Sakana offers financing for Bahrain villa project
Manama, November 28, 2012
Bahrain-based Sakana Holistic Housing Solutions, an Islamic mortgage finance provider, has signed a deal with Master Group to provide property consulting services and home financing to the company's Tubli Homes residential project in the Kingdom.
A provider of construction, properties, project management services, Master Group said the Tubli Homes is a thoughtfully designed villa project suiting the needs of Bahraini families looking for luxury lifestyle at an affordable price.
The three-storey villas will have built up area ranging from 318 to 335 sq m and will include a majlis, living room, dining area, visitor lounge, inside and outside kitchen, 4 bedrooms, maid’s room, laundry room, 2 car ports, passenger lift, central spilt air conditioning and landscaped garden. Additionally, swimming pool is also available in some of the villas.
The 12-villa project, located behind Ansar Gallery in Tubli area on Sheikh Isa bin Salman highway, is expected be handed over by November 30 next year. The prices of villas start from BD139,000 ($366,639).
Sakana said it will be offering attractive home finance packages for Bahraini nationals up to 90 per cent of property value with finance term up to 30 years.
CEO R Lakshmanan said, “We are pleased to partner with Master Group on Tubli Homes project which we believe is self-contained and meets the requirement of Bahraini nationals.”
Anthony John, the managing partner, Master Group said: “Sakana is a leading provider of holistic housing solutions and we are glad to have chosen Sakana to provide their services to our valued customers. We are also pleased to announce commencement of construction of Tubli Homes.”-TradeArabia News Service