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Emaar holds balloting for Crescent Bay customers

Karachi, Pakistan, March 30, 2008

Emaar Pakistan will hold balloting for registered customers of Crescent Bay development tomorrow (March 31).

Potential customers will be selected from the lot for a right to purchase homes and office space within the master-planned community, the country subsidiary of property developer Emaar Properties said in a statement.

Customers registered in Karachi, Islamabad and Dubai and Emaar Pakistan has commissioned the service of a third party to conduct the balloting, said managaing director Mohammed Al-Falasi.

The results will be displayed on the Emaar corporate website (www.emaar.com) within a week. All successful applicants will also receive a letter from Emaar which will outline the purchase procedures.

Information on the sales process and ballot results, amongst other queries can be obtained through Emaar’s toll free number 0800-Emaar (36227). Moreover other applicants can continue to participate in the future launches within Crescent Bay, the company said.

Crescent Bay is part of the multi-billion dollar development projects Emaar has announced in Pakistan. It is part of Karachi’s DHA Phase 8, which includes the DHA Golf Course and is located near Karachi’s central business district.

Crescent Bay covers 108 acres, and will include high and mid-rise towers for residential and commercial use, all replete with comprehensive amenities. The master-planned community will include a shopping centre as well as a 5-star beachfront hotel, the developer said. – TradeArabia News Service




Tags: Emaar | real estate | Realty | Crescent Bay | balloting |

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