Emaar India To Invest Rs 16 Billion In Gurugram Project
Real Estate

Emaar India To Invest Rs 16 Billion In Gurugram Project

Emaar India, the Indian arm of Dubai-based Emaar Properties, plans to invest Rs 16 billion to develop a luxury residential project in Gurugram comprising around 1,000 apartments, the company said in a statement.

The project, Serenity Hills, spans 26 acres in Sector 86 of New Gurugram and is being launched in phases, with the current phase including seven towers. The first phase will offer 3BHK and 4BHK units, the majority being 3BHKs. The 4BHK units will have a carpet area of 1,576 sq ft with 430 sq ft balconies and parking for three cars. Larger 3BHK units will offer 1,219 sq ft of carpet space with 318 sq ft balconies, while the smaller 3BHK units will feature 948 sq ft of carpet area and 235 sq ft balconies.

Kalyan Chakrabarti, CEO of Emaar India, said Serenity Hills is designed as a “tranquil oasis” offering a refined lifestyle with sustainable architecture and premium amenities. He said apartment prices will range from Rs 30 million to Rs 57 million per unit, with delivery expected in five years.

Amenities will extend across more than 100,000 sq ft, including a 65,000 sq ft clubhouse equipped for leisure, wellness and entertainment.

Developed in partnership with the landowner, the project has received IGBC Platinum pre-certification for sustainable design and construction. Located in Sector 86, Serenity Hills offers connectivity to Southern Peripheral Road, Dwarka Expressway and NH-48.

Earlier in January, Emaar India announced a Rs 16 billion investment in its luxury project Urban Ascent in Gurugram, expecting sales revenue of Rs 34 billion. Spread over 9.164 acres in Sector 112 along the Dwarka Expressway, Urban Ascent will offer nearly 800 apartments. In November last year, the company launched its ‘Amaris’ project in Sector 62 on Golf Course Extension Road, with an investment of Rs 10 billion, excluding land cost. The 6.2-acre development includes 522 apartments with a 1.5 million sq ft development potential.

Emaar India’s portfolio spans residential and commercial developments across Delhi-NCR, Mohali, Lucknow, Indore and Jaipur.

Emaar India, the Indian arm of Dubai-based Emaar Properties, plans to invest Rs 16 billion to develop a luxury residential project in Gurugram comprising around 1,000 apartments, the company said in a statement. The project, Serenity Hills, spans 26 acres in Sector 86 of New Gurugram and is being launched in phases, with the current phase including seven towers. The first phase will offer 3BHK and 4BHK units, the majority being 3BHKs. The 4BHK units will have a carpet area of 1,576 sq ft with 430 sq ft balconies and parking for three cars. Larger 3BHK units will offer 1,219 sq ft of carpet space with 318 sq ft balconies, while the smaller 3BHK units will feature 948 sq ft of carpet area and 235 sq ft balconies. Kalyan Chakrabarti, CEO of Emaar India, said Serenity Hills is designed as a “tranquil oasis” offering a refined lifestyle with sustainable architecture and premium amenities. He said apartment prices will range from Rs 30 million to Rs 57 million per unit, with delivery expected in five years. Amenities will extend across more than 100,000 sq ft, including a 65,000 sq ft clubhouse equipped for leisure, wellness and entertainment. Developed in partnership with the landowner, the project has received IGBC Platinum pre-certification for sustainable design and construction. Located in Sector 86, Serenity Hills offers connectivity to Southern Peripheral Road, Dwarka Expressway and NH-48. Earlier in January, Emaar India announced a Rs 16 billion investment in its luxury project Urban Ascent in Gurugram, expecting sales revenue of Rs 34 billion. Spread over 9.164 acres in Sector 112 along the Dwarka Expressway, Urban Ascent will offer nearly 800 apartments. In November last year, the company launched its ‘Amaris’ project in Sector 62 on Golf Course Extension Road, with an investment of Rs 10 billion, excluding land cost. The 6.2-acre development includes 522 apartments with a 1.5 million sq ft development potential. Emaar India’s portfolio spans residential and commercial developments across Delhi-NCR, Mohali, Lucknow, Indore and Jaipur.

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App