Dubai Real Estate Real Estate in Dubai

Dubai Real Estate News
UAE Property Market Trends and Reviews

Educating and Sharing Ideas with Buyers and Sellers in the Dynamic Dubai Properties and Real Estate Market.

Dubai Property Market
Dubai.. a great place to live! The Dubai Properties and Real Estate Blog is a resource center for property investors. You will find a wealth of information on topics including property selling, buying, rentals, real estate agents, Dubai housing market updates, mortgages / home loans, Dubayy freehold properties, relocating, Dubai real estate investing, trends, financial analyst, Middle East real estate news and professional reviews. Find property buy and sale information for all of UAE including Abu Dhabi, Sharjah, Ras Al Khaima, Ajman and Umm Al Quain.

Custom Search

L&T wins construction work of Dh.177.6m residential projects in Dubai

Friday, April 27, 2007

India’s Larsen and Toubro (L&T ) has won a Dh.177.6 million (Rs.2billion) deal from Nakheel for construction of residential project in Dubai. The project will be under the execution of ECC, the construction division of L&T.

The project comprises construction of luxury villas and other infrastructure facilities such as club house and children’s play area at Jumeirah Islands.

The entire construction work, which involves construction of 31 luxury villas, is due for completion within 548 days from the day of commencement of works.

This is for the third time that, Nakheel, the leading project developer in UAE, has been awarding projects to L&T. The other two being the middle bridges at the trunk of Palm Jumeirah Island which has already been completed, and the Mogul Gardens.

Larsen and Toubro Limited, the $4 billion Engineering and Construction Company with global operations, is one of the most respected and largest companies among the private sectors in India.

Labels: , ,

Social Bookmarking
 Add to Del.icio.us Digg this article Add to 

Myweb.Yahoo!  Stumble it Add to Newsvine Add to 

Google bookmarks Add to Propeller
posted by Exclusive Dubai, 4/27/2007 01:36:00 PM

1 Comments:

Dubai is one of among the most stable market for real estate in the middle east. It would take a decade before it will experience what US is now suffering in the real estate market.
commented by Blogger BenMode, 8:12 PM  

Add a comment