SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Consortium wins Namar infrastructure project under phase one of real estate balance programme

#International News#Infrastructure#Saudi Arabia
Last Updated : 9th May, 2026
share-icon Share
font-size icon Font size
ABC Small ABCMedium ABCLarge
Save
print Print
comment Comment
Synopsis

Ladun Investment announced that a consortium it is part of has secured the Namar infrastructure project under the first phase of the Real Estate Balance Programme. The project is valued at SAR 326.7 million. The development marks a step in the broader push to improve infrastructure linked to real estate growth. The programme focuses on supporting housing and urban expansion through better infrastructure delivery. This award adds to Ladun Investment’s ongoing involvement in construction and infrastructure projects across the region.

Story Image

Representative image

Ladun Investment stated that a consortium it is involved in has been awarded the Namar infrastructure project as part of phase one of the Real Estate Balance Programme. The company informed that the total value of the project stands at SAR 326.7 million.


The announcement came in the past week through a company filing, where Ladun Investment confirmed its participation in the consortium handling the project. The Namar infrastructure project is part of a broader initiative aimed at strengthening real estate-linked infrastructure and supporting urban development.

The Real Estate Balance Programme has been introduced to address gaps in infrastructure that impact housing supply and planned developments. By improving essential services such as roads, utilities and public infrastructure, the programme is expected to support residential expansion and make projects more viable for developers.

Ladun Investment has been active in infrastructure and construction-related segments, and this award adds to its portfolio of ongoing projects. In recent years, the company has taken part in multiple government-backed initiatives focused on urban development and real estate growth.

The Namar project is expected to contribute to the overall development of the area by improving connectivity and basic infrastructure, which are key factors in supporting residential and commercial projects. Such developments are also aligned with broader efforts to enhance real estate supply and meet growing demand.

Source Reuters
Next (Channel partners drive nearly 60% of MMR home sales, says CREDAI-MCHI at first exclusive property expo)

Have something to say? Post your comment

Post Comment

Quick Links

Asset Class

Location

Other News
post_image

5th Jun, 2025

Mumbai emerges as top data centre hub in Asia-Pacific region
post_image

25th May, 2023

Reliance Industries acquires the Mandarin Oriental Hotel in New York
post_image

11th May, 2023

U.S. housing market sees significant decline in home listings amidst reluctant sellers and high mortgage rates
post_image

27th Apr, 2023

US single-family housing construction on the rise: positive signs for a struggling market