI: TPL Properties has unveiled its ambitious new project, The Mangrove, a modern residential and commercial development spanning 70 acres in Karachi.
Designed to blend nature with urban sophistication, the project aims to set new benchmarks in construction by adhering to global standards.
The soft launch ceremony, held at a local hotel in Karachi, was attended by TPL Group CEO Ali Jameel, TPL RMC CEO Jamal Baqir, as well as senior banking officials, industrialists, and business leaders.
During the event, Ali Jameel emphasised the company’s commitment to innovation and excellence, remarking, "Pakistan has exceptional engineers and world-class teams. We also plan to initiate projects on an international level." He further described The Mangrove as a transformative endeavour, saying the project embodied the phrase “turning the wilderness into a paradise."
Located along the scenic Korangi Creek, The Mangrove will feature a gated community spanning 15 million square feet. Central to the development is a 14-acre park, forming part of a broader landscape designed to provide a serene and sustainable living environment.
The project will include residential and commercial buildings with top-tier facilities, catering to diverse lifestyles.
As Pakistan’s first construction model designed to meet international standards, The Mangrove promises a unique living experience in a natural mangrove setting, offering residents a peaceful retreat from Karachi’s bustling city life.
With its modern infrastructure and focus on sustainability, the project positions TPL Properties as a pioneer in redefining urban living.
The development is expected to create an ecosystem that combines luxury, functionality, and environmental harmony, making The Mangrove a standout project in Pakistan's real estate landscape.
"World is changing, which is why it is more important than ever to back our world-leading businesses," says UK FM
We’re ensuring reduced inflation benefits reach the common man, excluding middlemen, says Aurangzeb
Paper says Binance CEO asked US for removal of monitorship, reduction of its duration, scope
Deal is expected to help Argentina "catalyse additional official multilateral and bilateral support", says IMF
Benchmark index loses 1,335.88 points, or 1.15%, to settle at 114,853.33
Senior Fed official warns of potential for tariffs to have a long-lasting impact on inflation