Gifa Inc Company Update on Company's Ongoing Projects
Gifa Inc (OTC PINK:GIFX) has provided an update on its ongoing Karsiyaka project. The company has completed the planning phase and is ready to move forward with implementation. The project involves developing 80 villas on 100 donum of land out of a total 234 donums available. Each villa will have a closed area of 300-400 m2, including swimming pools and gardens.
Gifa has obtained a construction permit for 30,100 m2, with an estimated cost of $1,292 per square meter, totaling $38,889,200. The projected total sales of the villas are estimated at $194,476,100. Due to financial constraints, the company is seeking a partner for collaboration rather than opting for high-interest bank loans.
Gifa Inc (OTC PINK:GIFX) ha fornito un aggiornamento sul suo progetto in corso a Karsiyaka. L'azienda ha completato la fase di pianificazione ed è pronta a procedere con l'implementazione. Il progetto prevede lo sviluppo di 80 ville su 100 donum di terreno, di un totale di 234 donum disponibili. Ogni villa avrà una superficie chiusa di 300-400 m2, comprensiva di piscine e giardini.
Gifa ha ottenuto un permesso di costruzione per 30.100 m2, con un costo stimato di $1.292 per metro quadrato, per un totale di $38.889.200. Le vendite totali previste delle ville sono stimate in $194.476.100. A causa di vincoli finanziari, l'azienda sta cercando un partner per collaborare anziché optare per prestiti bancari ad alto interesse.
Gifa Inc (OTC PINK:GIFX) ha proporcionado una actualización sobre su proyecto en curso en Karsiyaka. La empresa ha completado la fase de planificación y está lista para avanzar con la implementación. El proyecto implica desarrollar 80 villas en 100 donum de terreno, de un total de 234 donums disponibles. Cada villa tendrá un área cerrada de 300-400 m2, incluyendo piscinas y jardines.
Gifa ha obtenido un permiso de construcción para 30,100 m2, con un costo estimado de $1,292 por metro cuadrado, totalizando $38,889,200. Las ventas totales proyectadas de las villas se estiman en $194,476,100. Debido a restricciones financieras, la empresa está buscando un socio para colaborar en lugar de optar por préstamos bancarios con altos intereses.
Gifa Inc (OTC PINK:GIFX)는 Karsiyaka 프로젝트에 대한 업데이트를 제공했습니다. 회사는 계획 단계를 완료했으며, 구현을 진행할 준비가 되어 있습니다. 이 프로젝트는 80개의 빌라 개발을 포함하며, 총 234 donum 중 100 donum의 토지에서 진행됩니다. 각 빌라는 수영장과 정원을 포함하여 300-400 m2의 실내 면적을 가질 것입니다.
Gifa는 30,100 m2에 대한 건축 허가를 획득했으며, 제곱미터당 $1,292의 추정 비용으로 총 $38,889,200에 해당합니다. 빌라의 총 예상 판매액은 $194,476,100으로 추정됩니다. 재정적 제약으로 인해, 회사는 고금리 은행 대출을 대신하여 협력 파트너를 찾고 있습니다.
Gifa Inc (OTC PINK:GIFX) a fourni une mise à jour sur son projet en cours à Karsiyaka. L'entreprise a terminé la phase de planification et est prête à avancer avec la mise en œuvre. Le projet consiste à développer 80 villas sur 100 donum de terrain sur un total de 234 donums disponibles. Chaque villa aura une surface fermée de 300-400 m2, incluant des piscines et des jardins.
Gifa a obtenu un permis de construire pour 30.100 m2, avec un coût estimé de $1.292 par mètre carré, pour un total de $38.889.200. Les ventes totales prévues des villas sont estimées à $194.476.100. En raison de contraintes financières, l'entreprise recherche un partenaire pour collaborer plutôt que d'opter pour des prêts bancaires à intérêt élevé.
Gifa Inc (OTC PINK:GIFX) hat ein Update zu seinem laufenden Karsiyaka-Projekt gegeben. Das Unternehmen hat die Planungsphase abgeschlossen und ist bereit, mit der Umsetzung fortzufahren. Das Projekt umfasst die Entwicklung von 80 Villen auf 100 Donum Land von insgesamt 234 Donum. Jede Villa wird eine geschlossene Fläche von 300-400 m2 haben, einschließlich Schwimmbädern und Gärten.
Gifa hat eine Baugenehmigung für 30.100 m2 erhalten, mit einem geschätzten Kosten von $1.292 pro Quadratmeter, was insgesamt $38.889.200 ergibt. Die voraussichtlichen Gesamtverkäufe der Villen werden auf $194.476.100 geschätzt. Aufgrund finanzieller Einschränkungen sucht das Unternehmen einen Partner für eine Zusammenarbeit, anstatt sich für hochverzinsliche Bankdarlehen zu entscheiden.
- Completion of planning phase for Karsiyaka project
- Construction permit obtained for 30,100 m2
- Estimated total sales of villas at $194,476,100
- Financial limitations requiring partnership for project execution
- Potential variability in construction costs due to market conditions
SAN DIEGO, CA / ACCESSWIRE / July 23, 2024 / Gifa, Inc., a Nevada corporation ("GIFA," the "Company," "we," "us," and "our") (OTC PINK:GIFX) today announced an update on the company's ongoing projects.
‘The planning phase of our Karsiyaka project has been completed, and we are now ready to move forward with the implementation phase to develop villa projects,' said Mr Kisa.
‘Each villa will have a closed area of 300 to 400 m2, including swimming pools and spacious gardens. Currently, we are constructing 80 villas on 100 donum of land out of the total 234 donums available for the project. We have obtained a construction permit for a closed area of 30,100 m2, with a cost of
Due to financial limitations, they are seeking a partner to collaborate on this project instead of borrowing from banks with high-interest rates. The construction costs provided are approximate and may vary due to market.
‘We assure our shareholders that the project will be closely monitored and audited. We appreciate the trust and support of our shareholders and are excited about the successful completion of this project,'Mr Kisa added.
ABOUT GIFA INC:
GIFA, Inc., through its subsidiaries, provides financial services and consultancy, brokerage, business loans, project funding, crowdfunding advice, and consultancy to individual and corporate clients. It also offers personal and professional business development and investment advice to private clients airline representation, and corporate and leisure travel services. In addition, the company provides end-to-end supply and demand chain management services engaging in controlling and coordinating supply of materials to a range of entities that are involved in producing and delivering goods and services. Further, it engages in media business comprising newspaper and Webtv; provides consultancy, advice, assistance, and support for local businesses, as well as opportunity to access international finance; and offers local businesses and individuals small loans. The company also owns real estate and generates rent and sale income. The company was formerly known as Firefish, Inc. and changed its name to GIFA, Inc. in October 2017. GIFA, Inc. was founded in 2008 and is headquartered in Lefkosa, Cyprus.
Forward Looking Statements
This press release contains forward-looking statements. In particular, the words believe, may, could, should, expect, anticipate, estimate, project, propose, plan, intend, and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this press release about an action, event or development, are forward-looking statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions, many of which may be beyond control of the Company, that could cause actual results to differ from those in the forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, and factors that cannot be predicted with certainty, as well as additional risks and uncertainties. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement except as required in accordance with applicable laws.
For further information contact:
GIFA INC
Dr Fazil Kucuk Boulevard, Hamitkoy Junction
Hamitkoy, Nicosia
Mersin 10 Turkey
+903926116000
info@gifainc.net
Topic: 2024 Company's Update On Onging Projects
SOURCE: GIFA INC.
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