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Jun 13 2012

Indian developer forays into real estate development in Dubai

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Indian developer forays into real estate development in Dubai
Pacific Ventures LLC announced today the launch of their new initiatives the "Pacific Residencia" and "Pacific Edmonton Elm" located at the Jumeirah village triangle.

The announcement is looked upon as yet another positive angle in the real estate sector, where newer developments have either stalled or were slowed down due to the ongoing economic crisis.

"We are extremely optimistic about the real estate market in Dubai as it is an economy which cannot be allowed to fall down completely. Everywhere in the world, the business environment is undergoing upheavals and changes, but we are confident that Dubai will always be a key investment hub for serious property investors who will appreciate the value of Pacific ventures newly introduced affordable properties," said Parvez Khan, Founder, Pacific ventures LLC.

According to Khan, whose company boasts an impressive 100% completion track record in India, Pacific ventures is a securely funded organization and has the necessary resources to complete projects it has undertaken in the Middle East market today.

"By 2014, we would have completed our first set of developments here in Dubai, and it will be first of many projects we envision for this market and the rest of the MENA region as newer projects on tourism, education and healthcare are announced and completed which will open up anew a demand for residential and commercial development. It makes more business sense to position ourselves now than later when the market is bound to pick up again," added Parvez khan.

Pacific Ventures LLC has a track record of completing similar projects in India, and as a result has earned a sterling reputation in developing luxury properties known for high quality and eco-friendly features. The company has also responded to the unprecedented economic challenges by leveraging extremely cost effective and buyer friendly features and are also providing easy payment plans for their upcoming properties in Jumeirah village triangle. Further stating on the same, Khan also adds that "Pacific ventures has demonstrated the success of its growth to the well etched expansion plans in both India and now the Middle east, one step at a time. We will continue to adhere to this strategy and uphold our commitments and build a satisfactory client list as that is mandatory for us at pacific ventures".

About Pacific Ventures LLC:
Pacific Ventures LLC is an internationally acclaimed developer of commercial, residential, and mixed-use properties in the Middle East. In collaboration with renowned design professionals ,Pacific Ventures LLC, creates properties distinguished by modern, chic and affordable designs, efficient floor plans and top line amenities added to its infrastructure. The company is the initiative of an entrepreneur developer of Indian origin who believes in building affordable homes for the upper middle class segment and complete development of both the ongoing projects in 18-24 months from now.


For further information on the press activities, please contact:
Shenoy
ekadaa PR
Dubai, U.A.E.
T : ++ 971 4 391 2100
F : ++ 971 4 390 4740
Email : shenoy@ekadaa.com

© Press Release 2012

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