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Manara Developments, a Bahrain-based real estate development company, will soon be launching a new residential project aimed at mid-income Bahraini and GCC families.
In line with the company's 'All Considered' promise, Manara's new 'Kenaz Homes' project has been designed to meet the increasing need in the local market for affordable quality housing.
The Kenaz Homes Development has been designed to meet the needs of mid-income Bahraini aspiring home-owners who are looking to move out of their current home into quality units that also provide an investment opportunity for the future.
Kareem M Shamma, CEO of Manara Developments, said: "Manara has always been committed to developing socially-aware projects that meet the demands of the local market.
"Kenaz Homes is one in a series of residential projects in the company's portfolio that will cater to the rising housing needs of the mid-income Bahraini, a segment that has so far been under-serviced."
Located centrally, very close to the 'Burgerland' Roundabout, on the opposite side to the International Hospital of Bahrain, Kenaz Homes will offer three-bedroom semi-detached houses to Bahraini and GCC nationals, at competitive prices.
"Kenaz Homes offers residential units at very competitive pricing levels within a prime central location, enabling mid-income families to purchase their own house within close reach of their families, friends, work, shopping and entertainment venues and other civic amenities such as schools, petrol stations, supermarkets and hospitals," explained Mr Shamma.
The architectural style is essentially contemporary, but borrowing subtly from Bahrain's vernacular architectural vocabulary. The unit designs are uniquely crafted to blend in with their surrounding locale, in line with Manara's approach of building projects that enhance the communities.
"We are very excited to be launching the Kenaz Homes product and we are confident that the market will welcome it, since it offers a very attractive housing solution for quite a large underserviced segment of the market," added Mr Shamma.
Manara Developments will also offer attractive and flexible financing packages for this particular project, to suit the purchasing power of different buyers.
