[vc_row][vc_column width=”2/3″][vc_column_text]On Saturday, December 24, 2022, the Osama Joint Stock Company for Construction and Real Estate Development presented motivating offers to attend an investment project in Turkey, during a conference held in Basaksehir in Istanbul, and via the communication network (Zoom program).

Offers and discounts:

During the seventh session of the conference, Osama company offered one share of the value of the project at $10,800 instead of $13,000, the offer that will continue until the end of this year, for a $22 million residential project.

And Osama’s company operates on a participatory work system, and it falls under the wing of the Noria Limited Liability Company, which is a subsidiary of the International Al Rowad Series Contracting Company.

And Osama’s company purchased a plot of land with an area of 23,150 acres overlooking the new Istanbul Canal in the Yenişehir area within the municipality of Basaksehir in the Turkish city of Istanbul, and offered its shares for sale in the investment market, and it is scheduled that the first residential complex project will be built on it.

New flavor:

During the conference, an introductory video was shown about the residential complex of Osama Joint Stock Company, and the features of the area on which the project land is located.

In a beautiful gesture, the words at the conference were punctuated by flashes of chants, by the vocalist Al-Mu’tasim Billah Al-Asali, with words that please the ears, to add a kind of elegant Arabic art to the audience’s ears.

At the end of the ceremony, the Chairman of the Board of Directors of Osama Company, Sheikh Burhan Saeed, honored the success partners and other legal persons, including the director of the Mavera human rights company, who is in charge of the company’s legal affairs. He also honored the director of the Go Smart company from which the land was purchased. And It is worth noting that Go Smart Company has bought stakes in the project

Sheikh Burhan praised the results and steps achieved by the Al-Ward chain and the investment companies emanating from it during the year 2022, stressing that “pure work reaps its fruits.”

He emphasized, “The importance of investing in Turkey, which made us specialize in the wide real estate investment, with different capitals.”

Participatory investment:

From point of view of the General Manager of Osama Shareholding Company, Sheikh Muhammad Al-Jabarti, noted that the company advanced thanks to the partnership of investors after Fadlallah, pointing to the sale of approximately 65% of the shares of the project.

And Osama’s company offered 450 shares in the market to investors, so that each buyer of shares becomes a partner in the company, and his share in the profits is according to the value of the shares he bought.

And Sheikh Mohammed stressed the importance of participatory investment, which is the best type of investment, calling on investors to quickly take advantage of the significant reduction in the share price.

An innovative approach:

From the point of view of the advisor to the Chairman of the Board of Directors of Osama Company, Mr. Saeed Musa, indicated, “In his speech during the conference, the Pioneers series adopted a different approach in real estate investment, by entering into major projects with partners, so that everyone is in the ship of success.

And the company’s consultant went on: “Osama’s company came up with an innovative idea, by dividing the shares of the project into small shares so that all investors and the middle class could contribute, and it gave them the opportunity to contribute to this big vital project.”

He commented that the price of land on the new Istanbul Canal will rise many times its current price, after the issuance of the government decision to transfer its licenses from agricultural land to Emaar, and thus gives the shareholder a very high profit return.

Motivating Features:

He explained that the options for the land area were multiple, and the land overlooking the new Istanbul Canal was chosen to be the return from the base of the pyramid and at high rates.

And He noted that the land that was purchased to build the residential complex on is less than a kilometer away from Bahcesehir.

The plot of land on which the first residential complex will be built is located 350 meters away from the organization of the new Istanbul Canal, and at the bottom of the northern Marmara Highway, 600 meters away, near the first and second bridges.

Mr. Saeed stressed that the new canal is a project of the era and an economic revolution, which affects real estate on both sides of the canal, so one of Al Rowad series was to seize the opportunity to be on the sidelines of this promising profit.

The Board of Directors of Osama Joint Stock Company divided the implementation of the project into stages, starting with the stage of purchasing the land on which the residential complex will be built, and then converting the land license that the state allocated within the regulation from an agricultural license to a construction license, after which the residential complex will be built.

Huge profits and Confirmed guarantees:

The project on which the Osama joint stock company is based is distinguished by its certain profitability, which is divided into two parts, as the profit of the land in the event that construction is not completed on it reaches 50%, while the profits of the project in the event of construction reach 100%.

Regarding the investor’s guarantees, Mr. Saeed confirmed that the company’s board of directors gives the investor a receipt voucher for the value of the allocation he purchased, and a contract signed by the company, in addition to a share deed that he takes from the Turkish Ministry of Trade to guarantee his rights.

The advisor to the Board of Directors explained that Osama’s contract with a law firm and a legal accounting office according to Turkish law is considered a guarantee of the company’s right and the right of the shareholder participating with it.

And he continued, “The company owns the title deed of the land, which every investor has the right to view, in addition to the plans of the area that the Basaksehir municipality developed after sorting it, which confirms the transformation of agricultural land into reconstruction in the coming period.

Osama Joint Stock Company completed the plans of the entire project according to 2D and 3D, consisting of 9 housing units for the complex and the number of rooms in each housing unit, in addition to planning the commercial complex consisting of two floors, public gardens and the services center of the complex, which consists of a swimming pool, gym and cafe.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_gallery type=”image_grid” images=”5564,5561,5576,5567,5570,5573,5579″ img_size=”large”][/vc_column][/vc_row]