Avanti to launch three prestigious projects worth Dh 1bn
November 3, 2008 by UAERush · Leave a Comment
Avanti Holding has announced the launch of three projects at the same time, in Dubai. The news came to reaffirm the company’s position as a key player in the real estate industry across the U.A.E.
The company already delivered to the market 6 other projects in the last two years in the UAE, the new projects, with a total value of Dhs1bn (Dhs1,000,000,000) are mainly prestigious upper middle class accommodations; the first project, called Serenity Lakes and Giordino Rotondo, will be situated in JVC, while the third one and most prestigious project, will neighbor JVC, the Archery Tower, will be located at the Sports City.
“We are proud to be at the forefront of the real estate industry in the U.A.E.”, says Khaled Chaaban - C.O.O. Avanti.
“The launch of the 3 new projects is a sheer example of the massive investment we are making in the region with an aim to accompany and even lead the boom witnessed by the real estate sector”.
It is to mention that Avanti Holding is completely compliant with the Real Estate Regulatory Authority (RERA) regulation and has been adjusting all its systems to the new regulations to protect all parties interests.
“The move that RERA took in regulating the market is a step rather a leap long needed to strengthen the trust in the market and thus adding value to all stake holders in the Real Estate Industry in Dubai.”
Mr Shabaan commented.
Avanti is also happy to inform its clients that it commenced construction phases on 3 projects: Serenity Lakes buildings, Giordino Rotondo ‘the Feng Shu’ designed concept and Archery Tower in Sports City.
A date to celebrate ground breaking is set very soon.
“We finished the soil tests and ground breaking is set on plan, we are just waiting for last NOC from land department” Avanti Project management dept said.
“The contractors who will be working with us on the accomplishment of the 3 new developments have been meticulously chosen based on rigorous criteria of quality , integrity, and ability to meet our deadlines”, ended Chaaban.
Avanti Holding a master developer in several neighboring countries with total projects value to date up to Dhs55bn including the UAE, is keen on becoming one of the leading developers across the region.
With a clear vision and a can-do spirit, I am confident our objective will be achieved sooner than expected.
AME Info/Press release
