Sharjah-headquartered developer Alef Group has revealed 68% construction completion on Phase 1 of its multi-use project Al Mamsha, which has been touted as Sharjah’s first fully walkable community.
The project comprises seven buildings, 693 housing units, and 88 A-commercial stores, which cover an area spanning 58,436m2.
The houses include studios, one-, two-, and three-bedroom apartments, with price of residential units starting at $91,200 (AED335,000).
Given how the current economic fallout of the COVID-19 crisis has affected vital sectors, the Alef Group is providing a variety of services such as virtual assistants, as well as offers and discounts such as less than 1% monthly installments.
Commenting on the project, the managing director of Alef Group, Issa Ataya, said: “The project will be delivered at the end of this year, as per the plan. To ensure everything aligns with our plans, our team follows the necessary precautionary measures and procedures according to the protocols set by the Ministry of Health and Community Protection.”
Ataya added: “The group of facilities and exemptions included in the stimulus package recently launched for investors by the Sharjah Government under the wise guidance of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, would assist in economic development by simplifying business procedures and help project owners work on the construction and delivery of their developments in time.”
According to the state-run news agency, Wam, the Sharjah Government has taken up several initiatives to renew the confidence of project owners to invest in the emirate.
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