Adani Realty in talks to takeover Emaar India to boost realty biz
7 hours, 55 minutes ago

Adani Realty in talks to takeover Emaar India to boost realty biz

Live Mint  

Mumbai: Adani Group is in advanced talks with Dubai-based developer Emaar Group to acquire a majority stake in its Indian business for ₹4,000-5,000 crore, two people aware of the matter said. In 2016, Emaar's Indian joint venture Emaar MGF Land Ltd split into two entities, with Emaar India Ltd and MGF Developments Ltd holding 60.11% and 39.89% stakes in their existing properties. Bid for Jaypee Group Adani Realty, which operates predominantly in Mumbai and western India, is keen on expanding its footprint in the country's prime northern regions. On 30 August, the Enforcement Directorate had provisionally attached immovable properties spanning 401 acres and worth ₹834.03 crore belonging to Emaar India Ltd and MGF Developments Ltd.

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Emaar India to invest ₹1,000 cr on new housing project in Gurugram; eyes ₹2,500 cr revenue
1 month, 3 weeks ago

Emaar India to invest ₹1,000 cr on new housing project in Gurugram; eyes ₹2,500 cr revenue

Live Mint  

New Delhi, Nov 20 Realty firm Emaar India will invest around ₹1,000 crore to construct a new luxury housing project in Gurugram amid strong demand for premium residential properties. Asked about project cost, Chakrabarti said it will be around ₹1,000 crore excluding land cost. "This project stands as a testament to Emaar's unwavering commitment to providing high-quality living spaces that …

Emaar India's Luxury Villa Project Unveils in Alibag
2 months, 3 weeks ago

Emaar India's Luxury Villa Project Unveils in Alibag

The Hindu  

Emaar India enters the Mumbai Metropolitan Region (MMR) market with its first ultra-luxury villa project The Casa Venero in Alibag. The project is targeted at industrialists, doctors, lawyers, diamond merchants, entrepreneurs and high networth individuals (HNIs) of Mumbai and will offer 84 exclusive ultra-luxurious villas on a 25-acre plot. Construction is expected to start within 30 days and the project …

Adani Realty wins bid to redevelop 24-acre plot at Bandra Reclamation
10 months, 4 weeks ago

Adani Realty wins bid to redevelop 24-acre plot at Bandra Reclamation

Hindustan Times  

Adani Realty, the real estate arm of Adani Group, has beat Larsen & Toubro to emerge as the highest bidder for the redevelopment of a 24-acre plot at Bandra Reclamation, located close to the Bandra-Worli Sea Link. Mumbai, India - Feb. 16, 2024: Adani group has won the bid for 24 acre Bandra reclamation plot in Mumbai, India, on Friday, …

Emaar Properties bullish on Indian realty sector; eyes to develop joint venture projects, new markets
5 years, 2 months ago

Emaar Properties bullish on Indian realty sector; eyes to develop joint venture projects, new markets

Firstpost  

In 2005, Emaar Properties entered the Indian real estate market in partnership with MGF group and invested Rs 8,500 crore through joint venture Emaar MGF Land Ltd. New Delhi: Bullish on Indian realty market, Dubai-based Emaar Properties on Wednesday said it will continue to invest in the country’s real estate space by developing its land bank and acquiring projects through …

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