Dolmen Group, Pakistan’s premier real estate developer, has signed a Memorandum of Understanding (MoU) with Meezan Bank, Pakistan’s leading Islamic bank, to offer an exclusive Shariah-compliant home financing facility for customers at The Grove Residency; Dolmen’s latest premium residential development project in Karachi.
This strategic alliance brings together Dolmen’s legacy of quality urban development with Meezan Bank’s trusted Islamic financing expertise, creating a seamless path to homeownership for Pakistan’s corporate and business professionals.
Through this partnership, buyers will be able to finance their homes with Meezan Bank’s flagship Islamic Home Financing solution on preferential terms with repayment tenures of up to 20 years. To further facilitate affordability, repayments will begin after project handover, providing customers ample time to plan their finances. Eligible buyers may also benefit from tax incentives of up to 30% on home financing rentals, making the dream of owning a premium home more attainable.
Mr. Faisal Nadeem, Director, Dolmen Group while commenting on the development said, “At Dolmen, we are redefining the future of residential living in Pakistan. Grove Residency is not just a home—it is a holistic community lifestyle. Our collaboration with Meezan Bank is aligned with our mission to make premium living accessible through ethical, transparent, and flexible financial solutions.”
Grove Residency is meticulously designed for modern, healthy living—crafted to cultivate a vibrant, connected community. Featuring state-of-the-art amenities such as a large elevated garden, natural landscaping, lounge cafe, male and female prayer areas, a laundromat, kids’ play zones, and a multipurpose community hall.
Grove Residency promises residents a serene yet socially enriching community lifestyle.
Syed Amir Ali, Deputy Chief Executive Officer – Meezan Bank, shared his thoughts: “Meezan Bank is committed to strengthening Pakistan’s housing sector through Riba-free, Shariah- compliant financial solutions. Our partnership with Dolmen Group reflects this commitment by supporting both affordable housing and quality urban development. We believe housing finance and financial sector growth share a symbiotic relationship, where progress in one strengthens the other and contributes to broader economic development.”
