Pantheon Development, a subsidiary of Pantheon Group has announced CJ Tech Contracting as the main contractor for the construction of its Pantheon Elysee project in Dubai.
The development has 268 residential units as well as commercial units, the Dubai-headquartered firm said in a statement.
Pantheon Elysee, valuing AED180 million, is expected to be delivered in October 2020, before the start of the World Expo 2020 Dubai, it added.
“We are pleased to announce that Pantheon Development is ready to hit the ground for its second project in Dubai. In this regard, we have appointed CJ Tech Contracting as our main contractor for the construction of Pantheon Elysee, which is another affordable luxury project by us,” said Kalpesh Kinariwala, CEO and chairman of Pantheon Group.
Dubai’s real estate sector is a main focus for Pantheon as it aspires to launch one million square foot of construction by 2020.
The company's first project - Pantheon Boulevard at the District 13 of Jumeirah Village Circle, Dubai - will offer 162 units.
The UAE-based firm has offices in India, the Far East, and Latin America and it’s an annual turnover is more than AED1.2 billion.
CJ Tec Contracting LLC is part of CJ Group Companies and has over a decade of experience in the construction industry in the UAE and India.
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