AlShahd Jordan Real Estate Development Company has announced the completion of AlShahd 2’s infrastructure works, in compliance with the Ministry of Local Administration’s requirements.
In a statement, the developer said that work on the Jordan-based project included rehabilitation of the surrounding road network, building of a community garden, gates and pedestrian pathways, as well as concrete curbs to the road network and planted greenery, which reflects the company’s policy of ensuring sustainability is an integral part of its projects.
Wael Qassem, Nobles Properties’ Managing Director said, “We made sure the infrastructure works applied the highest technical standards possible and finished well within schedule.” He also confirmed that the infrastructure works included the laying of road, water, and electricity networks.
“We are committed to adding value to our developments, so we’ve also invested in aesthetic features that enhance the environment for Nobles’ customers,” he emphasised.
With engineering efforts complete, Qassem said that Nobles Properties is now focused on completing the official paperwork necessary to hand over plots to their respective owners, ready for construction to begin.
Omar Ayesh, Chairman of the Nobles Group Board of Directors, congratulated his team on the timely completion of engineering and landscaping activity. He added that such accomplishments are an important continuation of successfully developed projects in the Jordanian real estate market. Ayesh also reiterated the group’s commitment to the Hashemite kingdom, indicating that preparations were underway for the sale of AlShahd 3 plots in May 2022.
The upcoming launch is one of several projects in the pipeline valued at over US $100mn in the residential, hospitality and industrial sectors. It is part of the group’s goal of developing sustainable, environmentally friendly projects with distinctive features, he added.
The developer had recently announced it had sold out the AlShahd 2 within days of a private offering to existing clients, which the company deemed an exceptional accomplishment within the Jordanian property market.
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