Ezdan ... keeping pace with the modern housing requirements.
Ezdan plans Qatar housing units' revamp
DOHA, November 30, 2015
Qatar-based Ezdan Real Estate Company has announced plans for revamp of about 7,200 housing units in 12 residential villages in key areas of Al Wakrah and Al Wukair in Doha.
The company manages property investments for Ezdan Holding Group, which owns the largest real estate investment portfolio in Qatar. The group boasts about 20,000 housing units across the country.
As part of its new plan, Ezdan will replace furniture items, including bedrooms, and dining rooms in the various residential units ranging from one-, two- and three-bedroom apartments and villas of all its compounds in Doha and beyond.
This is mainly aimed at keeping pace with the modern housing requirements and standards, said a statement from the Qatari firm.
Ezdan Holding is seeking to convert its buildings into sophisticated units, meeting the needs of all residents, with a focus on environment and resources preservation.
In this context, the group has recently announced the conversion of 20,000 of its housing units into water saving units, with the ability to save up to 40 per cent on water consumption.
This comes in compliance with the country’s comprehensive plan to rationalize water and energy consumption, and conserve natural resources for future generations, said the company in its statement.
Under its new development strategy, Ezdan will be covering all its buildings and facilities, including hotels and residential compounds.
The ongoing furniture renovation process comes in the framework of the company’s plan to upgrade furniture in various Ezdan villages and units as well as compounds, aiming at improving services provided and meet the needs of the tenants, said a senior official.
Ezdan Holding Group CEO Ali Al Obaidli said: "This comes as part of Ezdan's efforts to maintain excellence in real estate products, to move into new stages of development; namely, improving its housing and maintaining services in light of the increasing population in vital areas such as Al Wakrah and Al Wukair, where the number of tenants in Ezdan Villages have reached more than 70,000 people."
"This inspires the group to study and consider all possible development initiatives in order to reinforce services in its villages," he added.-TradeArabia News Service