Manara sees Bahrain project on track
Manama, August 13, 2011
Manara Developments, a Bahrain-based real estate development company, said that progress in phase one of its Tubli Gardens project has been positive accounting for the completion of more than 50 per cent of the project.
Manara Developments issued its second report to its shareholders of Tubli Gardens, showing the project’s latest progress to date, and the way forward.
The report showed that following the issuance of the first report three months ago, work has commenced in laying the first floors of the villas, and the completion of the outer and rear boundary walls for all units and the completion of the ceilings fixing for the lower levels.
In addition wall plastering and finishing works to the ground levels have started in all the villas.
Manara Developments’ managing director Dr Hasan Al-Bastaki pointed out that in parallel to the work being carried out to the villas in phase one, special attention is being given to two particular villa’s, one “Corner” type villa, and one of the “Typical” type which is semi connected to other villas.
The aim of this is to showcase the final deliverable of the project to potential investors looking to invest in the upcoming phases of the projects.
The construction plan aims to build all villas (27 villas) in parallel to be completed in the same period of time.
“It came as the fruit of the success of launching phase one, as Manara is currently planning the details of phase of the same project, at a cost reaching $8 million,” said Dr Al-Bastaki.
He noted that amongst the major factors that led to Tubli Gardens’ success were its family orientated designs, distinguished location, quality construction and finishing, and most importantly; competitive pricing.
The villa consists of three bedrooms, an inside and outside kitchen, three bathrooms, and two living rooms, maid’s room, in addition to a garage with a capacity of two cars, and space to construct an optional backyard swimming pool.
“Choosing the location of the project was studied to be situated within the suburbs of Manama and close to Bahrain’s main roads connecting to the Central Business districts of the capital, with access to services. These attributes contribute to Tubli Gardens being as an ideal housing location of choice for Bahraini families,” added Dr Al-Bastaki. – TradeArabia News Service