CTBUH Global News
Dec1

Written by:host
12/1/2009 1:52 PM 

Dubai realty debacle: Indian firms say they are unaffected       

Nov 28, Dubai

In 2005, when developer Hiranandani announced the 23 Marina skyscraper project in Dubai, the emirate was the place to be in. In 2009, after nearly a year’s lull in the economy, and as his 90-storey tower reaches completion, Hiranandani has suspended plans for a second similar project though he had tied up land in the city’s prime Business Bay area for it.
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