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Old May 11th, 2008, 10:37 AM   #1
THE DUBAI GUYS
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#PROJECT: EYE OF AJMAN

onyan unveils Eye of Ajman mixed-use project

Staff Report
Published: May 10, 2008, 23:37

Dubai: Bonyan International Investment Group, a Dubai-based real estate company has announced the launch of its Eye of Ajman project - a Dh3.5 billion development.

The project is spread over 6.27 million square feet and comprises 109 multi-purpose plots.

Located along Emirates Road in the Al Hamidiyah area, the development is Bonyan's first project in Ajman and will comprise residential, office, hospitality and retail plots.

Bonyan will hold a sales roadshow in the Al Massa Ballroom of the Monarch Hotel today from 10am to 5pm, and at the upcoming Cityscape Abu Dhabi.

Located 20 minutes from Dubai, the project will include residential towers that have lake and gardens views with ample parking spaces allocated to residents and visitors alike.


most of these cities in ajman are located just oppositie from each other...while I do think that ajman is finally on the real estate band wagon..they shuld do wha AD is doing and learn from the mistakes made in DXB...with traffic issues....just saying...but Go them!

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Old May 11th, 2008, 01:20 PM   #2
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Any body have any plans and prices.
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Old May 11th, 2008, 01:30 PM   #3
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Bonyan to invest Dh10bn in Ajman



on Sunday, May 11, 2008

Bonyan International Investment Group plans to increase its investment in Ajman to Dh10 billion in the next three years, the company's top official said.

Chairman Abdullah Atatreh, speaking to Emirates Business a day before the launch of the Eye of Ajman, said the rapid development has made Ajman an ideal property investment for GCC nationals, expats and overseas investors.

"Ajman provides us with great opportunities and we expect the Eye of Ajman to be among the first of our large-scale projects in the emirate," Atatreh said.

"We have high expectations from this project, which we expect to play a major role in our aim to increase our portfolio to Dh10bn in three years."

Atatreh said the entire infrastructure will be completed by 2010, adding that Bonyan will offer total development flexibility with re-sale options for all investors.

The $3.5bn project, to be launched today, is Bonyan's first project in Ajman and will comprise of residential, office, hospitality and retail space. It is financed in-house and is located along Emirates Road in Al Hamidiyah area.

The off-plan project is a freehold development and is spread over 6.27 million square feet, comprising of 109 multi-purpose plots. A law allowing freehold ownership of properties in Ajman, making escrow accounts mandatory for all developers, will be issued by the emirate next month.

"The availability of 100 per cent ownership rights and the development of Ajman airport have fuelled a huge growth in the real estate sector with total investments now more than Dh400bn," Atatreh said.

"The city is only 20 minutes away from Dubai airport,and 10 minutes from the beach area, thereby presenting investors with an accessible site that is close to nature and the bustling cityscape," he added.

Land prices in Ajman are rising by 15 per cent to 20 per cent every year. In less than two months, prices are said to have moved up to Dh76 per sq ft from Dh68 a sq ft.

Despite the increase, prices are far lower than in Abu Dhabi and Dubai.

According to Amir Pardesi, vice-chairman of Mazyood Giga International, what one can buy in Dubai for Dh1,200 per sq ft, one can get it for Dh400 in Ajman.

"When you compare it to Dubai there is still a big difference in terms of price. Ajman is the best place for investment for the middle-class segment," Pardesi said.

Ajman rentals have also increased by 64 per cent in the past 12 months, with the highest increases seen in studios at 89 per cent and one-bedroom units at 76 per cent. The Corniche area commands the highest rents – Dh30,500 for studios and Dh42,500 for one-bedroom units. Rents in Al Naimia, Sheikh Khalifa Road and Al Quds areas have also risen.

The gross domestic product of Ajman is predicted to reach Dh17bn this year, up from Dh10bn in 2007.

The emirate has recorded a 27 per cent GDP jump between 2006 and 2007.
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Old May 11th, 2008, 05:11 PM   #4
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«بنيان» تطوِّر مشروع «عين عجمان» بتكلفة 3.5 مليارات درهم




أعلنت «مجموعة بنيان الدولية للاستثمار» إطلاق مشروع «عين عجمان» في إمارة عجمان بقيمة 5. 3 مليارات درهم إماراتي، والذي يعد أول مشروع لشركة التطوير العقاري في الإمارة. ويمتد المشروع الذي يتميز بموقع استراتيجي على طريق الإمارات في منطقة الحميدية، على مساحة قدرها 27. 6 ملايين قدم مربع وتضم 109 قطع أراض متعددة الاستخدام.


