DUBAI, 8 November 2006 — Dheeraj East Coast LLC, the joint venture between one of the India’s leading real estate developers and the East Coast Group, owned by the UAE nationals, yesterday announced that the company is now one of the largest developers in Dubai’s realty market, with 16 projects in its portfolio across various developer communities worth approximately $1 billion (AED3.6 billion). Showcasing its various upcoming projects and elaborating on the company’s rapid growth in Dubai’s realty market in a little over one year at an exclusive VIP event on Monday evening, senior officials of Dheeraj East Coast LLC said that the cumulative area under development ever since the company’s inception in July 2005 now stands at 4.5 million square feet. Dheeraj Wadhawan, director, Dheeraj East Coast LLC, said: “The joint venture, which facilitated the debut of Dheeraj Group into Dubai, its first overseas market, has now grown into one of the leading developers in Dubai. We began with residential developments, and now we have also made strong inroads into commercial office space in line with the unprecedented growth of business in the UAE, particularly Dubai.”
