Centrium is getting ready for delivery by mid 2010

ETA Star’s residential project, The Centrium is getting ready for delivery by the mid 2010.

Located at the heart of International Media Production zone, Emirates road, The Centrium construction has been progressing rapidly. External plaster work and the 2nd floor civil work are almost complete in all these 4 towers and soft landscaping work shall begin by the end of December.

MEP work is also close to completion. Ceramic tile and joinery work are under progress. Aluminum doors and windows are being fixed and shall be ready by the 10th January. Basement to first floor painting work is also under progress. External painting work will begin soon.

The model apartment of Centrium will be ready in one month’s time and customers can view the apartment with prior appointment.

The Centrium will have spacious balconies and terraces open up to expansive greens within the 4 towers. Talking on the project Mr. Mohamed Ali, ETA Star Properties said, “Centrium construction is progressing rapidly and we look forward to deliver the project this coming year. The Centrium will house close to 550 residents. Strategic location of Centrium makes it an attractive investment opportunity”

ETA Star opens Display Centre for The Palladium

ETA Star has opened a Display Centre at its Hamarain Office for The Palladium apartments. The Display Centre is exhibiting samples of interior finishes and fittings for home owner’s review and confirmation.

The Display Centre is open from 18th January 7th February 2006 Saturday through Wednesday (3pm -7pm) and on Thursdays (9am- 1pm). The facility could be inspected by the Palladium apartment owners with prior appointment.

The response to the Display Centre has been encouraging and the visitors have expressed sheer delight in the efforts taken to exhibit sample interiors and for giving the home owner a choice on the fittings and fixtures for the homes. ETA Star has plans to display similar interior options for all other properties.

The Palladium located at the heart of the Jumeirah Lake Towers, next to the Dubai Metals and Commodities Centre (DMCC), The Palladium is an ultra modern high-rise apartment complex, 34 storey high, comprising of office, retail and residential floor plans and spans over half a million square feet of built-up area and has been designed by the renowned ?DAR Consultants.

Much like its namesake from the platinum group of metals, The Palladium is a distinctive lifestyle project designed to provide charm and sophistication to those associated with it.

Goldcrest Business Heights launched at Emirates city

Fresh from the success of its Goldcrest Dreams project in Ajman, Star Giga Establishment, the joint venture between the Mazyood Giga Group and ETA Star Property Developers LLC, has soft launched their next project, this time a full commercial tower in Ajman.

Goldcrest Business Heights is a prominent commercial tower located at a prime position which provides the entire view of the Emirates City overlooking the lake and the shopping mall. On the either sides of the tower all the residential towers can be witnessed forming the dual cluster extending towards the shopping mall in the centre of the city till the end. It is a 36 floor commercial tower with retail areas as well as five levels of the parking facility

Mr. Haji Muhammad Rafiq, Chairman stated, “The tower is so well architecturally designed to provide the perfect blend of business and commercial environment.. Gold crest Business Heights has received great response by exceeding the expectations on the sales front during the pre-launch period”.

ETA Star launches AED 1.2 billion Taj Exotica Resort & Spa and The Grandeur Residences

ETA Star launched the AED 1.2 billion Taj Exotica Resort & Spa and The Grandeur Residences, located at the Palm Jumeirah Crescent.

The projects are being launched in partnership with the world-renowned Taj Group of Hotels. The ground breaking ceremony, marking the commencement of construction for the project, was held today at the Palm Jumeirah Crescent and was attended by dignitaries who included Ratan Tata, Chairman, Tata Group and Sultan Ahmed bin Sulayem, Executive Chairman, Nakheel.

The Taj Exotica Resort & Spa, Palm Jumeirah, Dubai is a plush five-star hotel complete with a host of world-class facilities, whereas The Grandeur Residences is a luxury residential complex designed to provide residents a lifestyle reminiscent of royalty. The project is modeled on the archetypal palaces of Rajasthan.

The Grandeur Residences comprises of 200 freehold fully furnished one bedroom, two bedroom and three bedroom apartments, including ten beach front villas. The entire facility will be serviced by Taj Exotica Resort & Spa, Palm Jumeirah, Dubai. The one bedroom apartments at The Grandeur Residences cover a floor space of 1121 to 1236 square feet while the two bedroom apartments range from 1704 to 2148 square feet. All three bedroom apartments range from 2658 to 2676 square feet.

ETA Star participates in Arabian Travel Market

ETA Star will be participating in the Arabian Travel Market to be held in Dubai from May 2-5, 2006, at the Dubai World Trade Centre. ETA is planning to promote the services of its hotel management company, ETA Star Hospitality, while also showcasing its recently launched AED 1.2 billion Taj Exotica Resort & Spa and The Grandeur Residences, located at the Palm Jumeirah Crescent.