وضمن إطار أهدافها لتوفير المباني السكنية والتجارية والفنادق و المكاتب التي تتميز بعائدات استثمارية مرتفعة إلى المستثمرين المحليين والأجانب، تسعى شركة التطوير العقاري إلى إقامة عروض البيع الخاصة بالمشروع في قاعة الماسة في فندق مونارك، دبي، اليوم من الساعة العاشرة صباحاً وحتى الخامسة مساءً ولاحقاً في معرض «سيتي سكيب أبوظبي» في المنصة رقم 192 والقاعة رقم 2 .


ويقع مشروع «عين عجمان» على مسافة 20 دقيقة من إمارة دبي، حيث يعد مجمعاً نموذجياً يسهل الوصول إليه، ويتألف من أراض ذات مواقع متميزة ومناسبة لتطوير المباني المتعددة الاستخدام والتي تتراوح بين أبنية تتألف من طابق أرضي و5 مواقف سيارات و17 طابقاً )ا+5ذ+71( وأبنية أخرى تتألف من طابق أرضي و9 مواقف سيارات و60 طابقاً (G+9P+60).


ويتميز المشروع باتصاله بشبكة من الطرق تتيح سهولة حركة المرور داخل المدينة، كما وتم تصميمه لتوفير إطلالات متميزة على البحيرة والحدائق وإتاحة مساحات كبيرة لمواقف السيارات. بالإضافة إلى ذلك سيقوم المطور بتوليد الكهرباء للمشروع الذي ستعرض العقارات فيه للتملك الحر بنسبة 100% وبنظام دفع مغر.


وقال المهندس عبد الله عطاطرة، رئيس مجلس إدارة «مجموعة بنيان الدولية للاستثمار»: «يسرنا إطلاق مشروع «عين عجمان»، الذي يدل على مكانة شركتنا الرائدة في السوق العقاري الإماراتي. وبصفتنا شركة عقارية ذات خبرة واسعة، فقد حددنا إمارة عجمان كموقع مناسب لمشروعنا الرائد ، نظراً إلى التقدم السريع في مجال البنية التحتية وتشريع قوانين ملكية الأراضي الذي تشهده الإمارة.


ونثق بأن هذا المشروع سيلعب دوراً هاماً في النمو المستمر للإمارة كمركز أساسي للأعمال يستقطب الاستثمارات الكبيرة من كافة أنحاء المنطقة». وتم تصميم المشروع بشكل متميز يتناسب مع فكرة المشروع واسمه «عين عجمان»، من خلال توزيع الأبنية بطريقة محددة حول الحديقة الرئيسية لتتخذ شكل العين البشرية.


وسوف يشتمل المشروع على مدارس وفنادق بالإضافة إلى مسجد ومحطة كهربائية وعيادة طبية وناد صحي ضمن مجمع سكني متكامل. وستقوم شركة التطوير العقاري بانجاز جميع أعمال البنية التحتية للمشروع عام 2010 حيث ستوفر المساحات والعناصر الأساسية لتطوير المشاريع المختلفة مع الإعلان عن نظام خاص ما بعد البيع لجميع المستثمرين.


وأضاف عطاطرة: «نعمل بثبات على تعزيز مكانة شركتنا ضمن المستثمرين والمطورين العقاريين في مجال اعتمادنا للمناهج المتميزة لتطوير مشاريع المجمعات المتكاملة. ونسعى إلى اعتماد المفاهيم المبتكرة، حيث نحرص على الاهتمام بكافة تفاصيل المشاريع التي نطورها، مما يؤدي إلى تحقيق العائدات الاستثمارية المرتفعة لعملائنا».
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Old May 12th, 2008, 07:47 AM   #5
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Press Release

Bonyan Group launches AED 3.5 billion ‘Eye of Ajman’ project

6.27 million sq. ft. master development to comprise 109 freehold plots for residential and commercial use

May 10, 2008

Bonyan International Investment Group, one of the leading real estate companies of Dubai, has announced the launch of its ‘Eye of Ajman’ project - an AED 3.5 billion community development spread over 6.27 million sq. ft. and comprising of 109 multi-purpose plots. Strategically located along Emirates Road in the Al Hamidiyah area, the development is Bonyan’s first project in Ajman and will comprise residential, office, hospitality and retail plots. In line with its aim to provide outstanding residential and commercial plots that offer high return on investment to local and foreign investors, the developer is also holding a sales road show at the Al Massa Ballroom, Monarch Hotel, Dubai on May 11, 2008, from 10 AM to 5 PM, and at the upcoming Cityscape Abu Dhabi, Stand 2A19, Hall Number 2.

