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L&T-Eastern JV bags Rs 610 crore order

June 19, 2007

Larsen & Toubro and Eastern Contracting LLC joint venture has bagged an order worth Rs 610 crore (AED 557.5 Million) from Victory Heights Golf Residential and Development LLC, United Arab Emirates, to build a prestigious residential property in Dubai City.

Victory Heights has undertaken the development of luxury Golf residential community in Dubai Sports city. The development’s 18-hole championship golf course is designed by renowned Golfer Ernie EIs.

The project is to be completed in 660 days from the date of commencement and involves construction of Package-2 of the villa development involving 295 grandeur villas of ground + 1 configuration.

The Company and Eastern Contracting LLC – which undertakes a variety of turnkey and other construction projects in UAE – have formed a joint venture to execute this project.

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