Saturday, April 22, 2017

Manara to unveil novel housing projects at Gulf Property Show

Manara Developments, a leading real estate development company, is set to launch two unique housing projects - Hasabi and Wadi Al Riffa - at the Gulf Property Show 2017 which opens this week in Manama, Bahrain.

The event, being organised by Hilal Conferences and Exhibitions (HCE), will kick off on April 25 and run till April 27 under the patronage of Bahrain's Prime Minister HRH Prince Khalifa bin Salman Al Khalifa at the Bahrain International Exhibition and Convention Centre.

As a strategic sponsor, Manara will be playing a key role at the Gulf Property Show, a boutique showcase for the real estate and property development sectors in the Northern Gulf.

The Hasabi and Wadi Al Riffa are two unique housing projects designed specifically to meet the housing demands of modern Bahraini families, and built as per the highest quality and environmental standards, it stated.

Unveiling its Gulf Property Show plans, managing director Dr Hasan Al Bastaki said the company plans to launch its affordable housing projects - Wadi Al Riffa, a key development featuring 130 attached villas with land area of 180 sq m and built-up area totalling 235 sq m, and Hasabi - for sale at the upcoming industry event.

Dr Al Bastaki said the civil works will soon start on the Wadi Al Riffa project and is likely to be completed in two years.

The units have been designed to fulfill the requirements of modern Bahraini families who are entitled to benefit from the social housing program “Mazaya” offered by the Ministry of Housing in collaboration with Eskan Bank, he stated.

On its “Hasabi” project, Dr Al Bastaki said it was currently undergoing the earth works, where the company is expected to commence the civil works upon receiving the necessary governmental permits.

Manara, he stated, is keen on designing the “Hasabi” project to be compliant with the modern trends for residential building and construction.

The multi-purpose project boasts three- and four-bedroom residential units with sea views and each with a private jetty, in addition to commercial developments for sea view restaurants and coffee shops to serve the daily needs of residents, in addition to beach facilities and residential buildings three and four floors high.

Dr Al Bastaki said these projects are in line with the company’s recent focus on providing affordable housing that is in line with the general demand.-TradeArabia News Service

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