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

21 Nov 2024 CW Team

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.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..