Sharanam Infraproject seals project worth AED 30 billion

Sharanam Infraproject & Trading Ltd has entered into a partnership with Abu Dhabi-based Bloom Infra LLC. This project, set to kick off shortly, is valued at an AED 30 Billion i.e. Rs. 68,161,01,73,300 which points to a major economic boost and a significant leap in cross-border real estate investments.

The project is related to developments in Khalifa City B (Shakhbout City), a rapidly growing sector in the UAE. 

Under the terms of the agreement, Sharanam Infraproject will oversee the trading of land over a sprawling 200 acres earmarked for advanced development, highlighting the considerable scale and potential of the venture. The projects involved are 

Sharanam Infraproject is expected to earn a trading fee that ranges from 0.75 per cent to 1.25 per cent on each transaction. This fee structure promises to substantially increase the company's revenue streams, enhancing shareholder value in a robust financial market.