Pacific Ventures : Launches two Dubai projects

Indian real estate developer Pacific Ventures has announced the launch of two new  projects in Jumeirah Village in Dubai. The launch of Pacific Residencia &  Pacific Edmonton Elm is a sign that Dubai's property market is on the path to recovery.

Mr. Parvez Khan, founder, Pacific Ventures, said: "We are extremely optimistic about the real estate market in Dubai as it is an economy which can not be allowed to fall down completely. Everywhere in the world, the business environment is undergoing upheavals &  changes, but we are confident that Dubai will always be a key investment hub for serious property investors who will appreciate the value of Pacific ventures newly introduced affordable (low cost) properties."

Mr. Parvez Khan also said, ''Pacific Ventures is a securely funded organisation and has the necessary resources to complete projects it has undertaken in the Middle East. By 2014, we would have completed our first set of developments here in Dubai, and it will be first of many projects we envision for this market and the rest of the MENA region.".

Both projects would be completed within 18 to 24 months.

Pacific Ventures is a developer of commercial, residential and mixed-use properties which says it believes in building affordable houses for the upper middle classes.
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