Home News & Entertainment 10-hectare residential estate to rise in Mintal

    10-hectare residential estate to rise in Mintal

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    Golden 8 Home unveiled on Wednesday, July 24, the company’s Avani Residences project, a 10-hectare lifestyle residential estate in Mintal, Davao City.

    “We have around 520 homes. It’s far better and bigger from what other (residential developments) offers. A 100 square meter lot which is detach and all the amenities 24-hrs, with the focus group we have gathered, yung presyo na nabanggit sa amin is in the 5 to 6 million pesos, but we are selling it for 4 million,” said Golden 8 Home chief executive officer Dilip Budhrani during the launching of Avani Residences last July 24.

    Mintal is an emerging business and residential hub, considered as one of the fastest-growing areas of Davao. As the real estate industry in Davao continues to strengthen its status, the city has cemented its place as among the prime investment destinations. 

    Avani Residences is a flagship residential development of Golden 8 Development and Construction Corporation, which aims to provide a better living in the most modern way.

    The project promises a “perfect combination of world-class engineering, spacious living and modern home design.”

    From the Sanskrit word ”Avni” which means Earth, Avani Residences is a piece of everyone’s dream. Avani is all about being at home in a safe and secure environment. It means all the comfort, serenity and family joy that you can find from owning your very own place on earth.

    Avani amenities include fully-equipped gym, Jacuzzi, function room, covered basketball court (convertible to studio), badminton court, lush garden, 25-meter lap pool and kiddie pool, and jogging path. 

    Budharani said the development is worth Php150 million financed by the company’s self-generated capital. He said the company is optimistic of the Davao market basing on the current growth of the city alongside various economic and infrastructure developments in Davao.

    Currently, Avani is in the land development stage. 

    Budharrani said they have 1,500 agents and sellers ready to go full blast on sales after they secure the required government permits.

    Golden 8 Home Chief Executive Officer Dilip Budhrani unveils the 10-hectare lifestyle residence to be built in Mintal, Davao City.

    “We have around 520 homes. It’s far better and bigger from what other (residential developments) offers. A 100 square meter lot which is detach and all the amenities 24-hrs, with the focus group we have gathered, yung presyo na nabanggit sa amin is in the 5 to 6 million pesos, but we are selling it for 4 million,” said Budhrani during the launching of Avani Residences last July 24.

    Mintal is an emerging business and residential hub, considered as one of the fastest-growing areas of Davao. As the real estate industry in Davao continues to strengthen its status, the city has cemented its place as among the prime investment destinations. 

    Today, a new lifestyle residential community opens its doorway to Davaoeños. Avani Residences, a flagship residential development of Golden 8 Development and Construction Corporation, aims to provide a better living in the most modern way.

    It is a new residential community offering the perfect combination of world-class engineering, spacious living and modern home design. 

    From the Sanskrit word ”Avni” which means Earth, Avani Residences is a piece of everyone’s dream. Avani is all about being at home in a safe and secure environment. It means all the comfort, serenity and family joy that you can find from owning your very own place on earth.

    Avani amenities include fully-equipped gym, Jacuzzi, function room, covered basketball court (convertible to studio), badminton court, lush garden, 25-meter lap pool and kiddie pool, and jogging path.

    Budharani said the development is worth Php150 million financed by the company’s self-generated capital. He said the company is optimistic of the Davao market basing on the current growth of the city alongside with various economic and infrastructure development in Davao.

    Currently, Avani is in land development stage. Budharrani said they have 1,500 agents and sellers ready for the full blast after they secure some government permits.

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    Penn Villamora
    Dave Stephen “Penpen” Villamora is a freelance journalist, blogger, and food advocate with an insatiable appetite for culinary exploration. An entrepreneur by degree and a contact agent by profession, he channels his passion for food into storytelling—whether through writing, photography, or firsthand gastronomic adventures. A self-proclaimed food-o’-phile (or "foodporn" enthusiast, as he cheekily calls it), Penpen travels relentlessly in pursuit of new flavors, believing every dish—from street food to fine dining—is worth a try. His work celebrates local food cultures, sustainable dining, and the stories behind every bite.