UAE company bags contract from Supertech

Our Bureau Updated - December 20, 2012 at 08:33 PM.

Real estate developer Supertech has roped in the UAE-based Arabian Construction Company (ACC) to construct its tallest mixed-used tower, Supernova, at a cost of Rs 650 crore. ACC has been given the mandate to complete the project in four years.

When completed, one of the towers, Spira, will stand 300 m tall comprising 80 floors. It will include a luxury residence, two five-star hotels and Spira suites. The tower will also have a helipad, an observatory deck, an exclusive clubhouse and view of the Okhla Bird Sanctuary. It is being developed with an investment of Rs 2,700 crore.

ACC, which has constructed several iconic building such as the Emirates headquarters and Etisalat office in West Asia, said it would use the ‘jump form’ technology to construct the towers.

Supertech CMD, R.K Arora, and ACC Director, Rasheed Mikati, signed the contract. ACC India Managing Director, Ani Ray, said this was the first standalone contract for the company.

ACC is also constructing Lodha Developers’ project ‘World One’ in Mumbai, which has 117 floors with 450 m height, in partnership with Simplex Infrastructures, he added.

Published on December 20, 2012 12:17