Limitless, a Dubai World company, will create Bidadi Township - one of several projects it is planning for India - through a 50-50 joint venture with DLF, one of India's largest developers.
Bidadi Township is a balanced, sustainable development of homes, commercial buildings and retail units. Located 35km south-west of Bangalore, India's information technology centre, it will house around 750,000 people and attract billions of dollars of investment. It is the first of five new townships the Government is planning for the outskirts of Bangalore.
Saeed Ahmed Saeed, CEO of Limitless, said: "India is currently experiencing the biggest urban migration it has ever seen. As a result, there is a massive opportunity for us to demonstrate our core strengths of master planning, innovative developments and execution of large-scale projects.
"We are delighted to have been chosen to create Bidadi Township, and to be playing such a key role in India's urban future."
Work on Bidadi Township is expected to begin in the first half of 2008.
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Limitless brings biggest new community to India
- United Arab Emirates: Tuesday, October 02 - 2007 at 13:42
- PRESS RELEASE
Limitless, the Dubai-based international master developer, is to build India's biggest new urban community - a $12bnn, 4000 hectare mixed-use project near Bangalore.
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Media enquiries: Rebecca Rees, Limitless PR on +971 4 375 9733Limitless LLC, a Dubai World company, is an integrated global master developer across all market segments, delivering distinctive and sustainable developments. Established in July 2005 and built upon the philosophy of 'delivering distinction', Limitless has three specific areas of expertise that provide the company with a competitive advantage internationally: master planning large urban communities; waterfront development; and the implementation of large scale balanced projects. Downtown Jebel Ali is the first Limitless development for Dubai, with other global projects to come in Europe, South Asia, the Far East and elsewhere in the Gulf Region.
Limitless is sister company to Nakheel, the Dubai-based developer whose portfolio includes iconic, internationally acclaimed waterfront developments such as the The Palm Trilogy, The World and Dubai Waterfront.
Posted by Lara Lynn Golden, News EditorTuesday, October 02 - 2007 at 13:42 UAE local time (GMT+4)
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