Located 20 minutes from Dubai, the ‘Eye of Ajman’ project is an accessible community development, which is comprised of well-appointed plots to provide an outstanding site for mixed-use developments, with a strategically outlined network of roads to facilitate smooth traffic within the city. The developer has allocated plots to accommodate the construction of projects that vary from (G+5P+17) to (G+9P+60), and adequate planning has been undertaken to ensure that all plots enjoy stunning lake and gardens views with ample parking spaces allocated to residents and visitors alike. In addition, the developer has committed towards ensuring electricity supply upon occupancy in the plots, which are being offered on a 100 per cent freehold basis with attractive payment terms.

“We are truly proud to launch the ‘Eye of Ajman’ project, as this reiterates our strong presence in the UAE’s real estate market,” said Engineer Abdullah Atatreh, Chairman, Bonyan International Investment Group. “We have identified Ajman to be the perfect location for our flagship project that is based on the sale of mixed use plots, due to its rapid advancements in infrastructure and land ownership legislation. We are sure that ‘Eye of Ajman’ will play a significant role in the continuing growth of Ajman as a business hub by attracting huge investments from across the region.”

The project has been designed to give a stunning representation of the ‘Eye of Ajman’ concept, where a number of plots within the main garden will accommodate buildings within a specific distribution plan to take the form of a human eye. The community development will have a total built up area of 38 million sq. ft, which will also house schools, hotels, a mosque, a clinic, health club and an electric sub station amidst a sprawling urban landscape. In addition, Bonyan is set to develop the complete infrastructure within the project by 2010 and is also offering total development flexibility within the project along with resale options for all investors.

“We are steadily building a reputation among investors and developers for our world-class approach to master-planned community developments. Our innovative concepts accompanied by our keen attention to detail in every aspect of our processes have always resulted in a unique but highly profitable investment prospects for our clients. In addition, our value-added services have also gained much appreciation for the outstanding conveniences they provide, thereby cementing our repute as a holistic property developer,” concluded Atatreh.

With a clear objective to become one of the top five developers across the region, Bonyan has developed AED 3 billion worth of residential and commercial developments including Rose Tower and Lulu Tower, Dubai Gate 1 and 2, Sharjah Gate and ABBCO Tower. The developer is currently undertaking regional projects and continuously enhancing its full suite of integrated and research-based services as part of its aims to expand its project portfolio to AED 10 billion in 3 years.
- ends -

About Bonyan International Investment Group, L.L.C.
Bonyan International Investment Group, L.L.C. started its activities in 2002 and is now being considered as one of the leading real estate groups in the Middle East. The Group’s main activity is the development of real estate projects through ownership, partnership, or as development consultants. Offering a full suite of integrated and research-based services, the Group leverages several partnerships and strategic alliances with key regional and international business partners. Its wide array of value-added services include real estate project development, project management and value engineering, sales and marketing, as well as investment and feasibility studies, which are being offered to individual, corporate and institutional clients and partners. With offices in Dubai, Abu Dhabi, Muscat, Qatar and Amman, the company is playing an integral part in the development of the real-estate market in the region.
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Old May 17th, 2008, 10:40 AM   #6
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Any Idea about their price range.
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Old May 17th, 2008, 05:14 PM   #7
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plots or ???
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Old May 18th, 2008, 02:59 PM   #8
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I think they only launched plots at the moment. If they launched any thing else please update.
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Old May 19th, 2008, 02:15 PM   #9
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yea it's only plots ...don't worry inshallah everythings will be so fresh to thread ...
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Old June 26th, 2008, 08:43 PM   #10
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NEW PROJECT " Goldcrest Smartcity "



Overview
Goldcrest Smartcity - Intelligent living is here...

Located near the Ajman beach within the master community of Ain Ajman (Eye of Ajman), Goldcrest Smartcity is a meticulously designed oasis of 8 freehold residential towers. Ain Ajman is a 6.27 million sq. ft development that ensures a dream lifestyle, with elegant buildings and every modern facility conceivable. Fitted with advanced amenities for intelligent living and leisure from LG HomNet, homes at Goldcrest Smartcity are cozy, secure and convenient.

Goldcrest Smartcity at a glance...

