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Lower Costs of Construction Encourage More Activity in Ajman
DUBAI — Lower costs of construction, driven by the significant drop in prices of building materials, is encouraging more activity in Ajman property market.
The Sweet Homes General Contracting L.L.C, or SHGC, in-house contracting arm of Sweet Homes Holdings, has revealed that they are fast-tracking construction processes to leverage the favourable prices of building materials.
“The monitored drop in construction prices will definitely boost the capacity of developers to continue the construction on their projects, and as the contracting company for one of the biggest community developments in Ajman, this presents an excellent opportunity that we intend to capitalise on,” said Fawad Sattar Dero, Managing Director, SHGC. “As the market anticipates further reduction in prices due to global factors affecting the supply chain, our focus remains on the timely completion of all our current projects.”
At present, SHGC is working on several high profile commercial and residential projects, one of which involves an Dh2.2 billion main contract for ‘Ajman Uptown’, an Dh3.5 billion community project in Ajman.
Boasting of a pool of manpower with the appropriate skill set and strong commitment and dedication towards excellence and quality, the company guarantees professional management of its clients’ projects by qualified engineers, foremen and supervisors.
—business@khaleejtimes.com
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