Chapal Flora villa sales hit Dh400m at launch |
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Monday, Aug 25, 2008
Dubai: Chapal Flora Residences. a cluster of villas being built in Ajman, has fetched Dh400 million in revenue as soon as sales were launched, a top official at Chapal Real Estate said.
Spread across four million square feet, Chapal Flora Residences comprises 1,762 villas with easy access to three international airports and is close to Dubai, Sharjah and Ras Al Khaimah.
The project was designed by Adnan Saffarini Architects, one of the most established and acclaimed architectural companies in the northern emirates.
Located on Emirates Road, the project offers two-. three-, four- and five-bedroom duplex villas and town houses.
Each villa is themed on a particular flower and has a unique floor plan that features a living and dining area on the ground floor with two floor levels.
Each villa will offer soft colour schemes, trendy sitting areas, wireless internet access, large open rooms for kitchen, living and dining areas with well-planned flooring and high finishes serving everyday needs to its residents.
The cluster will also feature a shopping arcade, family entertainment, health and leisure facilities, mosques and a school.
Ahmad Chapal, executive director of Chapal Real Estate, said: "The attraction to town planning specified for Chapal Flora Residences, which is 45 per cent open planned, comes from over 40 years of experience in developing residential communities for up market clientele.
Planning
"Community and infrastructure planning are the main key for demand of investment. The response to our offer although was tremendous and overwhelming. We are very pleased that the investors and home buyers have extended their trust on quality of the residential home."
Owned by Mohammad Ameen Chapal, the company has more than 40 years of real estate development heritage to its credit.
The company entered the UAE market two years ago to tap the vast opportunities in the lreal estate market. It is developing towers in Dubai and Ajman, with portfolio valued at more than Dh20 billion.
By Staff Reporter
© Gulf News 2008. All rights reserved.
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