Mega Residential and Commercial Project in the North

11 years, 11 months ago - June 06, 2012
Mega Residential and Commercial Project in North
A proposal to build a new village residential and commercial Riviere du Rampart, called Azuri Village, plans to create 169 apartments in the category IRS and 103 units of housing for Mauritians.

This project will promote the Mauritian culture, creating a new waterfront, build restaurants and retail space, recreational areas and sports.

There will thus create a boutique five-star, the rehabilitation of a lagoon, the creation of green spaces and a market, the construction of a jetty to allow motor boats and catamarans docking , the development of a business center. The construction of the first boarding school is also considered here. The project cost is estimated at over Rs 600 million. Azuri Village will be managed by the giant Thai Centara Hotels.

Boost job opportunities in the region

If all goes as planned, the project Azuri Village should start early next year for completion in October of that year. For now, the project sponsors, Upper Shore Holding Ltd. and Upper Shore Ltd. IRS, awaiting the government approval to start.

Moreover, they have already begun a series of consultations with residents and fishermen from the villages of Rocks -Black, Pointe Lascars and Riviere du Rampart. Proponents claim that these residents have welcomed the project because it will boost economic activities and job opportunities in this region according to the document that was submitted to the government. They believe that this project is likely to create a synergy between different cultures, traditions in Mauritius and the lifestyle of foreigners.

" The Azuri development is a creation of a new village resort that will encompass and embrace  both Mauritian and visitor needs and provide a compelling platform for the growth of a truly sustainable community (…) It will not only aim to be solely a vacation development. It will be a vibrant and evolving community of both year-round residents and seasonal guests united in the belief that life is enhanced when people interact, learn and share through experience. The diverse concentrations of activities, coupled with the year-round cultural calendar, enhance the experience and make it the focal point for an entire area ", said in the document submitted to the government.

Promoters

Upper Shore Holding Ltd. was established to deal with real estate projects for Mauritians. This private company was incorporated under the "Companies Act" of 2001.

Haute Rive IRS Ltd takes care of hotel development projects and IRS. Both companies are entities of the Indian Ocean Real Estate Company (IOREC) and Flacq United Estates Ltd. The lands to be developed belonged to FUEL and IOREC.

 

Text by Le Matinal

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