Latest news with #RealEstateDevelopment
Hans India
a day ago
- Business
- Hans India
Credai property show takes off
Hyderabad: The 2025 edition of the Credai Hyderabad Property Show, the city's largest real estate exhibition, was inaugurated on Friday at HITEX Exhibition Centre by Telangana Chief Minister Anumala Revanth Reddy. Organised by the Confederation of Real Estate Developers' Associations of India (Credai), the three-day event, themed 'Choice is Yours', brought together over 70 leading developers showcasing more than 300 RERA-approved residential and commercial projects under one roof. The inaugural ceremony was attended by Credai Hyderabad President N Jaideep Reddy, President-Elect B Jagannath Rao, General Secretary K Kranti Kiran Reddy, Convener Kurra Srinath, Co-Convener Aravind Rao Mechineni, Credai National President-Elect G Ram Reddy, Credai Telangana President Indrasena Reddy, and other senior office bearers. This year's show features a wide range of properties — from apartments, villas, and plots to commercial spaces — along with participation from leading banks, financial institutions, and allied industries offering spot deals and innovative financing options. Speaking at the inauguration, N Jaideep Reddy described Hyderabad as a 'Global City on the cusp of rapid growth,' and lauded the Telangana government's infrastructure development, governance reforms, and investment-friendly policies. He suggested further initiatives such as beautifying key entry points, creating Real Estate Development Zones near transport hubs, and developing a comprehensive sports policy with world-class infrastructure. B Jagannath Rao highlighted Hyderabad's consistent lead in national real estate performance, citing Rs1 lakh crore in housing sales in 2024 and continued dominance in 2025. He noted the city's rapid growth in Grade A commercial space and its strong appeal to global investors across IT, pharma, EV, defense, and manufacturing sectors. Addressing sustainability concerns, K Kranti Kiran Reddy stressed the urgent need for water conservation, supporting government initiatives like HYDRAA for water resource preservation and EAGLE for eradicating drug abuse. He reaffirmed Credai's commitment to eco-friendly building practices, rainwater harvesting, and green development. The property show also features cultural programs, live concerts, expert sessions, and food stalls, offering a family-friendly experience alongside home-buying opportunities. Visitors can attend from August 15–17 at HITEX.
Zawya
5 days ago
- Business
- Zawya
Egypt: Heibco records 212.7% YoY hike in H1 2025 net profits
Arab Finance: Heibco for Commercial Investments and Real Estate Development logged net profits valued at EGP 19.337 million in the first half (H1) of 2025, the financial results showed. The recorded net profits were higher by 212.76% year-on-year (YoY) than EGP 6.182 million Earnings per share (EPS) reached EGP 0.48 in H1 2025, up from EGP 0.15 in H1 2024. The operating revenues hiked to EGP 341.517 million at the end of June 2025 from EGP 143.525 million a year earlier. © 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (
Zawya
14-07-2025
- Business
- Zawya
Lincoln Rise launches landmark wellness-centric residential project in Dubai South
Dubai, UAE – Lincoln Rise Real Estate Development LLC today announced the official launch of its premium residential project in the UAE, unveiling Lincoln Star Residence II—a thoughtfully crafted wellness-focused community that blends architectural elegance with sustainable urban living in Dubai South. This announcement follows the resounding success of the developer's inaugural project, Lincoln Star Residence in Dubai South, which is on track for handover and has already gained recognition for its timely construction and investor confidence. Elevating Urban Living with Design and Wellness Innovation The new project aims to redefine affordable luxury with a unique focus on wellness, design intelligence, and lifestyle accessibility. The development offers a diverse portfolio of homes including studios, 1BHK, 2BHK, and spacious 3BHK duplexes—ranging from 400 sq. ft to nearly 2,100 sq. ft—crafted to cater to families, and global investors alike. Set against the backdrop of Dubai's iconic skyline, Lincoln Star Residence II features: - Elegant amenities: jacuzzi, swimming pool, halotherapy room, yoga, jogging, BBQ area, and kitchen garden. - Community-friendly design: parks, buggy-friendly pathways, children's play zones, and a dedicated school within the premises. - Modern security and convenience: 24x7 surveillance, easy access to public transit, and integrated food and retail outlets. Building on Strong Market Momentum 'The market response to Lincoln Star Residence exceeded our highest expectations. With this second project, we're scaling that momentum into a truly holistic lifestyle community,' said Mr. Ovais Latif, CEO & Founding Partner, Lincoln Rise Real Estate Development LLC. 