A $5 million real estate development project is gearing up along Fantasy Road in Nadi, spearheaded by the Bhindi Group of Companies. This venture promises to offer 52 residential lots along with a three-acre commercial lot, marking a significant addition to the region’s infrastructure.
Kamal Chetty, the CEO of Investment Fiji, highlighted the project’s significance, stating it reflects strong investor confidence in Fiji’s real estate market. “The Bhindi Group of Companies initiative will not only stimulate economic activity in the western division but also support the Government’s vision of well-planned urban development,” he articulated.
The commercial aspect of the development is set to include a mix of retail, office spaces, and hospitality services, enhancing the area’s economic landscape. Chetty emphasized, “We welcome such investments that contribute meaningfully to job creation, housing supply, and commercial vibrancy.” The alignment of investor interests with national development priorities is a trend that appears to be growing in Fiji’s evolving investment environment.
The Bhindi Group, which has established a reputation as renowned jewelers in North America, has roots that trace back to its founder, Karsanji Bhindi, who started the business in Suva in 1952. Fiji’s Trade Commissioner to North America, Alika Coopers, expressed optimism about the opportunities this multimillion-dollar development will bring, asserting that it strengthens the ties between Fiji and its diaspora communities, particularly in North America.
Coopers remarked, “This new real estate development in Nadi reflects the strong and enduring ties between Fiji and our diaspora communities abroad – particularly in North America. Such projects not only enhance our urban infrastructure but also create tangible opportunities for local employment, business activity, and long-term economic resilience.”
This development serves as a beacon of hope, promising to enhance living standards and contribute to the local economy by providing job opportunities. As Fiji continues to attract investments, the future looks bright, suggesting that these initiatives will foster significant growth and urban prosperity for the region.
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