Freehold homes guaranteeing 100% property
ownership
Located within Ain Ajman, (Eye of Ajman)
25 minutes from Dubai International Airport
Offers advanced LG HomNet Solutions
Eight 25-storey towers; 4 levels of parking in each
tower
Affordable studios, 1 and 2 bedroom apartments
Easy-to-pay monthly instalment schemes
Has own power generator
Designed by Adnan Saffarini Engineering Consultants
Goldcrest Smartcity brings futuristic living within your reach. The planners of this exquisite residential commune have laid utmost emphasis on the security and safety of the residents, as a result of which you can monitor your child from your mobile, re-confirm your squash court bookings from home; remote order grocery; access over 1000 movies and songs from a central server etc. The use of technology in the homes is not overly done or obtrusive; indeed all the apartments at the Smartcity project are extremely user-friendly and feature flexible interiors that can be modified according to the residents' tastes and requirements.


Location
Goldcrest Smartcity is a 8-tower residential project in the self-contained community of Ain Ajman (Eye of Ajman) on Emirates Road. The project is situated next to the Ajman Interchange just 10 minutes from Ajman beach and 25 minutes from Dubai International Airport. Covering 6.27 million sq. ft Eye of Ajman offers a simple and secure lifestyle with landscaped surroundings, parks, school, nursery and mosque.

Goldcrest Smartcity is:

10 minutes from Ajman Beach
15 minutes from Sharjah International Airport
25 minutes from Dubai International Airport


Facilities
Health and fitness centers with swimming pool (separate for men and women)
Club-house with Squash and Badminton courts, Table tennis, Billiards, Kids' nursery and multi-function hall for parties and events
Landscaped and boulevard walkways
24-hour security
High-speed wireless internet
Homes at Goldcrest Smartcity have LG HomNet features:

LG LCD TV - choose from over 1000 movies
LG Refrigerator; Washing machine; Microwave
I-pod docking station; Download unlimited music online
LG LCD HomNet Control Panel
Wired calling and video calls between neighbors
Information sharing at home
Control panel access
Remote metering, display and remote upgrade
Automatic fault finding
Connection of appliances to neighboring capacity, laundry,
spa, courier, etc
Control of home appliances and home automation devices
from within and outside the home
Monitoring your child from your mobile
Safety system that controls access, prevents intrusions
and accidents like gas leakage or fire
Notification of visitors during absence
Home entertainment solution

Inbuilt entertainment with access to a large movie database on
a central server

I-pod docking station in each apartment
Community portal solution
Online community service
Daily life information
Local information service
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Old July 12th, 2008, 10:21 AM   #11
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Cancelled per my colleagues request just to be nice for his other ssc contribution

Last edited by Quartettzero; July 12th, 2008 at 01:05 PM.
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Old July 16th, 2008, 10:27 PM   #12
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Would Goldcrest Smart Towers be a good long term investment? Who is the developer?
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Old August 17th, 2008, 11:01 AM   #13
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#APPROVED: Burjul Ain Tower, ?F (Eye Of Ajman )

[IMG]http://i34.************/1zbcvgz.jpg[/IMG]
[IMG]http://i36.************/314f58y.jpg[/IMG]
[IMG]http://i38.************/hvnfyx.jpg[/IMG]
[IMG]http://i33.************/aywtxh.jpg[/IMG]


Burjul Ain Tower - Eye of Ajman

Ajman - A residential Paradise

Ajman is a city with complete vision, a city that demands and delivers quality. From the moment you enter Ajman, you'll start to experience a truly unique feeling. Whether for business or pleasure, Ajman is rich with every contemporary comfort, and offers a lifestyle to match any of the world's most prestigious cities. Combining this traditional merchant's city, its seafaring heritage and the elegance of its architectural towers, with pristine sandy beaches and turquoise seas. Ajman is host to some of the mist ambitious and famous projects in the world.
Burjul Ain Tower
All apartments have been designed with space, light and style in mind. With such fantastic views of the marina and the ocean, the defining features of the Burjul Ain is the large windows and plentiful balconies
Inside the apartments, contemporary styling opulently use of marble, granite, wood and stainless steel asre used to enhance the gracious room sizes.
Features
·Health Club
·Car parking
·Retail Outlets
·Mosque
·Resident Visa
·High speed Elevators
·High Quality fittings
·Swimming Pool
·24hr Security Service
·Sauna
·Jacuzzi
Payment Plan
Booking5%
After 30 Days 5%
40 Monthly Payments 2%
Possession10%

Pre Launch Prices (excluding Car Parking)

Studios (432 Sq ft) from AED 565 sq ft. AED 244,080 / £ 33,900
1 bedroom (From 690 Sq Ft) from AED 555 sq ft. AED 382,950 / £ 53,187
2 bedroom (1,068 Sq Ft) from AED 545 sq ft. AED 582,060 / £ 80,841

Car Parking: AED 35,000
Floor Charges (from the 9th Floor): AED 1,000 per floor


Source
http://www.findaproperty.com/display...&agentid=16393
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Old August 17th, 2008, 12:14 PM   #14
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very strange name, but good looking tower
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Old September 4th, 2008, 05:57 PM   #15
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The developers are Global financial solutions. I have brought a studio apartment on the 14th floor of Burj ul ain Tower. Has anyone else brought from them? They are also planning to release a twin tower which is the plot next to this project.
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Old September 4th, 2008, 06:47 PM   #16
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With the £ now only getting 6.5 aed. Everything has gone up 10% in three weeks. This must be impacting on sales in lesser Emirates than Dubai or could Ajman now be more attractive because of cheaper prices.
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Old September 24th, 2008, 08:59 AM   #17
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Gowealthy! Go Ajman!

