Leading real estate developer UAE - SOL Properties, the main real estate development arm of the Bhatia Group, has revealed plans to start a string of high-priced projects with an expected gross development value (GDV) of AED12 billion ($3.27 billion) in the next six months.
Said the company, these developments are likely to have a major impact on the UAE real estate market, redefining luxury and efficiency standards, and help the country to expand generally economically.
The 50-year service of the Bhatia Group in the UAE informs the aspirational growth. Driven by the vision of Chairman of Bhatia General Contracting, Founder and CEO of SOL Properties, the company is a trailblazer in the property development and construction scene in Dubai. Said to be evidence of Bhatia Group's dedication to architectural excellence and creative inventiveness, SOL Property's expected expansion and previous successes reflect this.
For both attractively priced luxury developments and costly-luxury types, SOL Properties has bought 4 million square feet of open land. Among the modern and luxury projects are a new Fairmont Residences Solara Tower Downtown Dubai and a West Crescent of Palm Jumeirah development. These two initiatives taken together come to AED8.2 billion.
Additionally, SOL Properties just finished and turned over the well priced luxury building, Oakley Square Residences in JVC, which has sold completely. The successful completion of the project underlines the developer's relentless dedication to provide beautiful homes fit for the demand in the market. People are also attracted towards the amenities that come with buying a house and SOL Properties are also very good at providing world-class services to the customers who buy properties from them.
Along with a 500,000 sq ft area in Abu Kadra, the developer's landbank comprises 2 million sq ft of thriving locations spanning big popular sites such as Jumeirah Village Circle (JVC), Jumeirah Village Triangle (JVT). These acquisitions suit the changing market trends and consumer needs, therefore enhancing SOL Properties's capacity to develop more major projects in the future and increase their presence in the most sought-after areas in the UAE.
Ajay Bhatiya said that at SOL Properties there are real estate development strategies that go more than acquiring good lands as we seek to build their own projects, which further stresses the 50-year-long service with trust, excellence and integrity under Bhatia Group. We have seen attentively over the years the UAE's expansion and have developed alongside the country by helping it. All projects made for both government agencies and commercial clients reflect the company’s views and the hard effort of its team of professionals over years. The next projects and ideas excite us as we want to surpass the expected GDV and match the company's goals with a changing sector and consumer preferences. By following the modern quality and attractive design, we hope to maintain their long-standing heritage in the sector via every project, thus trying to provide even more good things to the cities in UAE.
Having a history of providing more than 250 luxurious projects, Bhatia Group has established a good position in the sector for its project planning and construction, environmental impact assessment, design and safety management, he said to a News
UAE is a popular country in the world because of its luxurious properties and lifestyle that it provides. People from all around the world like to visit or own a house in cities like Dubai which makes it a good market of luxurious property and builders like SOL Properties are going to do a number of projects priced at billions. These new properties will fulfill the demand of modern houses in the popular locations of UAE.
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