Tilal Properties has finished that initial roadworks at its AED2.4 billion Tilal City development in Sharjah.
The design comprises 1,855 land plots, proffering the opening to GCC nationals and UAE residents to acquire or lease land and expand properties.
The fulfillment of the initial phase of works now comes first for sewage and water pipelines in addition to cable positioning for electricity. As soon as these activities have been accomplished, work will start marking the plots.
Business development executive director at Tilal Properties, Haysam Jazairi, discussed that the company was excited to witness its first land development in Sharjah increasingly taking structure. He also averred that Tilal City is one of the most stimulating expansions not just in Sharjah, nevertheless in the broader UAE. The finishing point of the initial roadworks marks substantial growth for the project, as they plan to hand over the first land plots to developers next year.
Divided into five zones (A-E), the masterplanned Tilal City development will cover an area of 25mn sq ft2 and offer reasonable priced housing for 55,000 – 65,000 residents in apartments, townhouses and villas. Tilal City is actually exceptional expansion in that as a developer, they are giving all the utilities and major infrastructure, which is a first for this sort of advancement in the emirate.
Tilal City is the largest development project they have commenced in the region and they are extremely delighted with the development made on site to this point. With the initial roadworks at the moment accomplished, they are on course to enable Tilal Properties to hand over the first land plots in 2016 as per project timetable.
Situated on Emirates Road, Tilal City lets investors to construct for sale, leasing and personal use. Non-Arab expats can acquire land plots on a 100-year leasehold basis within the scheme, with freehold land plots available for GCC nationals and UAE’s Arab residents.
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