Vasanta Group is one of the reputable property developer in Indonesia that has officially signed a joint venture agreement with both Lotte Engineering & Construction (Lotte E&C), a South Korean company established in 1959, reputable in areas of housing, architecture, civil engineering, and plant construction, with its operations expanding all over the world and Premier, a French property developer well known for developing landed property since its inception in 1998. The objective of the joint venture is to develop a project in approximately 6000 m2 of land located at Alam Sutera, Tangerang. The Signing Ceremony is held on Wednesday, 23 May 2018 at Capital Place, Jakarta.