Latest news with #VivekAnandOberoi
Time of India
3 days ago
- Business
- Time of India
BNW Developments targets Rs 20,000 crore worth of projects by next year
UAE-based BNW Developments, spearheaded by Ankur Aggarwal and Vivek Anand Oberoi, is set to launch projects worth Rs 20,000 crore next year, building on their existing Rs 10,000 crore portfolio. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads UAE-based BNW Developments , a company promoted by Ankur Aggarwal and Vivek Anand Oberoi , plans to launch projects worth Rs 20,000 crore next company has already launched projects worth Rs 10,000 crore and has 30 projects in its plans to add 10–15 more projects by next year.'We are acquiring ready-to-move-in buildings in Dubai and selling them again after refurbishing. There is a demand-supply gap, and we feel these projects are important for the region,' said Ankur Aggarwal, chairman and founder of BNW company has recently entered into a collaboration with FashionTV to launch a branded residential development on Al Marjan Island in Ras Al Khaimah—an area currently undergoing rapid development and positioning itself as a hub for tourism, investment, and luxury real estate within the million visitors are expected to visit Ras Al Khaimah every year by 2027, and the company is focused on branded residences to bridge the gap in demand and supply there.'Al Marjan Island, and Ras Al Khaimah as a whole, are no longer peripheral players. With strategic infrastructure investments, global hospitality interest, and visionary governance, this region is fast becoming a nucleus for new-world urbanism,' Aggarwal Indian Hotels Company (IHCL), in collaboration with UAE-based luxury real estate firm BNW Developments, had launched Taj Wellington Mews on Al Marjan Island in Ras Al development offers a total of 342 ultra-luxury units, comprising 185 studio apartments, 117 one-bedroom apartments, 26 two-bedroom apartments, eight three-bedroom apartments, and six retail global names like Wynn Resorts making their debut on Al Marjan Island, the area has seen a significant rise in demand, with projected rental yields reaching upwards of 8–14%, making it a lucrative choice for discerning investors.
Gulf Today
06-07-2025
- Business
- Gulf Today
BNW Developments and Masah Group sign AED 1 billion deal to launch flagship ‘Aqua Arc' in Ras Al Khaimah
In a strategic move poised to elevate the luxury real estate landscape of Ras Al Khaimah, BNW Developments has signed a landmark construction partnership valued at AED 1 billion with Masah Group. The agreement appoints MAN Construction, a subsidiary of Masah, as the principal contractor for Aqua Arc, BNW's ultra-luxury waterfront development on Al Marjan Island. This milestone unites two industry leaders—BNW, one of the region's fastest-growing private developers with a project pipeline exceeding AED 22 billion, and Masah, a GCC-recognized Tier 1 contracting firm renowned for its turnkey capabilities and engineering expertise. The signing ceremony welcomed key stakeholders from both companies. Representing Masah Group were Mr. Mohammed Abdul Nayeem (Chairman, Masah Holdings & MAN Construction), Mr. Mohammed Alhabib (Vice Chairman), Mr. Althaf Kazi (CEO & Managing Partner, MAN Specialized Contracting), Mr. Mirza Naseem Beg (CEO, Alpha Metals), and Mr. Mohammed Misbah (Advisor to the Chairman). From BNW Developments, Mr. Ankur Aggarwal (Chairman & Founder) and Mr. Vivek Anand Oberoi (Managing Director & Co-Founder) were present to mark the alliance. 'Partnering with BNW for Aqua Arc is a proud milestone for Masah,' said Mr. Nayeem. 'This reflects a shared vision to build iconic communities that represent both regional identity and global excellence.' Aqua Arc: Precision Meets Elegance Poised to become a landmark on Al Marjan Island, Aqua Arc combines contemporary architecture with panoramic sea views and sustainable design. With a focus on detail, execution, and elegance, the project aims to redefine coastal luxury living. 'At BNW, design ambition must be matched by delivery,' said Ankur Aggarwal. 'Masah's engineering depth and commitment to timelines make them an ideal partner.' 'Masah are not just builders—they're masters of scale and structure,' added Vivek Anand Oberoi. 'Their ethos perfectly aligns with ours: excellence, transparency, and long-term value creation.' Expanding Beyond Borders This collaboration marks a pivotal moment in BNW's regional growth, with plans to expand into Saudi Arabia in 2026. With a shared commitment to innovation and sustainability, BNW and Masah are set to deliver projects that reflect ambition, quality, and regional pride.
