Sharanam Infraproject Expands to UAE: A Strategic Move in Real Estate

Sharanam Infraproject, a leading supplier of building materials and steel products, has announced the establishment of a wholly-owned subsidiary in the UAE. This strategic move, involving an investment of Rs 42 crore, aims to capitalize on the lucrative real estate market in the region.

Sharanam InfraprojectUaeReal EstateLand ArbitrageExpansionReal Estate NewsJun 20, 2025

Sharanam Infraproject Expands to UAE: A Strategic Move in Real Estate
Real Estate News:Mumbai, Jun 20 (PTI) – Sharanam Infraproject, a prominent supplier of building materials and steel products, has taken a significant step by incorporating a wholly-owned subsidiary in the United Arab Emirates (UAE). This move is aimed at tapping into the dynamic real estate sector of the UAE, a region known for its robust economic growth and development.

The company plans to invest around AED 18 million (approximately Rs 42 crore) over the next nine months, which will cover working capital and deal facilitation costs. The new venture, which will focus on land arbitrage transactions, is set to acquire strategically located land parcels and resell them to larger developers or institutional buyers at modest margins.

“The establishment of our subsidiary in the UAE is a pivotal step in our strategy to enter global markets in a risk-managed manner,” said a spokesperson from Sharanam Infraproject. “This move will not only diversify our portfolio but also create incremental value for our shareholders.”

Sharanam Infraproject has been actively engaged in the retail business of supplying steel products and building materials. Earlier this year, the company raised around Rs 48 crore through a rights issue, which was primarily aimed at financing expansion plans and boosting working capital.

The UAE has been a focal point for international investors due to its stable economic environment and favorable business policies. The real estate sector in the UAE, particularly in cities like Dubai and Abu Dhabi, has seen significant growth, driven by both local and international demand.

This expansion is expected to enhance Sharanam Infraproject’s market presence and open up new opportunities for growth. The company’s focus on land arbitrage transactions aligns with its broader strategy of sustainable and profitable expansion in global markets.

With the establishment of its subsidiary, Sharanam Infraproject is well-positioned to capitalize on the opportunities presented by the UAE’s real estate market, further solidifying its position as a leading player in the industry.

Frequently Asked Questions

What is Sharanam Infraproject's main business?

Sharanam Infraproject is primarily engaged in the retail business of supplying steel products and building materials.

How much is Sharanam Infraproject investing in its UAE subsidiary?

Sharanam Infraproject plans to invest around AED 18 million (approximately Rs 42 crore) in its new subsidiary in the UAE.

What will be the focus of the new subsidiary in the UAE?

The new subsidiary will focus on land arbitrage transactions, acquiring strategically located land parcels and reselling them to larger developers or institutional buyers at modest margins.

Why is the UAE an attractive market for real estate investment?

The UAE is an attractive market for real estate investment due to its stable economic environment, favorable business policies, and significant growth in both local and international demand.

What is the broader strategy behind Sharanam Infraproject's expansion to the UAE?

The expansion to the UAE is part of Sharanam Infraproject's strategy to enter global markets in a risk-managed manner and create incremental value for shareholders.

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