Construction of Integrated Township at Dasna, Ghaziabad, U.P.

UE Development India Pvt. Ltd. has entered into a Joint Venture with UEM Construction Sdn Bhd and Opus Properties Ltd to undertake and implement the business of infrastructure works, building construction and engineering activity for various prestigious projects in the construction of Integrated Township at Dasna, Ghaziabad.

JV Partners & Respective Equity Shareholdings

(i)              UEM Construction Sdn Bhd (10%)

(ii)             UE Development India Pvt. Ltd. (40%)

(iii)           Opus Properties Ltd. (50%)

 

Proposed JV Company Name

 

UEMC-Opus Contracts Pvt. Ltd.

Project

Construction, engineering, civil and infrastructure works for various projects (committed and future) for which the JV Company shall be engaged by the Employer pursuant to construction agreements to be entered into by the Employer and the JV Company.

 

Committed Project

Neo – Delhi

 

Location:     Approximately 25 Km from the Delhi border, situated in the National Capital Region (NCR), and accessible by NH-24 as well as NH-91.

 

Total Area:    500 acres (approximately).

 

Area to be      Residential – 6 million sq.ft.

Constructed:  Commercial – 10 million sq. ft.

 

Estimated

Duration:       2011-2015

 

Future Projects

Project

Location

Total Area (approximately)

Countryside Residency (self contained residential township).

Delhi-Hapur Highway, Ghaziabad, U.P.

200 acres

Entertainment & Tourist Kingdom (international amusement destination).

Delhi-Hapur Highway, Ghaziabad, U.P.

125 acres

Medicity/Wellness Capital

Delhi-Hapur Highway, Ghaziabad, U.P.

50 acres

Education City

Delhi-Hapur Highway, Ghaziabad, U.P.

25 acres

Logistics Project

Panvel, Mumbai

450 acres

Entertainment City

Mumbai-Pune Highway, Maharashtra

400 acres