Dubai continues driving Real Estate Investments
The company’s AED180 million project is expected to be completed by October 2020
Pantheon Development, a subsidiary of Pantheon Group, on Thursday, announced CJ Tech Contracting (L.L.C) as the main contractor for the construction of its Pantheon Elysee project in Dubai. The future development has 268 residential units as well as commercial units.
Pantheon Elysee, valuing Dh180 million, is expected to be delivered in October 2020, before the start of the World Expo 2020 Dubai. The project located in Jumeirah Village Circle and it is a 10-minute drive away from the mega expo site.
“We are pleased to announce that Pantheon Development is ready to hit the ground for its second project in Dubai. In this regard, we have appointed CJ Tech Contracting (L.L.C) as our main contractor for the construction of Pantheon Elysee, which is another affordable luxury project by us. CJ Tech Contracting (L.L.C) is a well-known name in the real estate sector in the UAE, and we hope the company completes the project on time with utmost expertise and quality construction,” said Mr Kalpesh Kinariwala, CEO and Chairman of Pantheon Group.
With his vision to fill the gap in the affordable luxury segment in Dubai’s realty market, Mr Kinariwala launched the first project – Pantheon Boulevard at the District 13 of Jumeirah Village Circle, Dubai. The 162-unit residential project was valued AED150 million.
The UAE-based well-diversified Pantheon Group has offices in India, the Far East, and Latin America and it’s an annual turnover is more than Dh1.2 billion, or US$325 million. The Group’s Pantheon Development is a rising star in the affordable luxury segment of the Dubai real estate market.
CJ Tec Contracting LLC is part of C.J Group Companies, comprising of Ciji Building Metallic Industries LLC, Ardour Technical International LLC, & Ciji Building Metallic Construction Pvt. Ltd. has over a decade of experience in construction industry in U.A.E and India. Offering complete solutions for building & infrastructural projects with exceptional quality.