Who Owns Faisal Residencia Islamabad? Faisal Residencia is owned by Chaudhry Abdul Majeed and developed by his company, currently branded Faisal Town Group Pvt Ltd (formerly known as Zedem International Pvt Ltd). One owner, one company, one portfolio of Faisal-branded projects across Islamabad and Rawalpindi. This guide covers his background, the company rebrand, the full project portfolio, and, importantly, Faisal Residencia’s own history of criticism, so you get the complete picture before investing.
Quick Answer
| Question | Answer |
|---|---|
| Who owns Faisal Residencia? | Chaudhry Abdul Majeed |
| Current company name | Faisal Town Group Pvt Ltd |
| Former company name | Zedem International Pvt Ltd |
| Company founded | 2013 |
| Sister projects | Faisal Town Phase 1 & 2, Faisal Hills, Faisal Margalla City, and others |
| Faisal Residencia’s own NOC status | Pending at CDA (LOP approved 29 March 2022) |
1. Who Is Chaudhry Abdul Majeed?
The credential most worth leading with: company materials describe Chaudhry Abdul Majeed as a former Chairman of the Multi-Professional Cooperative Housing Society (MPCHS), the cooperative body behind large-scale Islamabad schemes such as Multi Gardens B-17.
| Background | Detail |
|---|---|
| Origin | From a small town near Faisalabad |
| Career start | Began as a realtor in his hometown |
| Move to Islamabad | Early 1990s |
| Early sector work | Credited with helping establish CDA Sector E-11; partnered with MPCHS on Sector B-17 (Multi Gardens B-17) |
| Reported experience | 30+ years in real estate, per company materials |
Why the MPCHS Background Matters
Running a major cooperative housing society, if accurate, would mean direct experience navigating land acquisition, member disputes, government approvals, and large-scale infrastructure planning. That’s genuinely relevant experience for anyone leading projects the size of Faisal Town Phase 2 or Faisal Hills. But because this detail comes only from company-affiliated sources, treat it as background context rather than a fully independently audited credential.
2. From Zedem International to Faisal Town Group: The Rebrand Explained
You often see “Zedem International” and “Faisal Town Group” interchangeably. Here’s the clarification: Zedem International Pvt Ltd was the company’s original registered name. It was later renamed Faisal Town Group Pvt Ltd. Same ownership, same leadership, same underlying company; just a different brand name.
Why This Matters for Buyers
You may see legal or payment documents, even for newer projects like Faisal Residencia, that reference “Zedem International Pvt Ltd” rather than “Faisal Town Group.” This isn’t necessarily a red flag on its own, but it is a detail worth resolving before you sign anything or write a payment instrument.
How to Confirm the Correct Legal Entity
1. Ask the sales office directly which legal entity name should appear on your payment order or demand draft
2. Search the Securities and Exchange Commission of Pakistan (SECP) public company search tools for both “Zedem International Pvt Ltd” and “Faisal Town Group Pvt Ltd” to see current registration status
3. Check that the entity name on your booking form matches the entity name on official NOC filings for the specific project
4. If in doubt, request written confirmation from the developer on official letterhead.
3. Faisal Town Group’s Full Project Portfolio
| Project | Location | Authority | NOC Status |
|---|---|---|---|
| Faisal Town Phase 1 | Sector F-18, Islamabad | RDA | Approved, 4,735 Kanal, fully delivered |
| Faisal Hills | GT Road, Taxila | RDA | Approved, 11,823.5 Kanal |
| Faisal Margalla City | Opposite Multi Gardens B-17 | RDA | Approved (early 2019) |
| Faisal Town Phase 2 | Thalian Interchange, M-2 | RDA / PHATA | Under process |
| Faisal Residencia | Sector E-17, Islamabad | CDA | LOP approved (29 March 2022); NOC pending |
| Multi Gardens B-17 | Sector B-17, Islamabad | CDA (via MPCHS) | Developed jointly with MPCHS |
| Faisal Jewel / Faisal Tower | Faisal Hills / Faisal Town Phase 1 | N/A | Commercial towers, under construction; Faisal Jewel won two 2025 International Property Awards |
| Faisal Villas / Faisal Hills Villas | Within Faisal Town & Faisal Hills | N/A | Villa-specific developments |
Portfolio Snapshot: Approved vs. Pending
| Status | Projects |
|---|---|
| NOC Approved | Faisal Town Phase 1, Faisal Hills, Faisal Margalla City |
| NOC Pending/Under Process | Faisal Residencia (CDA), Faisal Town Phase 2 (RDA/PHATA) |
4. Is Faisal Town Group a Credible Developer? What the Track Record Shows
Strong brand recognition and multiple genuinely NOC-approved, delivered projects, but a mixed record on timelines, including on Faisal Residencia itself.
