Emaar India, Worldwide Resorts join for Gurugram project

According to three persons with knowledge of the process, the India division of Dubai-based real estate developer Emaar Properties has inked a joint venture deal with Worldwide Resorts & Entertainment to build a 73.60-acre land piece in Gurgaon for Rs 278 crore.This was Emaar India's third contract since December 2021, and it was signed in June 2023.Emaar India and Synergy Finhub signed a joint development agreement (JDA) in August 2022 for the development of a 17-acre land piece in exchange for a payment of Rs 345 crore. Emaar and Worldwide Resorts & Entertainment had agreed to jointly build a 119-acre land lot for Rs 375 crore in December 2021.