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.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..