ASAS begins work on Sharjah’s Hoshi development

ASAS Real Estate, the real estate arm of Sharjah Islamic Bank, has announced the commencement of grading works and road construction on Sharjah’s Hoshi development.

Hoshi is a mixed-use development strategically situated on Al Maliha Road that connects the transit Ring Road with Emirates Road.

The first phase was launched late 2010.

Ahmed Al Amiri, General Manager of ASAS said, “The entirety of the Hoshi development has been opened up for sale in response to the huge demand we experienced for the first phase, and a contract has been signed with Darwish Engineering to complete the preparation of the land plots. The project offers buyers a choice of commercial and residential plots that range widely in size and are available at competitive rates that will help the real estate market to recover”.

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