Dubai, United Arab Emirates, (AETOSWire): Pantheon Development was honoured as the “Best Affordable Luxury Property” during the prestigious Arabian Business Real Estate Awards 2019 at Le Royal Meridien Beach Resort & Spa on Sunday evening.
Pantheon Development, a subsidiary of Pantheon Group, is an emerging brand in the affordable luxury segment within Dubai’s real estate market. The developer has completed and handed over its first affordable luxury project Pantheon Boulevard, valuing AED150 million, in Jumeirah Village Circle. The company has also started construction on its second project Pantheon Elysee, which is valued at AED180 million.
Pantheon Group Founder and Chairman Mr Kalpesh Kinariwala received the award at the glittering award ceremony. The coveted award is the latest in a series of accolades won by the Pantheon Development.
“It’s a great honour for me and Pantheon Development. I would like to thank Arabian Business for this distinction and acknowledging our hard work and endeavours to change the lives of property buyers in our affordable luxury projects. This recognition motivates us to grow further and deliver quality projects,” said Mr Kalpesh Kinariwala, Founder and Chairman of Pantheon Group.
Kinariwala added, “At Pantheon Development, we put all our efforts to build the best quality projects, and that’s the reason the company received the ‘Best Affordable Luxury Property award.
The award ceremony brought together the leading companies and pioneers that are making their mark in the real estate market.
The Arabian Business Real Estate Awards recognise and reward the UAE’s biggest real estate players. The awards honoured top organisations and individuals that had delivered outstanding results, as well as those who had made a vital contribution to the vibrancy of the industry. The real estate industry is one of the most important industries in Dubai, and perhaps more than any other embodies the UAE. The awards celebrate one of the fastest growing industries in the UAE.