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Hydra Properties sets Hydra Village Sharjah as focal point of Real Estate Show
- United Arab Emirates: Tuesday, January 27 - 2009 at 14:42
- PRESS RELEASE
Hydra Properties, the leading UAE-based international property developer, has announced that its two most recent projects, Hydra Village Sharjah and Time Square Lahore, have received an overwhelming response from potential investors at the International Real Estate and Investment Show (IREIS).
Time Square Lahore, which was unveiled on the opening day of the exhibition, is Hydra's latest iconic project on foreign soil. Dubbed as the jewel of Lahore, Pakistan, the mixed-use development will rise at the prominent Defence Housing Authority (DHA) and will cover a massive 48.36 acres of prime land, featuring close proximity to Lahore's international airport, only 25 kilometres away from the city's bustling railway station.
The project generated tremendous interest from the show's visitors as the residential component of Time Square's first phase was introduced to the eager crowd. The development's capability of attracting attention is due to the prestige associated with Defence Housing Authority and the innovation connoted by the Hydra Properties brand.
Commenting on Hydra's fruitful participation at the event, Dr. Sulaiman Al Fahim, Chief Executive Officer said, "It is truly overwhelming to receive such enthusiasm and tremendous interest for our latest projects. Hydra Village Sharjah and Time Square Lahore are two truly magnificent master developments and I am delighted to announce that through these projects, together with many others that Hydra Properties has portrayed here, the UAE will strengthen its position at forefront of the global investment agenda especially when it comes to real estate investment."
The premier property developer has also successfully positioned its Hydra Village Sharjah, as the focal point of the annual three-day event. Hailed as the upcoming haven of 50,000 residents, the family-oriented community from Hydra Properties is a multi-purpose suburban development that will emblazon a stylish and contemporary community in the emirate of Sharjah.
With Hydra Properties' forged alliances with some of the top financial institutions in the country - Aseel and Abu Dhabi Commercial Bank - the developer presented an incredible, two-fold opportunity to an international audience by featuring top-tier real estate properties combined with easy access to home financing. Investors can secure financing of up to 80% of the property.
Only 40 kilometres away from Dubai, Hydra Village Sharjah will have a total of 1,068 townhouses and 3,618 apartments scattered across eight clusters, and cater to an overwhelming spectrum of diverse lifestyles which demand for comfort, luxury, indulgence. The new development, along with the rest of Hydra's exquisite line of high-value projects, is set to truly mesmerise visitors to the prominent real estate investment exhibition.
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Notes and media contacts
About Hydra Properties:Hydra Properties is a privately owned company, established in 2006 in Abu Dhabi, the capital of UAE. The company was established with a vision to provide the UAE, Middle East and the world with unprecedented development concepts which are reflected in the company's various landmark projects. Since inception, the company has embraced the best international building criteria and has introduced fresh concepts in design and materials.
Hydra Properties does not only see itself as only a real estate development company. Hydra Properties has clear social commitments and responsibilities. Hydra never misses an opportunity to give back to society through its endless community activities in the areas of cultural awareness, support to sport activities and providing major community service through its active and ongoing role in supporting health, education and social institutions.
Hydra Properties has rapidly expanded in the UAE with several mega projects in Abu Dhabi and Dubai. Relentless efforts have allowed it to expand globally into Mexico, where it has developed 'Hydra Waves', one of the finest luxury projects in North America.
For further information, please contact:
Yasser Fathy / Walid El-Tigi
Arabia PR FZ LLC
Tel: +9714 3911201
Fax: +9714 3904511
P.O. Box: 500491, Dubai, UAE
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