Sharjah, UAE: Tilal Properties, the developer behind Tilal City - the first-of-its-kind mixed use community in Sharjah- hastoday revealedthe unique advantages available to investors when connecting to Sharjah Electricity and Water Authority (SEWA).
In line with the strategic masterplan approach that underpins the AED 2.4bn development, land owners will have the advantage of having their SEWA infrastructure within the development, allowing for faster turnaround of connections.
As part of the masterplanning process, Tilal Properties used a highest possible population estimate and worked closely with SEWA from the outset to ensure that all required infrastructure is provided throughoutthe development.
"Tilal City masterplan was developed in careful consideration of land developers' needs," said Haysam Jazairi, Business Development Executive Director at Tilal Properties. "We know that handling utility connections can often be a time-consuming, complicated and expensive process. It is for this reason that Tilal Properties worked closely with SEWA from the outset to ensure the best service possible to investors."
Tilal City comprises 1,855 land plots, offering the opportunity to GCC nationals as well as UAE residents to buy or lease land and develop properties in Sharjah for the first time ever.
Land plots at the development are split into five zones (A-E), across an area of 25 million square feet. Once built, Tilal City will provide high-quality, affordable housing for 55,000 - 65,000 residents in apartments, villas and townhouses.
Cluttons, the global real estate agent, is the exclusive marketing and sales agent of Tilal City. For further information, prospective buyers can visit www.tilaluae.com, or can call 800-TILAL. Dedicated sales offices are open in Robot Park Tower, Sharjah and onsite.
-Ends-
Contact:
Marija Plavska
Four Communications
marija.plavska@fourcommunications.com
+971 55 985 3378
About TILAL Properties
Tilal Properties is a joint venture between Sharjah Asset Management and Eskan Real Estate Development LLC, to focus on the establishment, development and management of real estate projects in Sharjah. The vision of Tilal Properties is founded in the developmental boom achieved by Sharjah under the directives of His Highness Shaikh Dr Sultan Bin Muhammad Al Qasimi, UAE Supreme Council Member and Ruler of Sharjah. Tilal Properties plans to develop a series of high quality real estate projects in Sharjah.
About Tilal City
Tilal City is a new AED2.4 billion mixed use development located on Emirates Road (E611) in Sharjah. The project is the first of its kind in the emirate and offers a unique opportunity to purchase land and build property within Sharjah's first masterplanned community. Tilal City comprises 1,855 land plots, combined with parks, education and community facilities. 100-year leaseholds are available, for the first time, to UAE resident expats. GCCnationals and other Arab residents of the UAE can purchase land at Tilal City on freehold basis.
© Press Release 2015
