Kavan Choksi Speaks About The Sustainable City of Abu Dhabi on Yas Island
Abu Dhabi is all set to get a sustainable city on Yas Island soon. The developer responsible for the Project will complete it within a stringent thirty-month deadline. This Project is good news for the region. Its construction and off-plan sales will start later in 2022 as a chief component of the campaign name “Sustainable City” in Abu Dhabi.
Kavan Choksi provides salient insights about this Project
Kavan Choksi is a reputable business and finance expert with valuable knowledge in investments and cryptocurrencies in the region. According to him, this Project has the objective of creating a community that adheres to the optimal standards of sustainable living in Sharjah. It follows a concept that had been effectively incorporated in Dubai. The developers and other credible experts are optimistic that once this Project is finished, both end-users and investors will purchase apartments quickly in the region.
The current status of the Project
According to him, the first phase of the sustainable city project in Sharjah is 95% over, and the whole Project is 25% complete. There are in total of 1,252 apartments for individuals and families interested in buying properties in the region.
Developers of building projects in the region are now shifting away from the plain-vanilla housing developments in Sharjah. They are now focusing on buildings that are different now and concentrate on creating forests, including beaches or any element of water.
When it comes to the unique incarnations of the proposed Sustainable City in Sharjah, he believes they are highly successful Today. According to him, new construction projects should incorporate innovative technological advancements that have been tried and tested for attaining sustainable solutions for mobility, water, food, energy, and waste. One must note that these solutions are never-ending and must be continued. For instance, he cites the solar PV modules that will be placed in Abu Dhabi will be about 20% better than those that have been placed in Sharjah. This means that the efforts of the developer must support both disruptive and incremental innovations.
Inspired by the sustainable city in Dubai
He believes that the sustainable city in Dubai was a catalyst as it has been in operation for seven years. It has five clusters for residences, a horse stable, a school, a farm, and a central plaza that houses offices and apartments. The developers have also recently launched 51 studio apartments that are short-term in nature called The Sustainable Homes. The above initiative will help tourists, guests, and locals to experience a temporary experience of sustainable living in Dubai with a much lesser carbon footprint.
According to business and finance expert Kavan Choksi, when this Project started, there was just one electric vehicle in the region and a single five-vehicle charging station; today, there are over 60 electric vehicles in the area with 12 charging stations for their needs.
The city initially provided an incentive program with a total of $10,000 in electric vehicles, and it is now working on a scheme where they can be shared. He believes that the current incentives, along with the components incorporated in the early phases of the Project, have led to a surge in the acceptance of EV vehicles in the region.
