Basma Group

Arada awards first contracts for Dh8bn Masaar project in Sharjah

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Master developer Arada has awarded the first contracts for its Dh8bn, 1.77-million-square-metre Masaar project in Sharjah’s Suyoh district. US engineering consultancy Parsons was awarded a contract to design the infrastructure masterplan, mapping out the roads, water, power and drainage for the project, which will feature 4,000 villas and town houses across eight gated communities. Under […]

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Arada plans new Dh8bn project in Sharjah

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Sharjah-based real estate developer Arada plans to launch a Dh8 billion residential project that will be built in phases, its chief executive said. The new scheme will be the company’s third in the emirate, following a Dh24bn Aljada mixed-use development and a Dh1.3bn Nasma residences scheme. The third development is “a big project and it […]

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