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FINANCIAL NEWS
Hydra finishes phase 1 of its Abu Dhabi development
15 Jul 2013
(MENAFN) Hydra Properties has announced that its Hydra Village project in Abu Dhabi is on track, with the completion of phase one, Arabian Business reported.
Hydra said that it had begun handing over 448 properties to homeowners and investors. The development will accommodate 10,000 habitants when all phases are completed.
Hydra also said that that zone eight of the scheme is currently 50 percent com for when the entire development will be finished.
Hydra was forced to scale back many of its expansion plans due to the 2008-2009 financial crisis, but has now completed two out of the ten zones at Hydra Village.
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