In a regulatory filing, the company said it is set to enter two of Mumbai s most exclusive and sought-after locations Nepean Sea Road in South Mumbai and Bullock Road, Bandstand in Bandra (West).
Emaar India, part of Dubai-based Emaar Properties, plans to invest Rs 900 crore over four years to develop luxury housing projects in Gurugram. The company has already sold 424 luxury homes in its group housing project Urban Oasis in Gurugram. The demand for luxury homes in major cities, including Gurugram, is strong from both end users and investors.
2023 marks a historic surge in India s ultra-luxury real estate, with a 247% increase in sales value and 58 opulent properties sold across the top-7 cities, as per ANAROCK Research, , luxury housing, luxury housing projects
Buoyed by sales of Rs 8,000 crore worth of flats within three days in February in its new project The Arbour at Gurugram, Tyagi said the company has set a target to achieve sales bookings of Rs 13,000 crore in this fiscal year and hopes to exceed the number.