Real estate major Emaar India, in view of the fact that demand in the country for ready-to-move-in properties is on the rise, decided to launch six projects with 1,600 units entailing an investment of Rs.1,200 crore in Gurugram in the current fiscal. Emaar India, part of Dubai-based Emaar Properties, has been focusing on execution of ongoing projects after it decided in April last year, to end joint venture with MGF, Emaar India CEO, Sanjay Malhotra said that the company will launch five housing projects and one commercial project in Gurugram. He added that the company has got occupancy certificates for 2,600 units in last 15 months and has applied for another 3,000 units. Emaar India is targeting to deliver 11,000 units by 2018 -19 fiscal and has ramped up workforce at sites to around 16,000 laborers to complete existing projects.
📅Published on:
13 October 2017
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