Golden Gate Developers, a joint venture between Bahraini-based company Kooheji Golden Gate and Indian real estate companies Ajmera Realty and Mayfair Housing, has unveiled its new residential development project, Golden Gate, which will come up in the heart of Bahrain Bay.

 

The project was launched at a grand ceremony held in the Four Seasons Hotel in Bahrain Bay where 

guests were treated to a 360-degree virtual reality tour, enabling them to walk through the property and have a virtual experience of living in these homes.

 

The joint venture said it has revolutionised the way real estate is viewed by introducing buying off-plan and allowing attendees, buyers and potential buyers to envisage the property and experience what the future of real estate is. 

 

The joint venture between Kooheji Golden Gate and Ajmera Realty and Mayfair Housing represents a partnership to change the landscape of real estate in Bahrain with this project, said senior officials at the event. 

 

With years of experience combined and their ambitious nature, the partners has revived decades worth of trade relations between the two nations, further cementing it with the creation of Golden Gate and for many years to come. 

 

This partnership aims at fostering a long-lasting relationship between these two nations and attracting more foreign investment into the country, they added. 

 

Kooheji Golden Gate chairman Ishaq Al Kooheji said: "The innovation and creativity that we have shown will only propel Bahrain into the spotlight, making the kingdom an exemplar of excellence in the real estate industry."

 

Ajmera Realty managing director Manoj Ajmera, said: “We are thrilled with the way the launch has taken off and are expecting only bigger and greater successes for The Golden Gate project and our growing relationship with the Kingdom of Bahrain.”

 

The property will be situated in the heart of Bahrain Bay, one of the most desirable locations for residential and commercial developments in the country, with amenities and transport links easily accessible for the residents. 

 

Golden Gate will be spread over a sprawling 140,000-sq-m area providing striking views of the waterfront and iconic Bahraini landmarks, distinguishing itself from other developments and buildings in the area. 

 

Their modernistic interpretation of traditional architecture is Golden Gate aims to become the tallest residential towers in the country, consisting of two towers with 45 and 53 stories and a total of 746 luxurious apartments, starting at BD45,000 ($118,481). 

 

The development stands out with its design that fuses both Bahraini and Indian cultures, paying homage to their rich cultural backgrounds. 

 

Mayfair Housing chairman Nayan Shah lauded Bahrain Bay's potential and dubbed it as one of the best waterfront developments in the world.

 

“Bahrain was a great choice for our first international venture as Golden Gate Developers, and Bahrain Bay was the best place to begin our journey. We are impressed with the country’s business-friendly mentality and strong worth ethic, which enabled us to create possibilities such as the Golden Gate project, which we hope to make a prestigious landmark. We are proud and honoured to be involved and a part of this project,” he added.-TradeArabia News Service