Raheja Developers inks a joint venture with Arabtec

New Delhi : In a landmark deal, Raheja Developers, Delhi has inked a $ 204 million (about Rs 1,020 Cr) contract with Dubai-based Arabtec construction company that built the tallest tower in the world, Burj Khalifa in Dubai and also, landmark buildings like Okhta tower in Russia, Emirates Palace Hotel in Abu Dhabi and also have the credit of making the Palace of the king of Dubai.

The Raheja Revanta Project, Gurgaon, will be the first project to be constructed by them which would be one of the tallest skyscrapers in India. It is learnt that these projects in Northern India require specialised technology and manpower quality which was not up to the mark with any of the contracting companies in India. Raheja Revanta in Gurgaon will be over 56 storeys with a helipad and it will have first of its kind skybridge with an infinity pool at the 46th floor overlooking the Aravallis. The Raheja Phoenix project will have the tallest skyscraper in Delhi located at Patel Nagar,New Delhi and will comprise 54 storied tower with a skyclub and helipad. The height clearance for both the buildings has been cleared by DGCA.