"Maskan Arabia" Wins "Best Development - Multiple Units" Award

RIYADH, Saudi Arabia, November 6, 2013 /PRNewswire/ --

Maskan Arabia for Real Estate Development, one of the most prominent and leading Saudi companies in the field of real estate, has recently announced winning five awards at the globally renowned International Property Awards 2013 - Arabia competition which mainly aims to assess and highlight the finest residential and commercial real estate projects as well as their developers worldwide. Maskan Arabia competed against a number of their industry counterparts to receive this recognition.

     (Photo: http://photos.prnewswire.com/prnh/20131106/649721 )

Maskan Arabia won the award for "Best Development - Multiple Units" for the KSA via "Ritaj" project which contains 292 residential units and is considered one of the greatest residential projects that the company has started to develop in Northern Riyadh. Moreover, the company website, http://www.maskanarabia.com, also won "Best Developer Website" for Real Estate Development Companies - in addition to the two prizes of best Saudi and Arab architectural design for the "Alcasaba" project in Hitteen District, Riyadh.

The award's judging panel consists of approximately 70 industry professionals and experts  who believe that "Ritaj project" - which is currently being developed by Maskan Arabia Company and has so far achieved 30% of its constructional works - has been executed according to the most precise international standards and with an artistic touch that highlights the project's  fascinating Islamic themes, fused with Moroccan, Andalusian and Ottoman features, where such themes have simultaneously crystallized the concept of originality and modernity. On top of that, the project's finishing quality, innovative materials and the chosen location - being close to vital point of interests, have all contributed to its success in the said award group.

Within the category of Developer Website, the judging panel considered that Maskan Arabia Company's website is characterized by being easy to access, surf and has - with extreme transparency - all the information that the customer needs. Additionally, while browsing the website, any visitor can simply check the company's current and previous projects, thus identifying the precise details of every residential unit in terms of lot area, price ranges, architectural style, interior designs and finishing specifications.

On this success, Eng. Hossam Al-Rashoudi, CEO of Maskan Arabia Co., commented, saying: "We are extremely proud that for the second year in a row Maskan projects are being regionally recognized by one of the most world renowned awards in the field of real estate. This in turn, manifests the company's commitment to provide the Saudi market with development projects of international quality."

Al-Rashoudi also stressed that Maskan Arabia winning the "Best Development - Multiple Units" award represents in itself a marvelous global certificate for the company which demonstrated high quality and unique standards and furthermore proved its ability to overcome its industry counterparts . Indeed, such global honoring puts Maskan Arabia at the forefront of the global real estate sector.

He further emphasized that winning the award of "Best Developer Website" confirms the high quality standards and excellence adopted by Maskan Arabia Company in serving its customers. Winning such an award reaffirms its stature as one of the most prominent and leading real estate development companies in KSA and in the region, one that's globally recognized in this field.

A Glimpse at the Maskan Arabia for Real Estate Development Company

The Maskan Arabia for Real Estate Development Company is considered one of the most prominent Saudi companies in the field of real estate development and of finding integrated and comprehensive real estate solutions that can be relied upon. It provides a wide range of luxurious housing projects and is committed to applying the highest professional standards in the selection of distinctive sites and in building housing units of high quality, commensurate with the needs of Saudi families.

Since its establishment in 2008, the Maskan Arabia Company has witnessed an outstanding growth in its business. It developed several residential projects such as the Maskan Villa 1 and Maskan Villa 2 in the north of Riyadh; the Dar Project in the Al Ma'athe district in Riyadh; its new project, BLOMINVEST - Maskan Arabia Fund, in the district of Yasmine; and its latest project, Al Sultan, in Al-Thaghar district in Riyadh. Thus, it has become the leading developer in the Kingdom in the provision of convenient housing, which is characterized by combining the choice of aesthetic designs, the application of the highest engineering and construction standards, the careful selection of building material, and the completion and delivery of the units according to the agreed upon schedules.

Maskan Arabia is planning for the implementation and development of a wide variety of housing projects and is contributing to the prosperity of the Kingdom through its developmental solutions which provide housing and green-friendly environment initiatives. While pursuing these priorities the company focuses on its customers and offers them high quality services. This has contributed to the consolidation of its position as one of the most credible and respected real estate companies in the region. Recently, it beat its strongest competitors in the field of real estate in the world when it was granted the award of the Best Company for the Development of Multi Real Estate Housing Units in Saudi Arabia for the year 2013 by the Arab Real Estate branch.

For more information, please contact:
Badi Albadrani & Shaik Waheed
MPR PR  
T: +96614554033, Ext. 224
Email: badi@mpr.com.sa / shaik@mpr.com.sa

SOURCE The Maskan Arabia for Real Estate Development Company