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Cayan Group acquires off-plan permits for Samaya project

KSA Business

Cayan Group, a leading property developer in the Middle East, is to launch Samaya Project in the prime area of Erga, north western Riyadh.

Spread over 1 million-sq-m, the billion-riyal project is set to become the ultimate residential destination, offering integrated services in Wadi Hanifah, one of the most attractive spots in Riyadh.

Cayan Group has obtained all official permits required to proceed with the project, including the off-plan permit from the Ministry of Commerce and Industry. Further, off-plan residential land plots have been reserved for Cayan's VIP clients at this initial stage.

Ahmed Alhatti, chairman of Cayan Group said: “Samaya addresses market needs for high-end residential compounds that offer integrated services for the residents of Riyadh.”

“Such prominent developments support the Saudi economy and drive property investment across the kingdom,” he added.

Samaya is a strategic residential suburb that features an impressive location contiguous to lavish residential compounds such as the Diplomatic Quarter, and boasts vital facilities designed to the highest engineering and urban planning standards.

Construction work will commence soon, offering comprehensive infrastructure services including water and electricity connections and other major facilities. Samaya consists of residential and commercial units, schools, nurseries, mosques, sports clubs, parks, green spaces, water fountains, farms, pedestrian paths, jogging and cycling tracks, as well as many other entertainment facilities.

Erga, the homeland of the project, is a one of the most luxurious areas, featuring breathtaking mountains, planes, and amazing parks. Samaya will be developed in Wadi Hanifa, one of the longest open parks in Erga spread over 80 kilometers. - TradeArabia News Service

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