About the Opportunity

The Syrian Investment Authority, through its investment map platform, is presenting an opportunity titled the North Hanano Project, listed under the real estate development sector in Aleppo governorate.

Project Specifications

The neighborhood covers 3.2 hectares and includes 1542 housing units distributed across 51 plots, based on two building models:

• Model One: 45 residential blocks, each with two entrances and 30 apartments, spread over a ground floor and four repeated residential floors with unit sizes ranging from 65 to 90 square meters, plus a basement level containing a shelter and storage rooms.
• Model Two: 6 residential blocks, each containing 32 apartments and a commercial ground floor with 13 shops totaling 355 square meters per block, plus four repeated residential floors with unit sizes ranging from 65 to 78 square meters.

Current Status of Works

The plots have been allocated and handed over to subscribers, with the exception of 20 plots from Model One that require rehabilitation and completion works. Repairs to damage and shared areas are currently underway for these plots, comprising 600 housing units, while completion works are limited to only 10 of those plots. A perimeter wall system was adopted as an earthquake-resistant structural element for the building.

The commercial shops in Model Two sustained war-related damage and require repair, noting that a portion of them has already been sold.

Infrastructure and Services

The neighborhood includes infrastructure works that have not yet been contracted, in addition to the establishment of electrical transformer stations and street lighting works that also remain uncontracted.