'From halotherapy to rooftop serenity, this project reflects our commitment to value-driven innovation and sustainability. It's more than a residence—it's a sanctuary,' added Mr. Ankit Kumar Alagh, COO & Founding Partner Lincoln Rise Real Estate Development LLC. A Strategic Address in Dubai's Next Growth Corridor Lincoln Star Residence II is positioned in one of Dubai's emerging lifestyle corridors, offering easy access to global transport hubs and business centers. It stands as a beacon of community living, wellness, and long-term investment value. Lincoln Rise Real Estate continues its journey of transforming the UAE's residential landscape—delivering homes that inspire, nurture, and evolve with modern lifestyles. About Lincoln Rise Real Estate Development LLC Lincoln Rise Real Estate Development LLC is a visionary property developer committed to crafting premium, lifestyle-driven residential communities across the United Arab Emirates. With a strong focus on design innovation, sustainability, and long-term value creation, Lincoln Star quickly emerged as a trusted name in the real estate market. The company's debut project in Dubai South set a benchmark for timely delivery, eco-conscious design, and investor satisfaction. Lincoln Star continues to raise the bar through projects like Lincoln Star Residence II—designed to offer wellness-centric living, top-tier amenities, and thoughtful community planning. Lincoln Star's mission is to redefine urban living through intelligent design, quality construction, and a commitment to creating vibrant, future-ready neighborhoods.
Al-Ahram Weekly
05-07-2025
- Business
- Al-Ahram Weekly
Libya signs infrastructure deals with Egyptian firms to boost reconstruction - Markets & Companies
Libya's Fund for Development and Reconstruction signed two major contracts on Saturday with Egyptian companies for critical development projects across several Libyan cities, part of a comprehensive plan to rebuild the country and enhance its infrastructure. The first set of contracts was signed with Dr. Assem El-Gazzar, chairman of Neom for Real Estate Development, Trade, and Investment. These projects will focus on reconstruction in cities like Derna and Al-Bayda, which were devastated by Cyclone Daniel in September 2023. These include developing Wadi Al-Naqa in Derna, which features 800 meters of retaining walls to enhance public safety and prevent landslides. The deals also cover the expansion and modernisation of the 62.5 km road linking the 10th Ring Bridge to Aqabat Al-Bakur, a key route connecting the mountains to the coast. Projects for Al-Bayda include upgrades to the 22 km western entrance road and the completion of surface roads around the city's two main bridges. Infrastructure works in Derna will also see a new wastewater network and a power treatment plant to boost basic services. Neom will also construct eight water culverts along Derna's Corniche Road to prevent flooding and improve rainwater drainage. Additionally, it will design and implement a new sewage network and treatment plant in Al-Bayda, with a capacity of 25,000 cubic meters to meet future demand. In a second round of agreements, Eng. Belqasim Haftar signed additional contracts with Eng. Khaled Madi, chairman of Wadi El Nile for General Contracting. These aim to strengthen further road networks, bridges, and electricity infrastructure in key regions. These projects include completing Phase 2 of the Al-Bakur Bridge and Road, implementing electrical works along the Tobruk–Emsaad Road, and surface works for the Al-Sement Bridge and Al-Tayyara Roundabout in Benghazi. Follow us on: Facebook Instagram Whatsapp Short link:
Gulf Today
19-06-2025
- Business
- Gulf Today
Sheikh Sultan Bin Ahmed attends Khalid Bin Sultan City Project launch
Sheikh Sultan Bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, attended on Thursday the launch ceremony of Khalid Bin Sultan City at BEEAH Group headquarters. The project, supervised and developed by BEEAH Group, affirms the pivotal and vital role it plays in supporting the urban development process witnessed by the emirate. The ceremony began with a film titled "We're are shaping the next era,' which explored the origins and evolution of BEEAH Group over time, expanding internationally, and transforming it from a small waste management company to a leading global institution exploring how to build a better future for all, offering various services in the fields of sustainability, energy, technology, healthcare, and real estate development. Khaled Al Huraimel, CEO and Vice Chairman of BEEAH Group, revealed that "Khalid bin Sultan City" represents a pivotal milestone for BEEAH in the field of real estate development, considering it a pioneering project that embodies the group's vision to reshape urban life. He described the project as an expansion of BEEAH's journey to build an integrated system of sustainable solutions in the environment, energy, technology, and healthcare sectors. Al Huraimel pointed out that thanks to BEEAH's diverse expertise in developing advanced infrastructure, from