Staff Reporter
Karachi
HBL Islamic Banking and Dolmen Group recently entered into a strategic partnership, as per which, they are to provide access to premium real estate using the Islamic Home Financing facility. This facility has been rolled out for Dolmen Group’s customers and Grove Residency is the first project which is being offered Shariah Compliant Home Financing through this partnership. Grove Residency is a premium residential community development by Dolmen Group comprising of three residential towers with modern amenities. The project is currently under construction and is expected to be completed in 2023. Under this arrangement, HBL Islamic Banking offers a Home Financing Facility of up to 70 percent of cost of each unit for a period of up to 20 years to pre-approved customers of Grove Residency. This finance facility will have preferential rates and will be dispersed to the customer at time of handover of project.
