Dubai Properties signs MoU for real estate financing with Bank of Baroda

13-May-2008

Mohamed S. Binbrek, Chief Executive, Dubai Properties, and Ashok K. Gupta, Chief Executive, GCC Operations, Bank of Baroda

Dubai Properties, Dubai's leading real estate company, has entered into a Memorandum of Understanding (MoU) with Bank of Baroda, India's international bank, to provide home finance to buyers of residential units in various projects by the realty developer across the UAE.

The Mou was signed by Mohamed S. Binbrek, Chief Executive, Dubai Properties, and Ashok K. Gupta, Chief Executive, GCC Operations, Bank of Baroda.

Dubai Properties is a member of Dubai Holding and operates with the express aim of conceiving large-scale real estate developments. The portfolio of realty projects handled by Dubai Properties is diverse and represents the highest quality of real estate in the region.

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Dubai Properties signs MoU for real estate financing with Bank of Baroda

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