·       Catering to Dubai’s Dynamic and Discerning Homebuyer

·       A New Benchmark for Quality and Excellence in Urban Living

·       The event unveiled an exceptional payment plan with a flexible 30/70 structure

ANAX Developments, a subsidiary of ANAX Holding, is proud to announce the groundbreaking ceremony of Vento Tower, a landmark project in the heart of Business Bay. The event, which took place on February 21st, 2024 marks the beginning of a new era in luxury living.

The ceremony was attended by ANAXDevelopments Chairman Satish Sanpal, ANAX Holding; Managing Director, Ravi Bhirani; Head of Sales, Saqib Bin Tariq; and representatives from Adnan Contracting L.L.C and EDMAC Consulting.

Spanning 19 residential floors, Vento Tower comprises 225 luxury studios and one-bedroom apartments, fully furnished and equipped to a high standard with top-notch fixtures from Siemens and TEKA, and a Smart Home System from Bosch. Residents enter via a five-star hotel-style lobby, with 24-hour security and a fully-fledged concierge service, making Vento Tower a game-changer in contemporary living in Business Bay.

Chairman Satish Sanpal expressed his excitement about the project, stating, “Vento Tower is our debut project, and with a goal to reform urban luxury living targeting homeowners, we aim to set a new standard of luxury living in Dubai with our flexible payment plan and commitment to top-notch quality, we will set a benchmark for excellence in the industry.”

A highlight of the event was the unveiling of a revolutionary 30/70 flexible payment plan, tailored for prospective individuals seeking accessible payment terms with an option to pay as low as 1% to secure the  unit, emphasizing the company’s commitment to attracting homebuyers. This plan is especially significant in the competitive Business Bay area, offering urban individuals seeking a residence in Dubai a unique opportunity to invest in their dream home.

Commenting on the occasion, Ravi Bhirani added, “By offering a flexible payment plan and prioritizing quality, we are not just selling homes; we are enabling dreams. Our approach resonates with a new wave of young, first-time buyers, empowering them to own a piece of Dubai’s thriving real estate market.”

ANAX Developments’ entry into the market signifies a new era of growth and innovation, with a transparent payment structure and a commitment to unparalleled quality, setting a benchmark for excellence that will be unmatched in future projects.

Orlando Reid is setting the tone this year for marketing co-living inspired developments with the launch of Lofthaus in central Preston on the 12^th January.  The city has been proclaimed the number one place to live and work in the Northwest by PwC; in 2023, Money Supermarket ranked Preston first as the best place to raise a family, and it is deemed the top city for entrepreneurship in the Northwest. 

Cheshire family-owned development company, Belgravia are very at home in this vibrant region and in touch with what buyers and investors want – driving the initiative of creating community inspired co-living developments for people of all ages, who want an affordable flexible home and a more connected lifestyle with a broad choice of amenities, managed services and first-class technology under one shared roof.

Construction of Lofthaus is scheduled to begin in April and will be one of Belgravia’s most dynamic developments, designed by David Cox Architects to reflect the dramatic local landscape.  It will be the tallest residential building with 22 storeys centrally located in the city’s Market Quarter and University Gateway, dramatically mirroring the local landscape’s terrain and form.  Lofthaus will offer 307 apartments from studios to one- and two-bedroom flats and penthouses.  Studios start at around £99,950 and the most expensive corner penthouse with two bedrooms is available for £435,050. Construction is planned over 18 months and due for completion in Q4 2025.

Preston’s accessibility via road and rail has helped to put it on the property investor’s map. The city is intersected by four motorways – M6, M61, M55, M65.  It takes just 40 minutes by car to get to Manchester and Liverpool with rail services taking around 35 minutes.  London and Glasgow are on direct train lines taking two hours. For breathtaking scenery and country escapes, The Yorkshire Dales and Lake District are just 45 minutes’ drive away.

Baljit Arora, Managing director at Orlando Reid commented: “Lofthaus will be catering to the escalating demand for co-living spaces in Preston as a place-making community destination in one of the most exciting areas of the city.”

In the last 12 months, Preston has seen property prices increase by 21% according to Zoopla, Dataloft and Land Registry.  It’s modern university UCLAN has been ranked top in the Northwest for five consecutive years, and similarly for five years, The Times has named it best for the student experience – it has a student and university staff population of 60,000.  Currently, UCLAN is in the 6% of the world’s best universities. 

Belgravia’s Chris Newell said: ”Lofthaus reflects the type of development that has long been a successful residential model in the Far East and other major cosmopolitan cities. This is now gaining traction in the UK as millennials, professionals and students embrace a vibrant community lifestyle in a space that can flexibly respond to their changing needs.”

 www.orlandoreid.co.uk

Amid the current UK multi-residential development boom, the majority of contractors and consultants claim sustainability will be the most important design issue over the next ten years, according to an industry report.

In contrast, the survey of 520 M&E contractors and architects – 25% of whom work in the residential market – showed 44% of respondents believe wellbeing is being “value engineered” out of a project later on in the build. This was despite 91% also identifying human health as a key concern when specifying pipe fittings.

As the research suggests wellbeing is not prioritised throughout the entire building process, Designing Healthy Apartments – the report from leading polymer building solutions provider REHAU – explores the intrinsic link between health and sustainability when designing buildings, and solutions that are available to tackle this.

Mounting pressure on construction professionals to deliver futureproof buildings, against a backdrop of changing legislation, has been further exacerbated by increased demand for inner-city living. In order to deliver multi-residential developments in line with expectations of occupants, the report demonstrates that health and comfort must be designed and built into the environment just as much as sustainability.

With the multi-residential construction market under pressure to meet housing demand across the nation, Steve Richmond, Head of Marketing and Technical at REHAU Building Solutions UK, explains the importance of prioritising these aspects from the outset.

“With our research highlighting sustainability as a priority for the market, a key aspect also being “value engineered” out of projects, we are releasing this report to identify solutions to meet this now, and into the future,” says Steve. “Designing Healthy Apartments explores the importance of considering materials that promote wellbeing, sustainability and high performance, highlighting the key role of polymer-based products in delivering building services fit for 21^st century needs.”

While sustainability and performance remain key to the built environment’s health and longevity, the importance of hygiene has also climbed the public agenda in light of COVID-19. The report explores building services’ role in achieving optimal hygiene for residents, as well as the impact of sealed buildings on air quality.

Steve adds: “This report is making the link between these critical priorities, and seeks to demonstrate the need for their consideration during design, if legislation and end-user expectations are to be met. As a supplier, listening to the requirements of industry professionals is key to ensuring our solutions are fit-for-purpose and this report shows exactly how we intend to do this.”

For more information and to read REHAU’s guide, Designing Healthy Apartments, please visit: www.rehau.com/uk-en/designing-healthy

Property & Development Magazine