Foundation and construction work begins for ‘Office 1991’

MUSCAT: Al Khonji Real Estate & Development (Aqar) - the leading company in real estate development projects and smart offices started its construction and foundation works for the ‘Office 1991’.

Office 1991 is a smart office, a fully integrated office project with architectural specifications and intelligent technological characteristics that meet the needs and requirements of various companies and exceed the expectations of businessmen looking for the ideal working environment.

Through smart offices, they can control their office remotely by mobile phone and many other features that facilitate business and create an appropriate and productive atmosphere for staff and employees. Buyers of office unit will be able to follow up daily construction work through their mobile phones until the project ends.

Mohamed bin Abdulla Al Khonji, chairman and chief executive officer of Al Khonji Real Estate & Development (Aqar), said: “The construction works of Office 1991 are underway. Four floors underground parking have been excavated and foundations steel have been laid, units shall be delivered within three years.”

Al Khonji said that there are additional facilities and advantages to facilitate the acquisition of units for businessmen and investors with payment plans starting with 1% per month to acquire the smart office and achieve a return of 13% per year with easy instalments and without interest for three years for integrated offices where the business owner only needs to buy the furniture of the company, and also foreign investors have the advantage to own property through companies registered in the Sultanate.

Al Khonji invited investors, nationals, foreigners and business owners to invest in their smart offices through the ‘Office 1991’ units because of the modern capabilities that fit the business environment, smart offices have become a key international feature to accelerate the business process.

Commenting on the project, Al Khonji said, “The Sultanate is witnessing a renaissance of architectural civilisation, which is developing at all levels. In addition, modern developments in the introduction of technology are taking place in all aspects of life. This development supports technology trends and creates an environment that attracts local and international entrepreneurs in the Sultanate and establishes their companies.”

In this context, the smart office project comes within Aqar ambitious plan that includes projects that meet the needs of the market with the stamp of excellence and perfection. The launch of the project came after a deep and thorough study of the market and reading the aspiration and need of different companies to reflect their aspirations on the ground, in an integrated project from all sides. It will be a milestone in the market on the completion of the architectural masterpiece in the sense of the word, a centre of business and it will take an important place in the national economy.

Office 1991 is a 36-metre office building height project with 166 office units, consisting of 13 floors, four floors of which are underground, and are reserved for parking, Office units are distributed on floors 8-1. While the ground floor has been designed to be a commercial centre under the brand name of Q-Point, designed to be an ideal place for businesses and business owners because it has the ideal features for the working environment beyond its expectations.

It is strategically located in the heart of Muscat in the Al Khuwair area on besides The Office and in front of the Muscat Grand Mall close to various ministries, shopping centres and government organisations. In addition to that, the prices of the units are the same prices of 2011.

There are different office sizes to meet the needs of companies of all kinds, along with the return, which amounts to about 3% if buyers want to rent their office and its advantage provides 4 underground floors for parking.