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Dubai-based ETA Star signs pact with Oman realty firm for a township development

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07-Sep-2008

 ETA Star

Property market in  GCC is growing at a rapid pace  led by  UAE  and Oman is fast  climbing up  the real   estate  ladder

Dubai-based real estate firm ETA Star Properties signed a pact with Oman-based OHI to unveil a high-end luxury township at Qurum.

Maqbool Hamed Al Saleh, Chairman of the OHI Group said: "The new 5,000 apartment units are just the tip of the iceberg and there's immense potential to develop property in Oman, which is witnessing robust, all-round growth. The property market in the GCC is growing at breakneck speed and Oman is fast catching up with this upswing."

The ETA Start Properties and OHI plans to build a multi-purpose real estate project with residential properties, offices and retail spaces, mixing comfortable living with high levels of convenience.