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Thursday, December 3 - 2009

Al Fara'a Properties hands over 'Le Grand Chateau' project ahead of 2010 deadline

  • United Arab Emirates: Saturday, September 05 - 2009 at 11:58
  • PRESS RELEASE

Al Fara'a Properties, a member of the Al Fara'a Construction, Property and Industrial Group, has announced that the handover of units within its Dhs225m inaugural residential development, 'Le Grand Chateau' (LGC) is complete, well ahead of the 2010 deadline set for the project's delivery.

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  • Living room area of the show apartment at the 'Le Grand Chateau'.
    Living room area of the show apartment at the 'Le Grand Chateau'.
The announcement also coincides with the welcoming of the first batch of tenants moving into the high profile development, which is the first project to be completed in Jumeirah Village.

As a testament to the developer's achievement in adopting top quality construction standards and in affirming the competitiveness of Dubai-based developments among other landmark projects across the Gulf region, LGC has bagged the 'Best Development' award at the CNBC Arabian Property Awards 2008.

Ideally located at the heart of Jumeirah Village, 'Le Grand Chateau' draws inspiration from the architecture of the 16th century Chateaux of the Loire Valley in France. The development comprises 15 luxurious four-bedroom G+2 townhouses and a residential block with a combined total of 185 apartments.

In addition to its impressive design, all aspects of the project - from furniture to lighting - have been carefully selected and blended to uphold the highest standards.

"We are thrilled to be the first developer to deliver a project in Jumeirah Village, ahead of our 2010 scheduled completion date. Through maximising our ability to deliver world-class turnkey solutions as a truly integrated construction group in the UAE, we believe that we have positioned ourselves as a real estate provider of choice to customers that seek solid investment solutions,"
said Dr JR Gangaramani, President and Executive Chairman, Al Fara'a Construction, Property and Industrial Group.

In line with its commitment to provide excellent care to its investors, the Al Fara'a Group has provided LGC investors access to flexible financing options for the project through Abu Dhabi Commercial Bank (ADCB).

Furthermore, the Group has also recently launched a facilities management division, which will help in optimising the costs of maintenance and ensuring the longevity of investments, whether it be through well maintained facilities or stretching the maintenance pool fund as far as possible.

As an additional value-add, Al Fara'a Properties has partnered with Al Huzaifa Furniture to bring occupants a range of décor ideas centered on classic Italian furniture in a contemporary modern setting. LGC tenants are also offered special rates on the leading furniture company's latest collection and its turnkey interior design services such as design consultancy, concept designing and custom interior solutions.

"We are committed to exceeding the expectations of our clients throughout the value chain, whether in terms of providing the right solutions for their needs or actively ensuring the sustained value of their investment. We remain steadfast in our belief that swift, efficient and timely handover of projects is as important as the value of investment driven by construction quality and facilities offered," added Natasha Gangaramani.

"We will continue to apply these standards to 'The Manhattan', and 'Mulberry Mansions' projects in Jumeirah Village, and bolster the investments of our clients through our recently launched facilities management division within the Al Fara'a Group, which will assume full responsibility for the care and security of the project to ensure the quality of the building is well maintained at most acceptable cost and value," concluded Natasha Gangaramani, Director, Al Fara'a Properties.

In addition to LGC, Al Fara'a Properties has two other luxury residential projects within Jumeirah Village - the 'The Manhattan', and the 'Mulberry Mansions'. Inspired by the urban residences of 1930's New York, 'The Manhattan' will offer 355 units, which comprise a selection of studio, one-, two-, and three-bedrooms apartments; while 'Mulberry Mansions' will provide 12 Victorian-styled two-storey townhouses, incorporating four bedrooms, a private two-car garage, a terrace, a balcony, maid's room with separate access, and a small private garden.
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Notes and media contacts

About Al Fara'a Construction, Property and Industrial Group:
Al Fara'a Construction, Property and Industrial Group has a solid track record of three decades, executing prestigious projects in the UAE, and building a reputation for delivering outstanding client value and completing projects on time and within budget. It is a conglomerate of leading business entities including Al Fara'a General Contracting, Unibeton, Belgium Aluminium and Glass and Al Sabbah Electro Mechanical.

Unibeton is the market leader in ready mix concrete, and recently created history by pouring a record 22,000 m3. of concrete in less than 35 hours at Al Attar Sky Spiral, Dubai. Belgium Aluminium and Glass is UAE's largest service provider for the fabrication and installation of aluminium and glazed structures and decorative metal work. Other business entities of Al Fara'a Group deal in contracting, precast, joinery, and steel structure, covering the entire domain of the Construction Industry. Led by a team of experienced engineers, managers and technical experts, Al Fara'a Construction, Property and Industrial Group utilises the most advanced technology and offers multidisciplinary services through one client interface, which reduces costs, simplifies the most complex projects, and enables the company to deliver premium value to the client.

About Al Fara'a Properties:
Al Fara'a Properties was established by Al Fara'a Construction, Property and Industrial Group, and leverages the Group's three decades of experience to build a world-class, professional and client-oriented property development arm. The services offered by Al Fara'a Properties include property development, sales, management, investment portfolio, facilities management, leasing and corporate client consultancy. Born out of the Al Fara'a Group's core values of integrity, customer satisfaction, building partnerships, ethical and professional service delivery, and commitment to enhance customer value, Al Fara'a Properties will keep on track to become one of the premier developers in the region.

For more information, please contact:
CommuniGate Middle East
PO Box 66861, Dubai, UAE
Tel: +971 4 3988134
Fax: +971 4 3988137

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