Issue No 300 - 24 Feb 2009
Sakana launches new venture

Sakana Holistic Housing Solutions has announced the launch of Danat Al Busaiteen, a modern apartment complex in Bahrain.

The three-storey property located in Busaiteen, Muharraq will provide 16 three-bedroom furnished apartments ranging in size from 120 sq m to 157 sq m. The apartments will be offered to only to Bahraini and GCC nationals at highly competitive and affordable rates, a statement said.

The project is expected to be completed by September 2009 and is being developed by a private developer. A fully furnished show apartment is ready for viewing.

Sakana’s trained customer advisors will be on hand to explain the full details of “Danat Al Busaiteen” as well as Islamic mortgage finance options.

“Danat Al Busaiteen is our latest venture under our property consultancy arm,” said R Lakshmanan, CEO of Sakana. “Located in Busaiteen we are confident of meeting the continuous and growing demands for affordable apartments primarily from Bahrainis. We believe this development will be of attraction to people who would like to live to closer to their families in Muharraq. Currently we are offering 80 per cent mortgage housing finance for this development which has already generated a high level of interest.”

“Danat Al Busaiteen” – which means Pearl of Al Busaiteen – is equipped with elevator, central air conditioning and a dedicated car park. All units have three bedrooms in addition to a living and dining area.

This venture is the third under Sakana’s property consultancy wing.

Source: Trade Arabia News

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