Emaar Mgf

Emaar India

Emaar India is a real estate developer principally engaged in promotion, construction, development

and sale of integrated townships, residential and commercial multi storied buildings, houses, flats,

shopping malls, hotels, and other developments. The company develops residential and commercial

projects in different parts of India, including Gurugram, Delhi/NCR, Mohali, Lucknow, Chennai and

other Indian cities.

Emaar India started its operations in 2005 and has been known for bringing in the largest foreign

direct investment in the construction-development sector of India. The Company is promoted by

Emaar Properties PJSC, Dubai (Emaar”). Being a subsidiary of Emaar, the company is also controlled

and managed by Emaar in India.

Emaar is a public company established in 1997 under the laws of Dubai, UAE and is listed on the

Dubai Financial Market. Emaar has developed master-planned communities internationally and is

present in several key global markets like the Middle East, Africa, Asia, Europe, USA.

Emaar’s flagship development Downtown Dubai hosts iconic properties like the Burj Khalifa, The

Dubai Mall and The Dubai Fountain. It has also developed residential projects like Arabian Ranches,

Emirates Living, and Dubai Marina.

On April 11, 2016, Emaar India terminated its joint venture with MGF Developments. Following this,

Emaar MGF Land Ltd filed the demerger scheme in Delhi High Court on May 16, 2016. Emaar India

communicated to its customers about initiating the process of demerger of the Company. To assure

its customers about completion of ongoing projects, it also shared the target Completion schedules

for all projects with achievement of specific milestones and uploaded the same on its website