Bahrain firm wins Tubli project

Dadabhai Construction will build a US $53 million waterfront development to meet anticipated residential demand

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By  Conrad Egbert Published  September 30, 2006

Dadabhai Construction is set to develop a US $53 million (BD20 million) waterfront project in Tubli, Bahrain. Habib Modara Consultants has been appointed as lead consultant on the 13,000m2 development. Dadabhai Construction managing director, Shabeer Dadabhai, said that demand for residential construction was on the increase in the kingdom. He said: “The last few years have seen the Bahraini economy progress at a rapid growth rate, as a result of the foresight and proactive policies of the government. “The boom has not just been in the financial sector but also in the tourism, real estate and service sectors. “Furthermore, with the opening up of the friendship causeway, in addition to the existing causeway to Saudi Arabia, the demand for residential developments is only bound to move significantly northwards. Our latest offering at Tubli is borne of this rising need.” The development will include a health club, three swimming pools, a business centre, restaurants and a sea facing landscaped terrace. The project is estimated to be completed within 20 months from the start of construction. Pranay Thacker, director, Dadabhai Construction, said: “The development will include six blocks, each consisting of a similar number of floors and will include 216 studio, one, two and three-bedroom apartments. Central to the design of the project has been our focus on the three most critical components that a tenant looks for namely; functionality, convenience and comfort.” Dadabhai Construction is based in Manama and has been building since 1977. The company specialises in design, construction and the operation of residential and commercial projects. Pegasus Realty will market the project.

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