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Shapoorji Pallonji launches first project in Dubai

Shapoorji Pallonji launches first project in Dubai

September 2016

Shapoorji Pallonji (SP) International Property Developers, constituting a significant segment of one of India’s oldest business conglomerates, is making an entry in the region as property developers and adding value to Dubai’s construction market, which is set to increase to Dh181 billion next year from about Dh162bn this year ahead of Expo 2020.

SP International Property Developers announced the showcase of Imperial Avenue at Cityscape Global, its first real estate project outside India.

An exclusive collection of luxury homes in Downtown Dubai, the 45-storey residential tower with 424 apartments and 5 levels of parking.

Imperial Avenue will consist of 1, 2, 3 and 4 bedroom apartments, 4 and 5 bedroom penthouses, 3 bedroom villas and 4 and 5 bedroom villas with private pools at the podium level. With modular kitchens, designer bathrooms and private decks, every apartment will be exclusive. The tower will also consist of a 10,000 sq. ft. lobby, rooftop infinity pool, fitness centre and squash courts, kids play area, private AV room and private function hall.

With a strong background in engineering and as contractors for some of the top property developers in the region, Shapoorji Pallonji has over 45 years of experience in completing and delivering quality projects in the Middle East, which includes key projects such as Rove Hotels, Mudon Villas, and more.

Rayomand Dastur, Director Sales and Marketing, at SP International Property Developers said, “We are very excited to move into the real estate sector as property developers in the region. Shapoorji Pallonji is a well-known name in India, a century and a half old company that is recognized for its trust and reliability. We want to bring these very characteristics to investors here by delivering beyond expectations and without compromising on the quality that our clients have come to expect from us.”

SP International Property Developers have long-term development plans to support the region in its vision to becoming a global investment destination, which includes new projects in countries such as UAE, Saudi Arabia and Kuwait.

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