KARACHI A housing project by the name of Naya Nazimabad was announced on November 19 at a press conference held at the project site. This is a project of Javedan Corporation Limited and has been sponsored by a consortium comprising Arif Habib, AKD and Ghani Osman Hum Group, says a Press release. Naya Nazimabad is a residential project that has been specially planned for the progressive middle income group. It offers residential units, along with a wide range of amenities i.e. schools, colleges and university, hospitals and clinics, parks and shopping malls, etc. The project spans across a vast area and is located close to North Nazimabad. Speaking to the media, Arif Habib, Chairman Arif Habib Group, said, The main purpose behind this project is primarily to respond to the need for safe, affordable and convenient housing for the progressive middle income group. Our vision is to create a model city that is based on social convenience, innovation, better living standards and a peaceful life.