INDIA, 20thApril 2016 – Sobha Group, the leading premium real estate developer, has announced the launch of Sobha Hartland Greens, a luxurious and exclusiveeight storey apartment building located in Sobha Hartland,Dubai.It is part of an eightmillion sq.ft development with unrivalled cityside,waterside livingand 30% green space right in the epicentre of Dubai.
Sobha Group launch new luxury residential building – Living room
Indian real estate buyers are one of the primary segments the new project is targeting, as they are the largest investors in property among non-GCC buyers in the region.
Mr. PNC Menon,Founder and Chairman, Sobha Group, said: “With the Reserve Bank of India relaxing previous rules and regulations, Dubai is steadily becoming one of the key markets to invest in for Indians. This is reiterated by the fact that Indians topped the list of expatriate real estate buyers in Dubai with investments of Dh20 billion alone in 2015, as per Dubai Land Department.The total investment by Indians went up by over 10 per cent from Dh18.123 billion reported in 2014. Whether it is in highest number of transactions or the gross total value, Indians have retained the title of top property investors in Dubai in the non-Arab category since 2012.”.
Sobha Hartland Greens comprises eight floors of residential apartments varying from studios, to one, two and three bedrooms. The luxury apartments start with an attractive price from INR 1.48 croreswith exceptional payment plans on offer. With Reserve Bank of India allowing all residents to remit up to USD 250,0000 per person, per year overseas, most families in India can afford the payment plans and the Dubai lifestyle. The handover of units will start from December 2017.
“The launch of Sobha Hartland Greens comes in line with the huge demand we are witnessing for luxury living in Dubai. The apartments have been designed to enhance the lifestyle of residents with an abundance of living space and expansive layouts. The building is strategically located at the heart of the community and will have all the amenities a resident needs,” Mr. Menon said.
At Sobha Hartland, residents will have access to two international schools, one currently in operation, nurseries, malls, cafes, tennis courts, yoga centre, swimming pool, clubhouses and spas, mosques, and healthcare facilities. This makesSobha Hartland an ideal long-term investment for Indians in Dubai.
Residents will also be three kms to various attractions across Dubai such as :to the tallest tower in the world, the largest mall in Dubai, Meydan Racecourse; home to the world’s richest horse race, District One 8.4KM cycling and jogging track, Dubai International Financial Centre, Water fountain’s, world’s longest indoor ski slope, Dubai Country Club, Dubai Equestrian Centre, Dubai One Tower; World’s tallest residential tower and Ras Al Khor Wildlife sanctuary. They will also have easy access to the Dubai Canal and Metro, both of which will envelope Hartland’s low density environment.
