News Muncher - searching for project

Emaar India to invest close to ₹1600 crore on a luxury housing project in Gurugram

Emaar India will invest close to ₹1600 crore in its new luxury project, Urban Ascent, in Gurugram and expects a revenue of ₹3400 crore from sales, the company has said. Emaar India has said it will invest close to ₹ 1600 crore on a luxury project in Gurugram. "We are excited to launch our first project of 2025… We are …

Project

Haryana RERA Directs Emaar India To Pay Interest To Homebuyer Of Emerald Hills Floors Project

Haryana Real Estate Regulatory Authority bench, comprising Vijay Kumar Goyal, has directed M/s Emaar India Ltd to pay interest to homebuyer from its Emerald Hills Floors Project for delayed possession. Background Facts Homebuyer purchased a flat in the builder's project named "Emerald Hills Floors" located in Sector 65, Gurugram through an assignment letter dated June 6, 2018. Observation and Direction …

Haryana Real Estate Regulatory Authority bench comprising Arun Kumar, Vijay Kumar Goyal and Ashok Sangwan held that Emaar India was right in charging Rs. 34.75 lakhs from the complainant as External Development Charges and Infrastructure Development Charges. Background Facts The complainant booked a Shop Cum Office plot in the builder's project named Emaar Business District located in Sector 114, Gurugram …

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

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

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 …

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Emaar Mgf Land Ltd., the builder to refund ₹1.30 crores with interest to homebuyer who purchased a villa in their Marbella Project. Therefore, being aggrieved by the builder's conduct, the homebuyer filed a complaint before the authority seeking a refund of the amount paid along with interest. Observation …

LG Manoj Sinha lays the foundation stone for a ₹250-crore mall in Srinagar, calls it J&K’s first FDI project

UAE’s Emaar becomes first overseas company to start a mega-mall project in Kashmir

Dubai-based Emaar, a real estate developer from the United Arab Emirates, has become the first overseas company to invest in a mega-mall spread over 10 lakh square feet in Srinagar, a first since the Centre ended Jammu and Kashmir’s special constitutional position in 2019. Describing the project as “a new dawn of limitless possibilities”, J&K Lieutenant Governor Manoj Sinha participated …

The prince is inviting Dubai’s biggest real estate developer Emaar Properties, chaired by Mohammed Alabbar, to team up with his investment firm Kingdom Holding on the project. Dubai: Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world’s largest cities, including Shanghai, Moscow, London and New York, as possible locations to build a mile-high skyscraper that would …

The Central Bureau of Investigation has told the Principal Special Court for CBI Cases here that Koneru Rajendra Prasad, the sixth-accused in the Emaar Properties land deal scam, was part of the conspiracy to cheat the government and cause financial loss to APIIC from the period even before the land was transferred to SPVs set up for executing the project. …

CBI had chargesheeted former Andhra Pradesh home secretary and senior IAS officer B P Acharya and others in the case relating to alleged irregularities in land transfer and sale of villas and apartments in the controversial Emaar Hills township project on February 1. The Special Court for CBI cases has summoned Emaar scam accused, former Andhra Pradesh home secretary and …

The Central Bureau of Investigation has said that there are no registered sale deeds for 133 out of 136 villa plots sold in the scam hit Emaar Hills township project at Nanakramguda here. More plots come up The public prosecutor of CBI Balla Ravindranath said the master plan for the township envisaged 125 plots, but the number went up to …

In a new twist to the scandal in Emaar Hills township project at Nanakramguda here, the Central Bureau of Investigation has named another senior IAS officer who is currently Executive Officer of Tirumala Tirupati Devasthanam, L.V. Sources said the CBI charged Subramanyam with shift of policies and his role in the reduction of annuity payable to APIIC for leasing out …

New Delhi: After the Delhi Development Authority bailed out real estate developer Emaar MGF Land Ltd by agreeing to purchase 333 flats at the Commonwealth Games Village for Rs700 crore, the civil contractor for the project says that it had received most of the dues that Emaar MGF owed. Ltd, the contractor, had then said it had not been receiving …