Bahrain-based Manara Developments Company is set to launch a unique range of its properties at the Gulf Property Show 2016, the boutique showcase for real estate and property developments which opens this month in Bahrain.
The event is being organised by Hilal Conferences and Exhibitions (HCE) under the patronage of HRH Prince Khalifa bin Salman Al Khalifa, the Prime Minister of Bahrain, from April 26 to 28 at the Bahrain International Exhibition and Convention Centre.
On the upcoming show, managing director Dr Hasan Al Bastaki said: “Manara’s participation as a strategic partner in this real estate event, portrays its commitment to the real estate sector, as this exhibition, which achieved a growth of up to 70 per cent from 2013, is an annual opportunity for industry players, as well as prospective owners to meet and address the industry’s latest developments and trends.”
Dr Al Bastaki said Manara will exhibit three major residential projects one of which is a mixed-use development “Hasabi” project offering breathtaking seafront views.
Also at the expo, Manara aims to introduce a new sales phase of its Investment Gateway – Bahrain project that offers opportunities for ownership for Bahraini as well as non-Bahraini companies and individuals, a feature that makes the project, and the kingdom an ideal base for a wide array of light industry and logistical support on both the local and regional level.
Launched two years back, Investment Gateway – Bahrain is a major initiative by the company to encourage and support investments in the kingdom, with a particular focus on foreign investments.
In addition, amongst the projects that will be showcased at the exhibition, include Kenaz Al Bahrain featuring 64 residential units spread over eight four-floor apartment buildings, in addition to Wahati, a subproject of Wahat Al Muharraq that was initially introduced over three phases since 2011, offering a total of 227 villas of various sizes and designs and targeted at middle-income earners.
According to him, the project offers apartments that were specifically designed to meet the requirements of modern Bahraini families while maintaining the common trend towards vertical expansion to address the scarcity of land and thus serving a greater population within the available space and yet meeting the needs and requirements of young Bahraini families.
Dr Al Bastaki said Manara was amongst the first companies to join the partnership with the Ministry of Housing more than two years ago in line with the leadership’s directives towards the national social housing strategy.
Through this partnership, Manara extended its support towards the efforts of the Ministry of Housing in providing appropriately priced housing to suit the modern family’s needs and achieve social stability.
Source: TradeArabia.com