Zawya
02-07-2025
- Business
- Zawya
BNW partners with Masah for key Ras Al Khaimah waterfront project
UAE-based BNW Developments has announced that it has officially signed up MAN Construction (a subsidiary of Middle East's tier‑1 contracting company Masah) as the principal partner for its iconic waterfront project - Aqua Arc - in Ras Al Khaimah. Aqua Arc, nestled on the pristine coast of Al Marjan Island, is among BNW's most anticipated ventures, an architectural ode to elegance, functionality, and sea-facing serenity. With MAN onboard, the execution enters a new realm of confidence and capability, said the developer . With this AED1 billion ($272.2 million) deal, Aqua Arc marks the beginning of what promises to be a long‑term collaboration between the two powerhouse firms, with more landmark projects already in the pipeline, it stated. "Partnering with BNW Developments for Aqua Arc is a proud milestone for Masah. We see this as a symbol of a shared vision to create landmark communities that reflect global standards and regional character. Aqua Arc, with its distinct architecture and scale, is exactly the kind of challenge Masah was built for," remarked Mohammed Abdul Nayeem, the Chairman of Masah holdings and MAN constructions, at the signing ceremony. Senior officials of BNW Developments including its Chairman & Founder Ankur Aggarwal and Managing Director & Co-founder Vivek Anand Oberoi, who have each played a pivotal role in bringing this illustrious partnership to fruition, took part. It was also attended by executives of Masah and its subsidiaries including Sheikh Mohammed Bin Sulaiman Alhabib (Vice Chairman, Masah Construction & Alpha Metals), Althaf Kazi (CEO & Managing Partner, MAN Specialized Contracting, UAE), Mirza Naseem Beg (CEO & Managing Partner, Alpha Metals, KSA & UAE), and Mohammed Misbah (Advisor to the Chairman). A major player in the regional construction sector, Masah has delivered some of the GCC's most ambitious constructions - from Ajdan Rise to major healthcare assets like Sulaiman Al Habib Hospitals and Almoosa Specialist Hospitals. Their excellence extends to award-winning marine and aviation infrastructure, including the Red Sea Global Terminal at the Red Sea International Airport, said the developer. "At BNW, we've always believed that design vision means little without executional brilliance. The appointment of Masah is a critical step in our mission to deliver not just residences, but reference points in global luxury living. Masah's track record in constructing technically demanding projects, their commitment to timelines, and their engineering depth made them a natural fit," stated Aggarwal. "Aqua Arc is a signature BNW development, it demands nothing short of mastery, and with Masah, we're confident that's exactly what we'll achieve," he added. Oberoi said: "Masah isn't just a contractor, they're craftsmen of scale. What sets them apart is their consistency in delivering landmark projects that marry innovation with precision. Aqua Arc is an example of BNW's unwavering intent to reshape Ras Al Khaimah's skyline with substance and soul." "For us, every partnership is about shared values. Masah's professionalism, structural command, and transparent process align seamlessly with our own ethos of trust, ambition, and long-term value creation," he stated. "Beyond the immediate commencement of Aqua Arc, this partnership strengthens BNW's operational depth, governance alignment, and cross-border reliability, key enablers for sustainable expansion into new markets," remarked Oberoi, hinting at the brand's imminent expansion into Saudi Arabia next year. Once completed, it is set to redefine ultra‑luxury living in the northern emirate, he added. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Khaleej Times
13-03-2025
- Business
- Khaleej Times
Taj debuts its iconic Wellington Mews brand in the UAE in partnership with BNW Developments
The recent alliance stands as a defining moment in the evolution of ultra-luxury living In a landmark collaboration that will redefine the landscape of ultra-luxury living in the UAE, BNW Developments has joined forces with Taj, the iconic brand synonymous with unparalleled Indian hospitality, under the aegis of The Indian Hotels Company Limited (IHCL). This partnership, marked by a formal signing ceremony on March 10 at the prestigious Taj Dubai, signifies Taj's first foray in the UAE into branded residences under the Wellington. Mews brand, bringing its renowned legacy of luxury hospitality to the flourishing Al Marjan Island, Ras Al Khaimah. By partnering with BNW Developments, known for its unwavering commitment to architectural magnificence and luxury, Taj will deliver an unparalleled 5-star living experience to residents in Ras Al Khaimah for the first time. Investors can now expect to enjoy the quintessential Taj experience that defines the concept of Tajness, complete with world-class amenities and the impeccable service that has made Taj a global leader in luxury hospitality. Building upon the success of projects like the Taj Wellington Mews in Mumbai and Chennai, Taj will now bring its expertise to Al Marjan Island, Ras Al Khaimah for the very first time in collaboration with BNW Developments, the ultra-luxury real estate developers in the UAE. Taj also confirmed that this launch is only the start - much more awaits, with new project announcements on the horizon, as they partner with BNW Developments to reshape the very definition of hospitality and luxury. After BNW's multiple successful launches in Al Marjan Island, this partnership further sets the stage for BNW's upcoming collection of ultra-luxury projects in Dubai and Ras Al Khaimah, establishing its position at the pinnacle of high-end real estate development in the UAE. Gracing this historic occasion were the luminaries who played a pivotal role in bringing this vision to life - Arch. Abdulla Al Abdouli, CEO, Marjan, Puneet Chhatwal, managing director and CEO, IHCL, Ankur Aggarwal, chairman and founder, BNW Developments; Dr Vivek Anand Oberoi, managing director and co-founder, BNW Developments; and Shubhkumar Patel, managing partner, SAAR x BNW Developers. Reflecting on this transformative alliance, Ankur Aggarwal remarked, "At BNW Developments, our mission has always been to transcend conventional paradigms of luxury and create immersive residential experiences that stand the test of time. This esteemed alliance with Taj is not merely a partnership; it is a grand convergence of heritage and masterful craftsmanship, a union befitting those who seek nothing less than excellence." Echoing this sentiment, Dr Vivek Anand Oberoi stated, "Ras Al Khaimah is the epicenter of avant-garde luxury, and with this partnership, we reinforced our commitment to crafting spaces that embody timeless refinement. Taj's unparalleled hospitality ethos perfectly complemented BNW's architectural brilliance, setting a new benchmark for opulent living." Adding to this narrative, Chhatwal commented, "IHCL has long been synonymous with excellence in hospitality, and our collaboration with BNW Developments marked an exhilarating step towards crafting luxury experiences in one of the world's most dynamic landscapes - the UAE. This partnership is a confluence of legacy and innovation, designed to cater to the most discerning global connoisseurs and investors." Echoing this sentiment, Al Abdouli added: "BNW Developments has played a transformative role in shaping Ras Al Khaimah's real estate landscape, leading the largest private development in the emirate's history. Their passion, creativity, and vision have not only elevated the skyline but also reinforced RAK's position as a thriving investment and tourism hub. At Marjan, we remain committed to supporting BNW in this remarkable journey, ensuring that, together, we continue to drive the emirate's evolution as a premier global destination. I would also like to extend my gratitude to Taj, the legacy hospitality brand by IHCL, for supporting our vision and passion in transforming RAK's skyline alongside BNW."
Zawya
12-03-2025
- Business
- Zawya
Taj debuts its iconic Wellington Mews brand in the UAE in partnership with BNW Developments
Dubai, UAE – In a landmark collaboration that will redefine the landscape of ultra-luxury living in the UAE, BNW Developments has joined forces with Taj, the iconic brand synonymous with unparalleled Indian hospitality, under the aegis of The Indian Hotels Company Limited (IHCL). This partnership, marked by a formal signing ceremony on March 10th at the prestigious Taj Dubai, signifies Taj's first foray in the UAE into branded residences under the Wellington Mews brand, bringing its renowned legacy of luxury hospitality to the flourishing Al Marjan Island, Ras Al Khaimah. By partnering with BNW Developments, known for its unwavering commitment to architectural magnificence and luxury, Taj will deliver an unparalleled 5-star living experience to residents in Ras Al Khaimah for the first time. Investors can now expect to enjoy the quintessential Taj experience that defines the concept of Tajness, complete with world-class amenities and the impeccable service that has made Taj a global leader in luxury hospitality. Building upon the success of projects like the Taj Wellington Mews in Mumbai and Chennai, Taj will now bring its expertise to Al Marjan Island, Ras Al Khaimah for the very first time in collaboration with BNW Developments, the ultra-luxury real estate developers in the UAE. Taj also confirmed that this launch is only the start—much more awaits, with new project announcements on the horizon, as they partner with BNW Developments to reshape the very definition of hospitality and luxury. After BNW's multiple successful launches in Al Marjan Island, this partnership further sets the stage for BNW's upcoming collection of ultra-luxury projects in Dubai and Ras Al Khaimah, establishing its position at the pinnacle of high-end real estate development in the UAE. Gracing this historic occasion were the luminaries who played a pivotal role in bringing this vision to life— Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL, Mr. Ankur Aggarwal, Chairman & Founder, BNW Developments; Dr. Vivek Anand Oberoi, Managing Director & Co-founder, BNW Developments; and Mr. Shubhkumar Patel, Managing Partner, SAAR x BNW Developers. Reflecting on this transformative alliance, Mr. Ankur Aggarwal remarked, "At BNW Developments, our mission has always been to transcend conventional paradigms of luxury and create immersive residential experiences that stand the test of time. This esteemed alliance with Taj is not merely a partnership; it is a grand convergence of heritage and masterful craftsmanship, a union befitting those who seek nothing less than excellence." Echoing this sentiment, Dr Vivek Anand Oberoi stated, "Ras Al Khaimah is the epicenter of avant-garde luxury, and with this partnership, we reinforced our commitment to crafting spaces that embody timeless refinement. Taj's unparalleled hospitality ethos perfectly complemented BNW's architectural brilliance, setting a new benchmark for opulent living." Adding to this narrative, Mr. Puneet Chhatwal commented, "IHCL has long been synonymous with excellence in hospitality, and our collaboration with BNW Developments marked an exhilarating step towards crafting luxury experiences in one of the world's most dynamic landscapes—the UAE. This partnership is a confluence of legacy and innovation, designed to cater to the most discerning global connoisseurs and investors." Echoing this sentiment, Arch Abdulla Al Abdouli, Chief Executive Officer of Marjan, added, 'BNW Developments has played a transformative role in shaping Ras Al Khaimah's real estate landscape, leading the largest private development in the emirate's history. Their passion, creativity, and vision have not only elevated the skyline but also reinforced RAK's position as a thriving investment and tourism hub. At Marjan, we remain committed to supporting BNW in this remarkable journey, ensuring that, together, we continue to drive the emirate's evolution as a premier global destination. I would also like to extend my gratitude to Taj, the legacy hospitality brand by IHCL, for supporting our vision and passion in transforming RAK's skyline alongside BNW. This alliance stood as a defining moment in the evolution of ultra-luxury living, solidifying BNW Developments' foray into hospitality with its esteemed partner, Taj, expected to launch soon after Ramadan, which will be the first of many to come. -Ends- About BNW Developments BNW Developments is a premier real estate company specializing in luxury projects across the UAE. Renowned for its innovative designs and exceptional quality, the company continues to set benchmarks in the industry with visionary leadership and groundbreaking initiatives. Website: About Sandstone Media Sandstone Media is a forward-thinking PR, media solutions, and communications agency based in the UAE that is committed to excellence and offers a spectrum of integrated services, including strategic communications, media solutions, and digital innovation. Sandstone Media focuses on the transformative power of storytelling and dedicates its expert team to crafting narratives that resonate and captivate audiences. 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