Categories: International

Shapoorji Pallonji’s 25-storey Gulf project close to completion

Mumbai, April 26,2014:

Construction and infrastructure major Shapoorji Pallonji, which has been awarded a contract for the construction of a mixed use development by Abu Dhabi-based property developer Bloom Properties, has reached the penultimate stage of construction at the 25-storey, twin-tower complex.

Bloom Central in Abu Dhabi is set to house two properties managed and operated by Marriott International, which is the five-star 315-room Abu Dhabi Marriott Hotel and the 64-key Marriott Executive Apartment. The project also features more than 7,000 square metres of office space.

The Shapoorji Pallonji Group is a highly diversified conglomerate, and one of India’s oldest construction companies.

The India-based engineering and construction firm Shapoorji Pallonji International has bagged many leading properties in the Gulf region.

Last year, the company had bagged a residential development project in Dubai, to build 348 four-bedroom townhouses and other amenities.

The handovers of the properties are due to begin mid-2014, said people in the know. In February this year, Shapoorji Pallonji Middle East was appointed as the main contractor for a new medical centre to be based in Dubai Healthcare City.

As Chief Executive Officer of Shapoorji Pallonji International Mohan Dass Saini noted the Group had built the first hospital in the UAE in 1980 in Abu Dhabi.

The company’s project portfolio includes the Fairmont Bab Al Bahr hotel in Abu Dhabi, the Marriot Hotel Abu Dhabi which is set for completion in 2014, the Sultan Qaboos Palace in Muscat, Damac’s Park Towers in Dubai and the Barwa City Amenities Zone in Doha.

With independent operating companies in the UAE, Qatar, Kuwait, Bahrain, Saudi Arabia and Oman, Shapoorji Pallonji has a group turnover of over $2.5 billion.Business Line

The Property Times News Bureau

Share
Published by
The Property Times News Bureau

Recent Posts

From Urban Jungles to Digital Oasis: The Millennial Shift Toward Hyper-Connected Homes

New Delhi, November 14, 2024: In the past decade, urban spaces across the country have…

4 days ago

ALBAN by Pyramid Infratech emerges as a preferred choice of discerning homebuyers

Gurugram, November 14, 2024: ALBAN, by Pyramid Infratech, is a marquee project located in sector-71, Gurugram.…

4 days ago

India Accelerator Enters Pune with New Co-working Space; invests $0.5 Million to Foster Startup Innovation

As IA continues to move on its expansion spree, it is poised to meet the…

5 days ago

Trehan Group plans to come up with New Group Housing Project in Bhiwadi

 The group Aims to Deliver Quality and Affordable Housing Along Bhiwadi-Alwar Highway New Delhi, November…

5 days ago

Build Nivesh LLP (formerly Labdhi Nivesh LLP) Announces Final Closure of Maiden Real Estate AIF

Mumbai, November 12, 2024: Build Nivesh LLP (formerly known as 'Labdhi Nivesh LLP'), has announced final…

6 days ago

Rs 361+ Crore Diwali Sales Mark Growing Buyer Interest in Mumbai and Pune Real Estate

With 243 units sold over 1.60 lakh sq. ft. carpet area, The Guardians Real Estate…

6 days ago