ALARGAN launches sales of new town­houses 46 town­houses to cover 6,324sq m of land in Te­lal Al-Qurm, Mus­cat

Kuwait Times - - BUSINESS -

ALARGAN In­ter­na­tional Real Es­tate Com­pany re­vealed in Mus­cat the model townhouse of 46 new town­houses that the com­pany has started con­struct­ing in its Te­lal Al-Qurm com­mu­nity project, cur­rently un­der de­vel­op­ment in the Sul­tanate of Oman. The town­houses are the fourth com­po­nent of the over­all Te­lal AlQurm com­mu­nity, a res­i­den­tial and com­mer­cial district con­sist­ing of 164,900 square me­ters of land lo­cated on the edge of the highly-in­de­mand Qurm area of Mus­cat.

The over­all Te­lal Al-Qurm project is di­vided into six phases and is be­ing de­vel­oped into a mod­ern mixed-use ur­ban com­mu­nity pro­vid­ing pri­vacy and se­cu­rity in a cen­tral area with di­rect ac­cess to ameni­ties and nearby land­marks of Mus­cat. The project is char­ac­ter­ized by its key lo­ca­tion, de­vel­op­ment qual­ity, ad­vanced in­fra­struc­ture, land­scap­ing, and mod­ern fa­cil­i­ties and sur­round­ing pic­turesque hills.

The launch of the model townhouse, made by ALARGAN's fully-owned sub­sidiary Te­lal AlQurm Real Es­tate, opens sales to the com­po­nent with ex­pec­ta­tions al­ready high for units to move quickly due to the lo­ca­tion, build qual­ity and over­all com­mu­nity de­sign.

Khaled Al-Me­shaan, CEO and Vice Chair­man of the Board of Di­rec­tors of ALARGAN In­ter­na­tional Real Es­tate Com­pany, said: "This is a new mile­stone in the de­vel­op­ment of one of our key projects in the Sul­tanate of Oman, and fol­lows a con­tin­ued suc­cess of the project re­flected in the high de­mand for its res­i­den­tial and com­mer­cial units. The Te­lal Al-Qurm com­mu­nity is a unique de­vel­op­ment mod­eled on so­phis­ti­ca­tion and moder­nity with an el­e­ment of the Omani cul­ture to bring out the beauty of re­sid­ing in Mus­cat. The com­mu­nity's de­sign dis­tin­guishes these town­houses in par­tic­u­lar in their qual­ity and lay­out, cre­at­ing unique homes in the real es­tate world of Oman."

The town­houses will cover a net land area of 6,324 square me­ters, con­sist­ing of two rows of 23 town­houses each, in ad­di­tion to a Com­mu­nity Club­house fac­ing a 2,500 squareme­ter park and recre­ational ameni­ties in­clud­ing a gym­na­sium and swim­ming pool.

The town­houses will be avail­able in three lay­outs of three to four-bed­room houses, with pri­vate park­ing, gar­dens and yards in ev­ery lay­out. The town­houses were de­signed to have full height win­dows that face north and a mod­ern de­sign with spa­cious and de­fined spa­ces.

With a view to­wards help­ing Oman reach a more sus­tain­able fu­ture, Te­lal Al-Qurm com­mu­nity of­fers clients the op­por­tu­nity to have their home con­structed to LEED-cer­ti­fi­ca­tion, the top US stan­dard in en­vi­ron­men­tally friendly con­struc­tion, help­ing fam­i­lies pre­serve both the en­vi­ron­ment and re­duce en­ergy costs.

ALARGAN In­ter­na­tional Real Es­tate Com­pany is a lead­ing real es­tate com­pany based in Kuwait and fo­cused on the de­vel­op­ment of af­ford­able and mid­dle in­come hous­ing in the GCC. The com­pany strives to in­te­grate its motto, 'Life... As You Love It',across its projects by cre­at­ing "live, work, play and sa­vor" en­vi­ron­ments that present a unique lifestyle ex­pe­ri­ence. The com­pany also en­deav­ors to pass on its sus­tain­abil­ity val­ues to the com­mu­nity by in­clud­ing green and en­ergy ef­fi­cient ini­tia­tives in its projects. The only com­pany in Kuwait to ob­tain Plat­inum rank­ing for the Lead­er­ship in En­ergy & En­vi­ron­men­tal De­sign (LEED) pro­gram, which is awarded by the US Green Build­ing Coun­cil (USGBC). ALARGAN fol­lows a bal­anced in­vest­ment strat­egy, and tries to seize op­por­tu­ni­ties with sta­ble and su­pe­rior re­turns based on the mar­ket's in­vest­ment cy­cle. Its projects are di­verse and lo­cated across the Gulf re­gion, in­clud­ing the State of Kuwait, the King­dom of Saudi Ara­bia, the King­dom of Bahrain and the Sul­tanate of Oman, de­liv­er­ing pop­u­lar ho­tels re­sorts, widely vis­ited shop­ping and food des­ti­na­tions, large de­vel­op­ment com­mu­ni­ties, and mid­dle in­come level res­i­den­tial hous­ing.

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