Pantheon Development has appointed CJ Tech Contracting as the main contractor to build a 268 residential project in Dubai’s Jumeirah Village Circle (JVC) neighbourhood.
With a development value of AED 180mn ($49mn), Pantheon Elysee is expected to be delivered in October 2020.
This is the developer’s second project following the AED 150mn Pantheon Boulevard, a 162-unit residential building also in JVC .
“We are pleased to announce that Pantheon Development is ready to hit the ground for its second project in Dubai,” said Kalpesh Kinariwala, CEO and chairman of Pantheon Group.
UAE-based Pantheon Group has offices in India, the Far East, and Latin America and it’s an annual turnover is more than AED 1.2bn ($325mn).