Residential and Golf Course Bois Chéri Rs 6 Billion Invested

10 years, 11 months ago - April 26, 2013

This is confirmed Arthur & Morgan Ltd. invest in an ambitious project. Residential golf complex called Avalon, Bois-Chéri. Requiring an investment of over Rs 6.5 billion, it will include a golf course with 18 holes, a Country Club and 364 villas, 90 of which are intended for Mauritians living abroad. Everything will be built on an area of 544 arpents. Work should débuterle July 1. Already, more than 50% of the lots have been reserved.

The three main promoters expect the golf course is a reality in December of next year. "We obtained the necessary land conversion permit," says Michael Chan Sui Ko, a leading proponent and the backbone of this project. He is currently in developer Nexteracom Services Ltd.. He has to his credit the construction of several buildings in Port Louis and Ebony insists that residential site, next to the tea plantations, also suitable for families and businessmen and foreigners.

"Our goal for this project is to combine relaxation and comfort in a green setting," said Gerald Lincoln, Country Managing Partner of Ernst & Young. It is also a leading developer of Avalon with AlainHao Thyn Voon, Managing Director of PAD & Co Ltd..

The golf course, designed by Peter Matkovich, a world leader in this niche will be of international standard. A Country Club will be built on two levels. It will offer several facilities: bar, restaurant, games room, heated pool, BBQ area, tennis courts, among others. All require an investment of Rs 300 million.

"We will sell 274 lots of land spread over 229 acres to the Mauritian customers. Each buyer will have the opportunity to build his house on an area of about 600 yards, "said Michael Chan Sui K. The latter states that the sale of the lot will be between Rs 4 million to Rs 10 million and the cost of construction of a villa between Rs 6 million and Rs 12 million. The buyer will choose from eight types of villas offered by Avalon. He will have four years to settle the acquisition of its land must meet specifications in order to preserve the harmony of the paysage. Quant villas Residential Estate Scheme for foreigners, they will be key in hand built. The sale price is Rs 18 million situeraentre ETRS 25 million.

Text by lexpress.mu

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