Positive Signals
- Faisal Town Phase 1 is fully delivered, RDA-approved, and occupied
- Faisal Hills is RDA-approved for 11,823.5 Kanal and actively developing
- Faisal Margalla City is RDA-approved
- The company is reported to be SECP-registered, a basic legitimacy marker worth verifying yourself
- 30+ years of operating history in the Rawalpindi/Islamabad market, per company materials
What “Reputable Developer” Doesn’t Guarantee
A strong brand reduces risk, but it doesn’t eliminate it on a project-by-project basis. Faisal Residencia’s own history is the clearest example within this portfolio; the same company that delivered Faisal Town Phase 1 has, according to independent accounts, allowed Faisal Residencia to move much more slowly. Brand trust and project-specific risk are two distinct things, and this guide deliberately treats them as such.
5. The “Stalled Project” Criticism and Faisal Residencia’s Current Status
A widely cited 2022 report described Faisal Residencia as a “flop project” with land not fully purchased and no visible development; more recent sources describe slow but ongoing progress, though this needs independent verification before you rely on it.
The 2022 Criticism
A 2022 industry report described Faisal Residencia, nearly five years after launch at that point, as a project where:
- No meaningful development had taken place
- The land was reportedly not fully purchased by the developer
- Investor confidence was low, with the report noting “no one is ready to invest”
- The CDA had not yet issued the NOC
The same report noted that Chaudhry Majeed, in an interview, gave assurances to revive the project and said he would not let investors lose their money.
How to Judge Current Progress Yourself
Given how differently developer-run pages and independent reporting describe the same project, don’t rely on either alone:
1. Visit the site in person and assess visible infrastructure yourself
2. Ask the developer directly for a current, dated development-percentage estimate, not just a general reassurance
3. Search for recent independent news coverage before assuming the 2022 criticism no longer applies
4. Cross-check against our dedicated Faisal Residencia NOC guide, since NOC status and development pace are directly linked here
6. What the Ownership Structure Means for Faisal Residencia Buyers
Confirm the correct payee entity name before paying anything; use the developer’s approved projects as a quality reference point, but treat Faisal Residencia’s own pending NOC and past criticism as a separate, project-specific risk.
- Confirm the entity name, Zedem International or Faisal Town Group, whichever is currently correct for this specific project, before writing any payment order
- Use NOC-approved sister projects (Faisal Hills, Faisal Town Phase 1) as a quality benchmark, since they show what the developer can deliver once approval clears
- Don’t let that benchmark substitute for Faisal Residencia’s own project-specific risk; its pending NOC and documented slow-development history are real, separate factors
- Request documentation directly from the company, dated NOC application references, current development percentages, and payment schedules; rather than relying solely on third-party marketing sites
Due-Diligence Checklist
1. Verify the current legal entity name via SECP’s public company search
2. Confirm Faisal Residencia’s live NOC status directly with CDA
3. Get the payment schedule and payee details in writing on official letterhead
4. Visit the site in person to assess actual development progress
5. Search for recent, independent news coverage; not just developer-run marketing pages
Frequently Asked Questions
Q1: Who is the owner of Faisal Residencia Islamabad?
Chaudhry Abdul Majeed, through his company currently known as Faisal Town Group Pvt Ltd (formerly Zedem International Pvt Ltd).
Q2: Is Zedem International the same company as Faisal Town Group?
Yes. Zedem International was rebranded as Faisal Town Group Pvt Ltd. Ownership and leadership stayed the same.
Q3: What other projects has Faisal Residencia’s developer built?
Faisal Town Phase 1 and 2, Faisal Hills, Faisal Margalla City, Faisal Jewel, Faisal Tower, Faisal Villas, and Multi Gardens B-17 (developed jointly with MPCHS), among others.
Q4: Is Faisal Town Group a registered company?
Multiple sources state it is registered with the Securities and Exchange Commission of Pakistan (SECP). Buyers should verify current registration status directly through SECP’s public search tools rather than relying on marketing claims alone.
Q5: Was Faisal Residencia ever considered a failed or stalled project?
Yes, a 2022 industry report described it as a stalled or “flop” project with land-purchase concerns and no visible development at the time..
Conclusion
Faisal Residencia is owned by Chaudhry Abdul Majeed and developed under the Faisal Town Group/Zedem International name, a company with a genuinely large portfolio and real NOC-approved successes such as Faisal Town Phase 1 and Faisal Hills.