UAE-based developer partners with Oman-based OHI Group to develop a mixed-use project centered around luxurious living (UAE)

ETA Star, a leading property developer in the UAE, recently announced its partnership with Oman Holdings International Group (OHI), a prominent corporate house in Oman, to launch a premium luxury township in Qurum at the heart of Oman.

Mr. Maqbool Hameed Al Saleh, Chairman OHI Group
with Mr. Abid Junaid, Executive Director ETA Star

The project will be a multi-purpose project with residential apartments, offices and retail spaces, blending luxurious living with high levels of convenience. The proposed launch of the project is end October.

Commenting on the same, Mr. Abid Junaid, Executive Director, ETA Star Properties added that, "The property market in the GCC is growing at breakneck speed and Oman is fast catching up with this upswing. We believe it is an opportune time for us to enter Oman and this joint venture with the OHI Group is part of our vision of building confidence, trust and credibility in all our projects in the real estate market place. We are confident that this project will not only be a landmark in Oman but will also reinforce Oman's potential of becoming a significant international destination."

Mr. Maqbool Hameed Al Saleh, Chairman, OHI Group said, "We are extremely pleased to partner with ETA Star Properties as we see strong synergies with them due to their legacy of excellence and long-standing expertise in the real estate industry. The signing of the agreement at this time signifies that ETA Star will join us in every step of the way, in implementation of this landmark project in Oman."

ETA Star is currently developing millions of square feet of premium property in countries across the Middle East and South-East Asia, including UAE, India, Sri Lanka, Qatar and Turkey. ETA Star has built thousands of beautiful homes and living communities, as well as, world-class business and commercial developments across the globe -- all excellent investment opportunities, which are fast reshaping the urban skyline. Keeping this track record in mind along with a distinctive ETA Ascon lineage, the regional banks have developed confidence in ETA Star Properties and a strong credibility has been established with the leading financial institutions of the region.

A rare promise to keep in today's swarming real estate market; every ETA Star property is as per schedule and construction is progressing at an aggressive pace. Forever in pursuit of better customer service, ETA Star has introduced revolutionary and innovative investment opportunities for their customers with unique partnerships with leading financial institutions across the world.

Source: Property World ME

Related News