Operating in the commercial name, Star Hospitality Hotels & Resorts, it is involved in the management of hotels, resorts and hotel apartments of individual hotel owners, management of company properties, leasing of properties of individual owners and also owns hotels, resorts and hotel apartment properties.

ETA Star is also showcasing its other hospitality properties at the ATM 2006. The Taj Exotica Resort & Spa Palm Jumeirah, Dubai, a five-star hotel complete with a host of world-class facilities and an internationally renowned ‘Jiva Spa’ which will be the largest Spa in the Middle East; and The Grandeur Residences, a luxury residential complex modeled on the archetypal palaces of Rajasthan.

Construction commences for The Liberty House

ETA STAR is pleased to announce the commencement of construction of the prestigious property development “The Liberty House” located at the Dubai International Financial Centre (DIFC).

Liberty House is a mixed use (commercial, Residential and Retail) development, strategically positioned at the heart of the Sheikh Zayed Road and Dubai International Financial Centre business districts. It offers a total of 220 homes, 124 tailor-made studios, 20 one-bedroom apartments, 48 stylish one-bedroom duplex apartments, 12 roomy two-bedroom apartments and 16 luxurious and spacious two-bedroom with study apartments. In addition, customized Furnishing Fit-Out Packages and SMART Home Technology Packages are to be available to suit all tastes, requirements and budgets.

National Service Contracting Company (NSCC) is working on earthworks, shoring and piling substructure works and the site work has started on 22nd January 06.

New Dubai Law welcomed by Property Investors

The revolutionary law paves way for non-UAE nationals to own properties in designated areas of Dubai Emirate and register their ownership with the Dubai Lands and Properties Department. The new Dubai law announced by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, re-confirms the visionary approach of Dubai government.

The law is of substantial nature and said to be followed by a number of new procedural bylaws that will identify the freehold areas the non-nationals could own, determine the registration fees and related procedures. The law has appointed Dubai Lands and Properties Department as a regulatory authority for all properties in the Emirate.

Once the procedurals are set in place, the law will bring the needed stability to real estate industry and help in its organized growth. The legalization of the private property ownership rights will be an enormous boost to trust and credibility of Dubai as an investment destination.

The new property law is a welcome delight and marks the dawn of a new era to the thriving Dubai property Market. It is a boon to international buyers considering property purchases in Dubai as a safe and viable investment.

Exclusive UK launch of the Grandeur Residences: 11-13 May, 2006

An exclusive preview of the Grandeur Residences, Dubai will take place from 10 am to 8 pm, May 11-13 in the Taj Room at the Crowne Plaza Hotel’ Buckingham Gate, St. James, London. For more information, please call Imran on 0798 0180627.

Star Giga Establishment launches Goldcrest Dreams

Star Giga Establishment Limited, a joint venture between ETA Star Property Developers and Mazyood Giga International, has announced the launch of Goldcrest Dreams, an AED 700 million freehold residential property development in Ajman, at a press conference held at the Goldcrest Tent located next to Ex-Oasis Centre on Sheikh Zayed Road, Dubai.

The move follows the resounding success of the Jumeirah Lake Towers-based Goldcrest Views 2, Goldcrest Executive in Dubai and Pearl Residence in Ajman.

Star Giga Establishment Limited has adopted a unique finance plan to facilitate easy ownership of Goldcrest Dreams apartments. Buyers will not be required to present any bank statements or bank documents to avail the interest-free finance option from the developer. Goldcrest Dreams offers an attractive five-year payment plan with easy, affordable installments. After reserving the apartment by making a down payment of approximately 10 per cent, the buyer need only to pay quarterly payments where monthly installments start from as low as AED 1,999 until possession. After possession, the balance payments can be made in installments similar to paying rent.

ETA Star to invest Rs. 13,500 crore in Chennai

ETA Star plans to invest over Rs. 13,500 crore in Chennai and its surrounding areas for developing property.

The company will establish an integrated township on 1,200 acres at Sriperumbudur with an outlay of Rs. 12,000 crore and five new projects with an investment of Rs. 1,350 crore.

Addressing a press conference here on Thursday, P. H. M. Syed Ismail, Managing Director of the company, said Chennai and its surrounding areas were buzzing with activity. He said after its successful launch of its Bangalore properties `Binny Crescent’ and `The Garden’ had now entered Chennai.

Mr. Ismail said ETA Star had already acquired 250 acres at Sriperumbudur. The integrated township would have a built-up area of five-crore sq. ft.