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india: Emaar India, Worldwide Resorts join hands for Gurugram project

Emaar Properties India unit has signed a joint development agreement with Worldwide Resorts & Entertainment to develop a 73.60-acre land parcel in Gurgaon for Rs 278 crore. This is the third agreement signed by Emaar India since December 2021. The agreement involves a revenue-sharing model, with the developer handling construction and sharing 30% of the revenue with Emaar. Emaar Properties is increasing its focus on India, particularly in the hospitality, residential, and shopping mall sectors. ....

United Arab Emirates , Shravan Gupta , Mohamed Alabbar , Emaar Properties , National Company Law Tribunal , Worldwide Resorts , Emaar India , Synergy Finhub ,