Thursday, November 09, 2006

CHI Development Group to award contracts for Lime Tree project

CHI Development Group will award contracts for phase 1 of the Dh500 million 121-villa Lime Tree project at Nakheel's iconic Jumeirah Golf Estates here. The project is aimed to be completed in the third quarter of 2008. The company has already bought a few plots of land in Dubai for development.

CHI has bought land parcels on Lime Tree Valley that surround part of 'Earth', the Eco-signature course designed by Greg Norman at the Jumeirah Golf Estates. All their projects are niche. They are not master or mass developers.

The villas will portray the essence of New Dubai, a luxury community living in a convenient location complete with all essential facilities. Construction has already begun on the golf course with initial earthworks and lake formation well progressed.

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