Storm, there's this senior banker in Karachi who was restoring once around 2003-4, and working hard on it. I lost touch with the guy and don't know where the project went.
There's another red one that stands outside the owners house 24/7. That guy lives in one of the lanes parallel to Zamzama. Its red. I'm sure most of the Karachi guys have seen it.
Good luck with this project too.