Actor Anil Kapoor books a flat in Dubai

Bollywood actor, Anil Kapoor, on Tuesday announced to have bought a two-bedroom flat in the Ritz by Danube Development.
Speaking at a press conference in Dubai, Kapoor described Dubai as his second home. "I just wait for excuses to be back to Dubai. Whenever I want to rejuvenate myself and feel great, I come to Dubai."Kapoor called his purchase of the apartment a genuine investment. "The location is great and the prices are very affordable compared to those in Mumbai. I really feel that this is the right time for anybody to invest in Dubai.
Ritz by Danube is a Dh300 million new development being planned in Al Furjan neighbourhood in the Jebel Ali area of Dubai. It is in close proximity to Dubai South, the Dh120 billion and 140 square kilometre mixed-use development, that will host Al Maktoum International Airport and the World Expo 2020.
Danube has partnered with a Spanish home technology solutions provider that will install modular furniture in the living room with the full- size bed tucked into the wall as part of the interior home décor with a sofa set.
The unit comes as part of a fully-furnished home offering by Danube Properties, which is bundling out the solutions for as low as Dh430,000 for a studio flat with a one per cent monthly payment plan.
The payment plan allows buyers to only pay 52 per cent of the total value before the possession, and the rest of the 48 per cent will be paid in convenient EMIs.
Kapoor viewed that the developers need to read the market requirements and respond to the consumers' needs. "When I heard about Ritz by Danube, I somehow knew that it is one project which is being developed for the masses, who aspire to own a house in Dubai."
He congratulated the Danube team for seeing this innovation through and bringing a new wave of affordable housing to the fore. "I urge everyone to have a look at the show apartment to witness the latest technology in real estate."
The Ritz is Danube Properties' third major project after Dreamz and the Glitz trio, and takes the total value of the group's real estate portfolio to Dh1.5 billion. Ritz offers 450 apartments including 180 studios, 135 one-bedroom and 135 two-bedrooms with built-in modular kitchen, furniture and complete bathroom fittings by Milano - Danube's Italian bath solutions.

rohma@khaleejtimes.com