BisB unveils exclusive land investment offers in Hamala

TDT | Manama                                                     

The Daily Tribune – www.newsofbahrain.com

Bahrain Islamic Bank (BisB), a leader in digital banking solutions within the Kingdom, has joined forces with Effects Real Estate to provide enticing opportunities for customers seeking to invest in land plots within the esteemed Hamala project.

This collaboration grants BisB customers a plethora of benefits, including complimentary notarization services and a flexible grace period of up to 3 months on their financing instalments.

Additionally, those reserving land directly through BisB will enjoy special pricing and a BD 200 gift voucher upon successful booking and registration. The Hamala Lands project boasts 50 plots ranging from 160 sqm to 391 sqm, all conveniently situated in the sought-after Hamala area.

Notably, these plots are classified as Connected Residential Area A (RHA), signifying fully developed infrastructure and readily available deeds, starting at an attractive BD49,000.

“This partnership reinforces our commitment to providing streamlined financial solutions for real estate investments,” stated Ms. Fatema AlAlawi, BisB’s Chief Retail Banking Officer.

“We are dedicated to expanding our network of partnerships with leading developers like Effects Real Estate to offer comprehensive solutions. By presenting exclusive opportunities for our customers, we aim to enhance their banking experience and grant them access to a diverse range of services.”

Collaboration

Mr. Anwar Asaad, CEO of Effects Real Estate Company, echoed Ms. AlAlawi’s sentiment, expressing, “This collaboration marks a significant step forward, creating exciting prospects for those seeking real estate and financing solutions.

We offer diverse housing options across desirable locations, catering to individual needs and preferences. Notably, these plots boast expansive front facades of up to 15 meters, making them an ideal choice for a variety of projects.”

Mr. Asaad further highlighted the alignment of this agreement with the Ministry of Housing and Urban Planning’s third edition of the Housing Finance Exhibition, currently ongoing at City Center Bahrain.

“BisB and Effects Real Estate are proud participants, offering the public a unique opportunity to explore real estate and financing options, including our exclusive exhibition offers,” he concluded.