In a significant step toward reshaping Pakistanโs skyline, Chakor Ventures has signed a contract with Greaves, the sole distributor of Otis elevator system in Pakistan, to integrate world-class vertical mobility solutions into its flagship real estate development project, ย Citadel 7. This partnership marks a transformative milestone in Chakor Venturesโ ongoing commitment to building futuristic infrastructure that blends innovation, safety, and modern living.
Chakor Ventures hosted a strategic contract-signing ceremony at its Islamabad office on July 9, 2025, welcoming senior representatives from Otis and Greaves. In attendance were Mr. Omer Khitab, General Manager at Chakor Ventures; Mr. Irfan A. Shah, Senior General Manager at Greaves; and Mr. Hafiz Asif Nazir, General Manager at Greaves. Together, they reaffirmed a shared commitment to installing state-of-the-art vertical elevator systems in Citadel 7, setting a new industry benchmark for innovative, high-performance mobility in Pakistanโs real estate sector.
With over 160 years of experience, Otis Elevator Company is a global leader, renowned for its engineering excellence in elevators, escalators, and moving walkways, backed by strict international safety standards ( otisinvestors.com). In Pakistan, Greaves serves as Otisโs trusted distributor, bringing technical expertise and local support to every project.
To understand Otisโs global reputation, look no further than Dubai:
One Zaโabeel: A mixed-use twin-tower where Otis installed 82 units, including SkyRise single and double decks, Gen2 elevators, and the Compassยฎ 360 destination-management system for faster, smarter traffic flow (otis.com).
Sobha Creek Vista Heights: In MBR City, Otis equipped two 63-story towers with 22 SkyRise elevators, also featuring Compassยฎ 360 and EMS Panorama 2.0 monitoring for efficient operations (elevatorworld.com).
Various Sobha Realty Projects: A massive deployment of 303 Otis elevators, including Gen2 and SkyRise models, across five luxury developments (elevatorworld.com).
Key Otis features that transform vertical transportation include
- Compassยฎ 360 Destination Dispatch uses smart destination control to direct passengers to the most efficient elevator, significantly reducing wait and travel times while enhancing traffic flow in high-rise buildings.
- High-speed SkyRiseยฎ elevators are designed for high-rise environments.
- Gen2ยฎ machine-room-less systems for compact, energy-efficient rides
- Real-time EMS elevator monitoring to ensure reliability and proactive maintenance
At the Contractย signing ceremony, Mr. Omer Khitab, General Manager of Chakor Ventures, stated:
โAfter extensive research and evaluating all major brands, we found OTIS to be the most suitable choice for Citadel 7. We also secured several customized features, including bespoke interiors, a destination control system to optimize vertical commute, and firefighting elevators for enhanced safety.โ
To ensure the premium standard of the project, Mr. Muhammad Abbas Khan, CEO of Chakor Ventures , personally visited the OTIS manufacturing facility.
Mr. Irfan A. Shah, General Manager of OTIS, remarked during the ceremony:
โOTIS elevators are trusted in ten of the worldโs most iconic buildings, including the Burj Khalifa and the Eiffel Tower. Weโre proud to bring that same global excellence to Citadel 7.โ
For end users, this means faster, safer, and smarter elevator journeys. For investors and tenants, it enhances trust, operational excellence, and long-term value. With this high-impact collaboration, Chakor Ventures, Otis, and Greaves are redefining Pakistanโs commercial tower standards, raising the bar for smart development.
