Bahrain-based Sakana Holistic Housing Solutions, the Islamic mortgage finance provider announced that phase one of “Sakana Busaiteen” residential housing project progress is on track and scheduled for handover next month. “Sakana Busaiteen” project comprises of 10 three-storey buildings designed to the highest standards of comfort for the contemporary family in Busaiteen.
“Despite current market conditions, we have ensured “Sakana Busaiteen” phase one comprising of 5 three-storey buildings is complete for occupation as per schedule in July 2011. The project appeals to the long-held cultural preferences for housing which allows extended families to live “together”, while maintaining a degree of privacy. We are pleased to provide customers the option of either purchasing an entire building or individual apartments,” Sakana’s Chief Executive Officer R Lakshmanan said.
At ‘Sakana Busaiteen’ each building is comprised of individual self-contained 3 bed room apartments, with shared common facilities. All the buildings are individually created to incorporate touches of traditional architecture in their luxurious contemporary design. The compound will offer a selection of facilities for each three-storey house, dedicated car park, lift, swimming pool and garden area. The location offers an easy commute to Manama, as well as Muharraq’s commercial centre. The Project Contractor is R P Construction and Project Consultant is Akbari Architects.
Property development complements Sakana’s existing portfolio of Islamic property financing and property consultancy and will add further value to its business offer of holistic housing solutions.