Truly speaking, the real estate scenario in the realm of UAE is rising yet again by leaps and bounds and all these have stimulated the Shaikhani Group to bring forth its latest subsidiary - ‘Shaikhani Developments’. Well, this is a novel property development, contracting and project management company and its first and foremost job will be to keep tabs on development, construction and project management activities.
It has already been said that real estate scenario in the realm of UAE is rising yet again and copious numbers of reports do confirm that it goes on to lead other Gulf countries in investments into real estate projects. What do the reports state precisely? They put forward the theory that the country will make up 44 per cent of total regional investments in real estate by 2013.
Speaking on this, Rizwan Shaikhani, Managing Director, Shaikhani Developments, stated, “The global financial crisis has tested the resilience of the UAE property market, and although the country is yet to completely break out from the clutches of the credit crunch, this phenomenon has underlined the inherent strength of its economic foundation and has brought about significant changes to business models and processes.” “The launch of our new subsidiary is a testament to our strong confidence that the UAE is headed for an outstanding recovery. We are looking forward to unveiling our first projects, which will be marked by breakthrough designs and unparalleled quality.” It has also come to the knowledge that with a refined approach to delivering high return investments with low risk, Shaikhani Developments will leverage the thirty years of industry expertise by the Shaikhani Group.
On the word of company officials, Shaikhani Developments is devoted towards transparency and honoring its promises to customers and shareholders, besides observing environment-friendly practices and implementing social responsibility initiatives.
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