Arab Today, arab today sobha city project set to start in q4
Last Updated : GMT 05:49:56
Arab Today, arab today
Arab Today, arab today

Sobha City project set to start in Q4

Arab Today, arab today

Arab Today, arab today Sobha City project set to start in Q4

Dubai - Arabstoday

Indian developer Sobha Group has bought an eight-million sqft land from the Meydan Group to develop Sobha City, and its first project will be announced in the last quarter of 2012. The Sobha Group is a multinational development and services firm owned and operated by internationally acclaimed developer PNC Menon. It will be a mixed-used development, which will be completed in eight years, Sobha Group chairman PNC Menon told a news conference in Dubai on Sunday. “We have completed and handed over our all four projects in Dubai and now we will focus on this project,” Menon told Khaleej Times. Both of the groups did not disclose the value of plot and other details of the project and said: “It’s confidential.” Regarding financing of the project, Menon said: “The debt portion will be lower as the least debt would be better.” This strategic relationship by Menon’s Sobha Group will provide a long-term commitment to development in Dubai. Incorporated in 1995 by Menon, the Sobha Group has grown under Menon’s progressive vision and has significant operations in India and throughout the Middle East including the UAE, Oman, Qatar and Bahrain. Talking about the largest sale of Meydan City offerings to-date, chairman Saeed H. Al Tayer said: “This investment and the commitment of PNC Menon is an indication of the international confidence in Dubai and its significant infrastructure.” Their commitment to quality and innovation complements the goals for Meydan City and all of Dubai, Al Tayer said. The land area, to be developed by the Sobha Group, will carry the project title of Sobha City and will be located adjacent to Meydan Godolphin Parks, one of the four sub-districts of Meydan City situated along Al Khahil Road. Menon said: “I have always believed in Dubai and even during the most trying times of the recent past, I have always believed in the future of Dubai. Dubai is one of the greatest international cities of the world.” The quality of infrastructure created here is second to none, the added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sobha city project set to start in q4 Arab Today, arab today sobha city project set to start in q4

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sobha city project set to start in q4 Arab Today, arab today sobha city project set to start in q4

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday