The Company informed the stock exchanges about MOU between Dream City Builders with Almasarat Company Limited.
MOU signed between Dream City Builders (Garuda's WOS) and Almasarat Company Limited for a 93-storey twisting tower project in Jeddah, Saudi Arabia. The project includes a 350-room five-star hotel and a rooftop restaurant. Dream City Builders will handle full EPC scope. Project area approx. 153,451 sq. m, duration ~5 years, estimated revenue ₹1,800 crore subject to approvals.
Source: Original filing PDF
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