Raheja Developers has announced that it has entered into a joint venture (JV) with Dubai-based Arabtec Construction for its project in the NCR region.
"We must match international standards in construction. So, we have partnered with Arabtec to take construction in India to another level," said Naveen Raheja, chairman, Raheja Developers.
Ishraqah for Development, a leading Dubai-based property developer, has awarded an order worth AED 687 million to Arabtec Construction for the Onyx Towers project in Dubai.
Onyx Towers is a multi-purpose freehold development located on Sheikh Zayed Road, next to Emaar Business Park.
The upcoming project will be built on a 22,000 square meter plot of land with a total built-up area of 202,800 square meters.