recycling facilities and environmental communities to clean energy systems and smart facilities, it has been able to embark on urban projects that reshape the future of sustainable living. He emphasised that the city is an extension of the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, whose wise leadership has laid the foundations for sustainability and urban planning in the Emirate of Sharjah. The Deputy Ruler of Sharjah and the attendees then watched a film about Khalid bin Sultan City, which embodies BEEAH's vision for developing smart cities centred on sustainability and human connection. This project is inspired by the legacy of the late Sheikh Khalid bin Sultan Al Qasimi, a pioneer in the field of urban design and planning, who left a clear mark on the urban identity of the Emirate of Sharjah. Nada Taryam, CEO of Real Estate Development at BEEAH, then delivered a speech in which she emphasised that through Khalid bin Sultan City, the group seeks to reimagine urban living and embody its vision of creating smart, sustainable cities that place people at the heart of their priorities. She added that this vision is now being embodied on the ground, through the integration of smart infrastructure with architectural design that celebrates identity, transforming public spaces into platforms for creativity, culture, and human interaction. Taryam revealed that Zaha Hadid Architects was commissioned to design the master plan, translating the group's vision for the project into designs that combine beauty and innovation, providing an inspiring, experiential environment that enhances quality of life. The ceremony concluded with a film screening detailing Khalid bin Sultan City, a model for a vibrant community that combines intelligence and sustainability, celebrates human connection, reflects a purposeful design philosophy, and embodies a profound harmony with the environment. The city will span an area of 1.5 kilometers and include 1,500 freehold residential units, commercial units, and spaces dedicated to culture and entertainment. The city will also house BEAAH's headquarters, which has achieved Leadership in Energy and Environmental Design (LEED) Platinum certification. After the ceremony, the Deputy Ruler of Sharjah toured the platforms showcasing the details of the Khalid bin Sultan City project, learning about its key features. The city, which is aligned with the directives and vision of Sheikha Jawaher Bint Mohammed Al Qasimi, Chairperson of BEEAH, aims to achieve a zero-waste system based on four key elements: sustainability, technology, culture, and human connection, is a vision that can be realised through the implementation of the project. Sheikh Sultan Bin Ahmed listened to an explanation of the city and its smart infrastructure that adheres to net-zero standards, renewable energy systems, water recycling facilities, and sustainable transportation solutions that support modern lifestyles. Smart technologies also contribute to enhancing infrastructure based on artificial intelligence and providing digital services, ensuring an integrated and seamless urban experience. The Deputy Ruler of Sharjah was briefed on the master plan, which aims to create walkable neighbourhoods, facilities that support a healthy lifestyle, and a vibrant community environment that inspires interaction, belonging, and shared growth. Khalid Bin Sultan City is planned to include seven distinct residential neighbourhoods, aiming to build a connected, human-centred community. Each neighbourhood revolves around a central plaza, a vibrant public space designed as a social hub and wellness space, located within a five-minute walking distance. It will also include children's centres and health clinics, in addition to sports facilities and outdoor cafes. At the heart of the project is a 2-kilometre green oasis, forming the city's natural backbone. It will feature jogging and cycling tracks, parks, and shaded plazas. Khalid Bin Sultan City will feature freehold residential units, including villas, townhouses, and apartments, offering a variety of carefully designed living options that combine sustainability, comfort, and modern amenities. Additional details about the availability of available units and community services will be revealed soon during future sales phases. At the end of the tour, the Deputy Ruler of Sharjah received a commemorative shield bearing the design of Khalid bin Sultan City, in appreciation and gratitude from BEEAH Group for his presence at the event. The launch ceremony was attended by the Deputy Ruler of Sharjah; Sheikh Dr. Salem Bin Abdulrahman Al Qasimi, Chairman of the Ruler's Office; Sheikh Fahim bin Sultan Al Qasimi, Chairman of the Department of Government Relations; Sheikh Saud bin Sultan bin Mohammed Al Qasimi, Director-General of the Sharjah Digital Authority; Sheikha Hind bint Majid Al Qasimi, Director of the Sharjah Design Centre; and a number of senior officials, heads and directors of local and federal departments and authorities. WAM
