·       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.

Work has officially started on a pioneering scheme to create much-needed affordable homes for the local community in a small Yorkshire Dales village.

The first turf of the Hudswell Community Charity project, which will see three modular homes erected on farmland in the village, was cut this week.

The properties add to the three almshouses and three affordable homes the charity has already built to rent to people with a local connection. One of the new homes may be used as an older person’s shared ownership home following a number of enquiries from local people.

A funding package for the £685,000 scheme was drawn up using rent from the current six homes as well as a council grant from the former Richmondshire District Council and a mortgage through the Charity Bank.

The highly sustainable, insulated modular homes are made by Norscot to withstand the harshest weather, using solar panels for electricity generation and mechanical heat ventilation systems. Local suppliers and tradesmen will erect and fit them out, bringing in additional income for the local economy.

North Yorkshire Council’s executive member for housing, Cllr Simon Myers, said: “Hudswell is a small village of just 250 people and yet it is leading the way in community-led regeneration schemes to keep local people living and working locally. Affordable housing is often a barrier for them to stay in the village communities they have grown up in and Hudswell is doing what it can to put that right.

“These new homes will be delivered very quickly and will also provide work for local people.”

Hudswell Community Charity aims to help maintain the village as a sustainable, mixed community, with a growing number of young families, bucking the trend in the Yorkshire Dales where villages are often dominated by holiday and second homes and an increasingly elderly population.  

Charity secretary Martin Booth said: “We are building these three new homes because we want to be able to meet the demand for housing from young families and people with special needs, who cannot afford to live here, but who have a strong local connection.

“They will be highly adaptable eco-homes, that have low energy costs as they will have high levels of insultation, solar panels, green rooves and infra-red heating systems. They will be ‘smart eco homes’ that are suitable for residents with complex needs.

“A recent report showed that in North Yorkshire there is a significant shortage of affordable homes in large parts of the county and an acute housing shortage within the National Parks. The outcome is that rural and remote areas of the county are ageing, and the younger generation is missing out.

“Our housing provision and other activities contribute towards preventing Hudswell from following this trend and the provision of these new homes will greatly contribute towards this ambition.”

The Charity Bank’s, regional manager, Jeremy Ince, added: “This will be the second loan we have made to the Hudswell Community Charity to help fund the provision of new affordable housing in the village. We are really proud to support such a worthwhile project providing much needed homes for the local community.”  

To be eligible for the new properties, residents need to have a local connection to Hudswell – they need to have lived in the parish for at least three years or have a close family member such as a parent or sibling who has lived in the parish for at least three years.

For someone that wants to return to the parish, they must have previously lived in the local area for at least five out of the last 10 years and be in permanent employment or taking up a permanent post with a business based in the parish.

People are also eligible if they need to move to the parish to provide or receive care and support to or from a family member who has lived in the local area for at least three years.

In a bold move set to redefine industry perspectives, Beech Holdings today unveiled a groundbreaking study, ‘UK Property Development and Property Investment Statistics‘. 

This cutting-edge research not only charts the current course of the UK property market but boldly predicts its future trajectory, offering invaluable insights for industry professionals and investors alike.

Why This Study Matters

Dive into a treasure trove of meticulously gathered data, shedding light on market trends and investment opportunities that promise to shape journalistic narratives and guide investment decisions in the coming years. 

Key Revelations

1. Commercial Real Estate’s New Frontier 

Discover how the UK, a titan with a market value of over $1.7 trillion (£1.3 trillion), is navigating its status as Europe’s second-largest commercial real estate player amidst economic turbulence. 

2. The Residential Rollercoaster 

Trace the dramatic post-pandemic surge in housing demand and unravel the complex tapestry of housing completions, price variations, and the explosive projected market growth. 

3. The Green Wave in Property 

Unearth the rising tide of eco-conscious property preferences, a movement capturing the hearts of both first-time and repeat buyers. 

4. Co-Living: The Future of Urban Living? 

Explore the burgeoning world of co-living spaces, a social revolution in housing that’s redefining the concept of community living. 

5. Investment Finance: The Numbers You Need 

Equip yourself with the latest rental yield forecasts and regional market analyses, a must-have for any serious property investment reporting. 

6. Buy-to-Let Market: Navigating the New Normal 

Get ahead of the curve in understanding the evolving challenges facing landlords in a market reshaped by economic and regulatory shifts. 

7. Stamp Duty Shake-Up 

Delve into the recent stamp duty changes, a crucial piece of the puzzle for understanding property investment dynamics. 

The study also goes beyond the statistics, delving into external influences, economic ebbs and flows, interest rate impacts, Brexit effects, pandemic repercussions, and predictions that paint a vivid picture of the UK’s property investment landscape. 

Richard Lynch, Head of Global Sales at Beech Holdings, said: “This study isn’t just data – it’s a narrative of change, challenge, and opportunity in the UK property market. We invite you as industry experts and commentators to be the first to explore these insights and lead the conversation in your publications.” 

Explore the full study at https://beechholdings.co.uk/news/property-development-property-investment-statistics/