A $5million real estate development project is set to begin along Fantasy Road in Nadi.
Spearheaded by the Bhindi Group of Companies, the development is expected to offer 52 residential lots and a three-acre commercial lot.
Investment Fiji chief executive officer Kamal Chetty said the project was a testament to investor confidence in Fiji’s real estate sector.
“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,” Mr Chetty said.
“We welcome such investments that contribute meaningfully to job creation, housing supply, and commercial vibrancy.”
The commercial development will consist of retail, office space, and hospitality services.
“The investment environment in Fiji continues to evolve, and with projects like this, we are seeing a clear alignment between investor interests and national development priorities.”
The Fiji Trade Commission North America also commended the Bhindi Group of Companies for their continued commitment to investing in Fiji’s growth and prosperity.
Now renowned jewelers in North America, the Bhindi Group traces its roots to its founder Karsanji Bhindi in Suva in 1952.
Fiji’s Trade Commissioner to North America Alika Coopers said more opportunities would stem from the Group’s multi-million-dollar development.
“This new $5 million real estate development in Nadi reflects the strong and enduring ties between Fiji and our diaspora communities abroad – particularly in North America,” Mr Cooper said.
“Such projects not only enhance our urban infrastructure but also create tangible opportunities for local employment, business activity, and long-term economic resilience.
“We look forward to supporting and encouraging more initiatives of this nature that showcase confidence in Fiji’s future.”
