04.04.2013 - UAE developer to launch $1-bln property project in India
Dubai-based private developer DAMAC Properties has said it is launching phase two of a USD 1 billion project of luxury hotel and serviced residences to Indian investors, following a sell-out event in Dubai. 'DAMAC Towers by Paramount', is being developed on platinum real estate in Dubai overlooking the world's tallest tower Burj Khalifa. It comprises a 540 key Paramount Hotel & Residences and more than 1,000 units of DAMAC Maison - Paramount (Hollywood movie production company) co-branded serviced hotel residences..............................................Full Article: Source
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