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Sakana provides finances for Kazerooni Villas

May 24, 2012
0

Hussain Kazerooni, Managing Director of Kazerooni Contracting, left, with R Lakshmanan, CEO of Sakana
Sakana Holistic Housing Solutions the innovative Islamic mortgage finance provider recently signed a Memorandum of Understanding with ARK Holding to provide home financing for ready to move in super deluxe luxury Kazerooni Villas located near St. Christopher’s School, Saar.

The project comprising of 10 villas each with built up area of approximately 550 square meters is developed and promoted by Kazerooni Contracting and offered for sale to Bahrainis and other GCC nationals at BD285,000 and above depending on plot size and location. The villas are being offered by the developer with first of its kind buy back guarantee to repurchase at the end of five years subject to terms and conditions.

Sakana will be offering customers finance up to 90% property value subject to maximum BD350,000 and repayment term up to 30 years.

“We are pleased to associate with Kazerooni Contracting and offer mortgage financing for such a high quality development which is available ready to move in,” R Lakshmanan, CEO of Sakana said.

“We are delighted to partner once again with Sakana and offer our valued customer financing options for their dream home. In addition, our first of its kind buy back guarantee should provide peace of mind to customers and we believe the development will be a popular choice for GCC nationals to purchase and expatriates to lease,” Hussain Kazerooni, Managing Director of Kazerooni Contracting, said.

Kazerooni Villas offers very spacious living and dining area along with 6 bedrooms with attached bathroom and dresser with fully fitted wardrobes. The villa also offers internal kitchen, external kitchen, two kitchenette all with Bosch appliances, servant and driver room, laundry and store areas, private swimming pool, landscaped lush garden and 2 car ports. The villas are available in various plot sizes from 401 Sq M to 415 square meters and located near St. Christopher’s School, Waitrose, cafes and other services in Saar. Kazerooni Contracting WLL is owned by ARK Holding, Bahrain.

Tags: ARK HoldingSakana Holistic Housing Solutions
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