--------------------------------------------------------------------------------

Hi everyone,

I'd like to introduce myself. I'm a Sr. Property Consultant with Gowealthy.com.
We have just opened a new office in Ajman with focus on expanding the property market here. We have done a significant amount of research and as a company feel that Ajman is a fabulous investment for now and the future. If anyone has any questions pertaining to the market or properties please feel free to message me. We will be launching multiple projects within Ajman in prime locations and will be able to help you with you choices.

We have access to full buildings, Plots and multiple projects.

Our first launch will be the following:

PreLaunch Offer!
Right before Cityscape!

Enter Raffle to WIN a FREE studio when you purchase a unit!!!

PreLaunch will be a 3 day event starting on Thursday Sept. 25 10:30 am- 4PM and through Saturday Sept. 27, 2008 4:30pm-11PM.
Venue Emirates Hotel Towers
Time: 10am to 11pm

Exclusive!

Smart Towers Bldg 5

Details:

Location: Ain of Ajman
G+6+25
450 units
Views: Lake, Road and Building
Studios- 628 sqft and 632 sqft
1 beds- 794-913 sqft
2 beds- 1334-1153 sqft
LG Technology
Construction to start early 2009
Completion early 2012
Starting at 585/ sqft. for units
Starting at 565/ sqft for full floors.

Add 2 dhs per floor

Giga Project Exclusively with Gowealthy!
Please be sure to ask for me when visiting or you can contact me at
050-105-2325.

Best regards
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Old September 24th, 2008, 09:56 AM   #18
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Quote:
Originally Posted by ua-gowealthy View Post
--------------------------------------------------------------------------------

Hi everyone,

I'd like to introduce myself. I'm a Sr. Property Consultant with Gowealthy.com.
We have just opened a new office in Ajman with focus on expanding the property market here. We have done a significant amount of research and as a company feel that Ajman is a fabulous investment for now and the future. If anyone has any questions pertaining to the market or properties please feel free to message me. We will be launching multiple projects within Ajman in prime locations and will be able to help you with you choices.

We have access to full buildings, Plots and multiple projects.

Our first launch will be the following:

PreLaunch Offer!
Right before Cityscape!

Enter Raffle to WIN a FREE studio when you purchase a unit!!!

PreLaunch will be a 3 day event starting on Thursday Sept. 25 10:30 am- 4PM and through Saturday Sept. 27, 2008 4:30pm-11PM.
Venue Emirates Hotel Towers
Time: 10am to 11pm

Exclusive!

Smart Towers Bldg 5

Details:

Location: Ain of Ajman
G+6+25
450 units
Views: Lake, Road and Building
Studios- 628 sqft and 632 sqft
1 beds- 794-913 sqft
2 beds- 1334-1153 sqft
LG Technology
Construction to start early 2009
Completion early 2012
Starting at 585/ sqft. for units
Starting at 565/ sqft for full floors.

Add 2 dhs per floor

Giga Project Exclusively with Gowealthy!
Please be sure to ask for me when visiting or you can contact me at
050-105-2325.

Best regards
An OK tower only

Prices are on the way up, launches were from around 480 aed 4 months ago in this type of development, after Cityscape I wonder where prices will end

Carparking is probably extra as well as it is nott mentioned
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Old September 24th, 2008, 10:08 AM   #19
ua-gowealthy
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Hi ThePoint, just to address your post.
Yes you are correct, parking is 35k. We are not charging extra for views.
The payment plan is : 5% booking, 5% after 30 days and 5% every quarter thereafter. 20% on completion. The payment plan on parking is 5K on booking and with the payments. Completion 2012. We are backing this project due to that fact that it is a strong developer who has already demonstrated activity and delivery in the past. This tower is also completely equipped with LG Smart Technology thoughout the building and units. Hope this helps clarify a bit. Thanks
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Old September 24th, 2008, 10:23 AM   #20
Raza01
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I suppose this forum was not for Advertising and selling properties.
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