Connect with us


Ansal Buildwell inks deal with VKL Holdings, Al-Namal Group


Ansal-Buildwell-MoULeading developer Ansal Buildwell Ltd has signed a Memorandum of Understanding (MoU) with Bahrain-based VKL Holdings,  Al-Namal Group, which operates in various business like real estate, infrastructure, hospitality, oil and gas, health, marine and manufacturing, according a company release here.

The MoU was signed by Gopal Ansal, chairman and managing director from Ansal Buildwell and Varghese Kurian, chairman of VKL Holdings, Al-Namal Group.

“Ansal Buildwell has delivered the best in class housing and infrastructure projects. After joining hands with VKL Holdings, we are bringing world class technology and practices in the housing sector. This MoU opens up the unexplored markets for both the companies which would help in expanding their horizon overseas,” said Gopal Ansal, CMD, Ansal Buildwell Ltd said.

However, Varghese Kurien, VKL Holdings chairman, Al-Namal Group, said, “Signing of this MoU showcase that both the companies have the same objective to deliver world class projects and bring best practices in the housing and infrastructure sector”

“This represents the only kind of MoU coming from a company deeply rooted in India and we cherish the enduring relationship between us,” he added.

This development comes close on the heels of the Mou signed between India and Bahrain by H.E. Dr. Hassan A Fakhro – Minister of Industry & Commerce, Bahrain and H.E. Anand Sharma – Federal Minister of Industry & Commerce of India.


The MoU will provide both the companies the opportunity for joint development in the housing and infrastructure sectors in both India and Bahrain.

Latest News

Events2 days ago

Danube Properties’ Dh525 million Opalz sold out on the first day of launch

October 4, 2022: Danube Properties, the UAE-based affordable housing developer, said, its latest project Opalz, a twin-tower residential project with...

Events2 days ago

Pacific Mall D21’s ‘Dussehra Celebrations’ drops the curtain with high attendance

New Delhi: Pacific Mall D21 organised a two-day Dussehra celebration and Garba Night, attracting massive turnouts. The special arrangement of...

News2 days ago

Tata Value Homes sells over 100 residential units at New Haven, Bahadurgarh at launch

Delhi/Haryana October 4, 2022: With an aim to address the growing demand for quality homes in Haryana – Bahadurgarh, Tata...

New Launches2 days ago

Welspun Corp opens steel plant in Anjar

October 3, 2022, Anjar, Gujarat: Welspun Metallics Limited, a subsidiary of Welspun Corp Limited (WCL), the flagship company of the Welspun...

Events2 days ago

Over 1500 cyclists join Hiranandani Thane Cyclothon 2022 to support ‘Rhyme for Earth’ initiative

October 2, Thane: The Hiranandani Group hosted the first Hiranandani Thane Cyclothon today from its thriving Thane township, Hiranandani Estate. Over...

New Launches2 days ago

Ashiana Housing adds over 900 senior living units with Villas and Apartments with the launch of Ashiana Advik in Bhiwadi

New Delhi, October 3, 2022: New Delhi-based real estate developer Ashiana Housing has announced the launch of Ashiana Advik in Sector 39, Bhiwadi....