Emaar to invest Rs 1,000 crore in Gurugram housing project
Real Estate

Emaar to invest Rs 1,000 crore in Gurugram housing project

Emaar India, a prominent real estate developer, has announced a major new project in Gurugram, one of the most sought-after residential locations in the National Capital Region (NCR). The company is investing approximately Rs 1,000 crore in the development of a luxury housing project named ‘Amaris.’ The project, situated on Golf Course Extension Road in Gurugram’s Sector 62, will span over 6.2 acres and is expected to feature 522 high-end apartments, with a total development potential of 15 lakh square feet.

This project, launched in response to the growing demand for premium residential properties in Gurugram, is expected to generate revenue of around Rs 2,500 crore. The development will cater to affluent buyers looking for high-quality, future-ready homes. Emaar India’s Chief Executive Officer, Kalyan Chakrabarti, stated that the project would provide a range of world-class amenities and offer a sustainable living experience, underscoring the company’s commitment to quality and environmental consciousness.

The luxury apartments will feature cutting-edge designs, green building practices, and advanced technology to create an integrated, environmentally friendly living space. The project is part of Emaar’s larger vision to enhance its portfolio in India, which includes residential and commercial spaces in Delhi-NCR, Mohali, Lucknow, Indore, and Jaipur.

Emaar India has a rich history in the Indian real estate market, having entered in 2005 and invested significantly in joint ventures. Despite challenges in the real estate sector, the company’s strong track record and commitment to quality have kept it at the forefront of the market.

Emaar India, a prominent real estate developer, has announced a major new project in Gurugram, one of the most sought-after residential locations in the National Capital Region (NCR). The company is investing approximately Rs 1,000 crore in the development of a luxury housing project named ‘Amaris.’ The project, situated on Golf Course Extension Road in Gurugram’s Sector 62, will span over 6.2 acres and is expected to feature 522 high-end apartments, with a total development potential of 15 lakh square feet. This project, launched in response to the growing demand for premium residential properties in Gurugram, is expected to generate revenue of around Rs 2,500 crore. The development will cater to affluent buyers looking for high-quality, future-ready homes. Emaar India’s Chief Executive Officer, Kalyan Chakrabarti, stated that the project would provide a range of world-class amenities and offer a sustainable living experience, underscoring the company’s commitment to quality and environmental consciousness. The luxury apartments will feature cutting-edge designs, green building practices, and advanced technology to create an integrated, environmentally friendly living space. The project is part of Emaar’s larger vision to enhance its portfolio in India, which includes residential and commercial spaces in Delhi-NCR, Mohali, Lucknow, Indore, and Jaipur. Emaar India has a rich history in the Indian real estate market, having entered in 2005 and invested significantly in joint ventures. Despite challenges in the real estate sector, the company’s strong track record and commitment to quality have kept it at the forefront of the market.

Next Story
Infrastructure Urban

We operate 100 smart buses serving 30,000 passengers daily

Aurangabad, known as the ‘City of Gates’ owing to its historical monuments and Mughal heritage, is equally renowned for its industrial development, with a nominal gross district domestic product (GDDP) of Rs.988.04 billion. As growth has progressed, there has been a focus on enhancing the standard of living, prompting key initiatives, including the award-winning Majhi Smart  Bus Initiative. G Sreekanth (IAS), CEO, Aurangabad Smart City Development Corporation Ltd (ASCDCL), discusses the city’s ongoing and upcoming developments in conversation  with NEHA YADAV.Recent news h..

Next Story
Infrastructure Energy

Sterling and Wilson Secures Rs 12 Bn Solar EPC Contract in Gujarat

Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, strengthening its foothold in India’s renewable energy sector. The engineering, procurement, and construction (EPC) contract encompasses the design, engineering, and installation of balance-of-system (BoS) components with single-point responsibility. It also includes operations and maintenance (O&M) services for three years. “We are delighted to secure this significant order, which will aid India, especially Gujarat, in its transition to clean ..

Next Story
Infrastructure Energy

NTPC Green Energy Signs MoU with Bihar Government

NTPC Green Energy (NGEL), a subsidiary of NTPC, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the Bihar Business Connect 2024 Global Investors’ Summit held on 20 December 2024 in Patna. The MoU outlines plans for substantial investments in Bihar to establish various renewable energy projects, including: Ground-mounted and floating solar installations Battery energy storage systems Green hydrogen mobility initiatives The Bihar Government will assist by facilitating necessary approvals, permissions, registrations, and cleara..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000