Sakana Holistic Housing Solutions has added another first to its innovative and extensive portfolio of property-related services by introducing a property consultancy service.
The first step in this process was the recent signing of a $20 million MoU with developer RMK Projects, a division of R M Kooheji & Sons, which will allow Sakana to market "Nasmah", a freehold high-rise residential building in Juffair.
With this development, the innovative mortgage provider is offering end-to-end solutions including sales, marketing, contract administration as well as attractive mortgage finance deals.
R Lakshmanan, CEO of Sakana, commented: "This is a bold step for a mortgage provider to take and we are confident that it will add to our appeal as a holistic provider of housing solutions.
"When a person buys a home, they want the process to be simple. This agreement will do just that."
Ishaq Rashid Al Kooheji, president and CEO of R M Kooheji Group, said: "We are sure that the combination of our and Sakana's experience in the real estate sector will make our first freehold tower a popular choice for home buyers and investors. The building is expected to be ready sometime in 2009."
A privileged launch will be held shortly, followed by a public launch. Potential buyers can register their interest by calling 17201920.
