AL BUSTAN RESIDENCES BEGINS CONSTRUCTION OF LUXURY VILLAS
Sunday, September 25, 2011 at 8:00AM TIMES OF OMAN - 25/09/2011
Al Bustan Residences, one of Oman’s most recent and prestigious real estate developments, has announced the official commencement of construction on the exclusive site which is located opposite the iconic Majlis Oman parliament building in the beautiful Al Bustan village.
The official ceremony recently took place at the site where Sayyid Salem Musallam Al Busaidy, on behalf of Baader Projects, Hotels and Resorts and Jacob Carlose, general manager of Al Hajiry Trading, Construction Division declared the site open.
Signs of recovery
The Al Hajiry Group was appointed earlier this year as the project’s construction contractor and will be responsible for the construction of the development which comprises luxury villas and also includes an exclusive health club.
The philosophy behind the development is to provide a peaceful haven for those looking to escape the strains of hectic city living.
Al Hajiry Group was established in 1994 and is well respected within the region, particularly recognised for their expertise in civil mechanical and electrical contracting.
The mobilisation of the Al Bustan Residences site and the start of the ground works demonstrate the developer’s commitment to the project and to Oman’s future real estate market, which is showing early signs of recovery following a challenging period.
Chris Steel of Savills Oman said; “We are excited to see the mobilisation on the site and the beginning of the ground works and look forward to seeing Al Bustan Residences emerge as one of the most exclusive and luxurious developments in Muscat — designed using modern architecture blended with local tradition.”
“We feel the timing is now perfect to start works following a quite period where developers have been hesitant about entering the real estate market. We have seen early signs of recovery here in the Sultanate of Oman and we all believe that the time is now right.
Tourist destination
Baader Projects, Hotels & Resorts will lead the way for others to join them in developing Muscat as a leading tourist destination and a second home to other residents within the region.”
Al Bustan Residences will be ready to provide an exclusive retreat to investors and visitors wanting to take advantage of all that Oman has to offer as a result of these new developments and attractions.
Savills Oman is the official Muscat-based real estate agent appointed for the sale of this prestigious development.
Reader Comments