Pantheon Development was recognized as the Best Affordable Luxury Property during the famed Arabian Business Real Estate Awards 2019 on Sunday evening at Le Royal Meridien Beach Resort & Spa.

Pantheon Development, a subsidiary of Pantheon Group is the prestigious brand in the affordable luxury segment within Dubais real estate market. The developer has completed and handed over its first affordable luxury project Pantheon Boulevard valuing at AED 150 million in Jumeirah Village Circle (JVC). The construction for its second project, Pantheon Elysee has already started which is valued at AED 180 million.

Pantheon Group Founder and Chairman Mr. Kalpesh Kinariwala received the award. The most desirable award is the latest in a series of accomplishments won by the Pantheon Development.

Its a great honor for me and Pantheon Development. I would like to thank Arabian Business for this distinction and acknowledging our hard work and endeavors to change the lives of property buyers in our affordable luxury projects. This recognition motivates us to grow further and deliver quality projects, said Mr. Kalpesh Kinariwala, Founder and Chairman of Pantheon Group.

Kinariwala added, At Pantheon Development, we put all our efforts to build the best quality projects, and thats the reason the company received the Best Affordable Luxury Property award."

Some of the leading companies and pioneers in the real estate industry attended the award ceremony.

The Arabian Business Real Estate Awards honored the biggest real estate players in the UAE. The top organization that delivered outstanding results, as well as those who made a great contribution to the vibrancy of the industry, were honored at the glittered award ceremony. The real estate industry in the UAE is one of the fastest growing industries.