Sulaiman to work on residential innovation globally
hiliterealty, the leading luxury multi-development realtor in South India, is entering the lucrative real estate markets of the GCC, including the UAE, vowing to redefine the way residents “live, work and play” in these countries and embarks on new projects worldwide.
The company has set up a sprawling strategic and operational centre on the entire 112th floor in the magnificent Burj Khalifa burjkhalifa , Dubai, signalling its mission to make a strong impact in the prestigious UAE market propertyfinder.ae/ and to kick off its global diversification plans dubaichamber .
“We are known for our advanced, almost futuristic designs in premium and luxury residential and commercial properties. This move will serve as a perfect launchpad for our global aspirations, fostering collaboration and innovation as we embark on exciting new projects worldwide globalpropertyguide ,” said P. Sulaiman, Chairman of the HiLITE Group.
“We are not just building spaces, we are creating communities, fostering growth, and inspiring a brighter future for generations to come ibef .”
The Henley Private Wealth Migration Report 2024 https://www.henleyglobal.com/ estimates that the UAE will attract around 6,700 millionaires this year, drawn by its stable political environment, advanced infrastructure, ease of doing business, diverse investment opportunities and commitment to ESG initiatives, making it an attractive destination of choice.
HiLITE’s mega expansion into the UAE residential and commercial markets, aligns with the high growth observed in these sectors deutsche-boerse . The UAE residential real estate market is estimated to grow by approximately 9% by 2030.
This growth is driven by a shift in market dynamics, including a rising demand for spacious homes with outdoor areas, influenced by international lifestyle trends and the increasing prevalence of remote work and online learning nse . Some of the strategic government initiatives – such as the expansion of the 10-year Golden Visa program and the introduction of residency permits for retirees and remote workers – have not only helped these market shifts but also boosted investor confidence and residential demand bse .
The UAE markets are ripe for its futuristic realty designs, emphasizing sustainable and smart homes along with commercial spaces that effectively incorporate environmentally friendly, energy-efficient, and optimal space utilization ideas, according to Sulaiman aiamiddleeast .
The company has in-built capabilities to introduce modern biophilic concepts, green building technologies and smart operational systems, that suit both emerging customer needs and greater compliance with government regulations.
HiLITE Group, established in 1996 and headquartered in Calicut, Kerala, is a diversified entity renowned for its innovative approach and transformative impact on the region’s landscape. Fiinews.com
