Emaar India to deliver 11,000 flats by 2018 in Haryana

Gurgaon-based real estate developer Emaar India will be continuing with its focus on Haryana post its demerger with erstwhile partner MGF Developments Ltd. The company is committed to deliver 11,000 units by 2018 in the state.

Post the initiation of demerger process, the Indian arm of Dubai-based Emaar Properties has expedited construction on its 44 ongoing projects in Haryana and will deliver 11,000 flats in next 16-17 months beginning with over 3,000 units in the year 2017 itself.

Emaar India’s endeavor is to bring the true Emaar lifestyle and the international gold standard of construction, which the globally renowned brand Emaar is associated with, to its Indian projects. The Company has expedited project execution to deliver the units as per its renewed commitment, if not earlier. This expedited delivery would transform to new abodes for 44,000 people taking into consideration four members a unit.

Prior to the initiation of demerger, Emaar Properties held around 49% stake in Delhi-based Emaar MGF Land, a JV formed in 2005 with the Guptas of MGF Developments, who owned the remaining stake.

Before the announcement of demerger, which is now going through regulatory and legal clearances and expected to close in the near future, the projects had been languishing. However, the new management under the stewardship of Emaar Properties has given priority to the speedy delivery of these projects to serve the customers in the best possible manner and to their utmost satisfaction.

Towards this, the parent company has extended a bank guarantee to Emaar India to ensure that finances are not a constraint and the Indian arm, which has a debt of just about Rs. 4000 crore, has raised about Rs. 2,500 crore through borrowing.

Moreover, the company has increased their staff work force by as much as 50 per cent in several projects and raised the number of labourers on project site to over 15,000, which is about 20 times more than that employed at the time of initiation of demerger process in June 2016, for completion within the renewed commitment, which otherwise could have spilled by another year or two.

Besides, the company has increased its vendors’ network to guarantee smooth flow of material and goods to match the higher speed of construction. In Gurgaon alone, it is working on more than 40 projects and will deliver about 11,000 units by end of 2018.

Most of Emaar India’s projects are in Golf Course Extension Road area, and in new Gurgaon region around Dwarka Expressway and National Highway 8. Also, the company has its footprint in Jaipur, Lucknow, Mohalli and Chennai. The 11,000 units are spread across 44 projects including Emerald Hills, Emerald Estates, Palm Hills, Palm Gardens, Marbella, Palm Drive, Gurgaon Greens, Imperial Gardens, etc.

As a build-up to the deliveries, the Indian arm of the global developer, known for creating architectural wonders like Burj Khalifa, has come up with a new brand campaign “The True Emaar Lifestyle” to reach out to millennials and young professional across the society through new-age and social media.

View Emaar Gurgaon Projects at – https://goo.gl/fL6uqi

For Any Query about Gurgaon Property please Fill your detail We will be in touch with you

Emaar India gets Occupancy for IT Park Project Digital Greens

Emaar India, the iconic brand and leading global property developer, has received the Occupancy Certificate for its LEED-certified Integrated IT Park Complex Digital Greens, located in Sector 61, Gurgaon. The project is located on the highly anticipated Southern Peripheral road with easy connectivity to the international airport, Faridabad, Delhi and Manesar regions.

Digital Greens is spread across a sprawling 6.8 acres with a total built-up area of 1.25 million sq ft approximately. The eco-friendly complex has been designed by Singapore-based architect firm HOK with cutting edge technology, state-of-the-art infrastructure and facilities. The executive architect for the IT Park project is US-based Studio U+A Norr

Digital Greens, Digital Greens Commercial Gurgaon, Emaar Mgf Digital Greens Sector 61 Gurgaon , Digital Green Emaar Mgf, Digital Green Gurgaon, Digital Green Sector 61 Gurgaon, Digital Greens Gurgaon Price, Digital Greens Office Space
Digital Greens, Digital Greens Commercial Gurgaon, Emaar Mgf Digital Greens Sector 61 Gurgaon , Digital Green Emaar Mgf, Digital Green Gurgaon, Digital Green Sector 61 Gurgaon, Digital Greens Gurgaon Price, Digital Greens Office Space

According to Mr Sanjay Malhotra, CEO, Emaar India, “We are happy to receive yet another Occupancy Certificate for our Projects and shall offer handover to our patrons shortly. This would be our fourth delivery in as many months. The realty market across the country is undergoing testing times, and achievement of these remarkable objectives is a testimony to our renewed efforts to fast track completion and handover of all ongoing projects to our customers”.

Prior to this, Emaar India has recently delivered The Palm Drive (2nd Phase) and Emerald Hills in Gurugram, as well as The Avenues and Grace at Esplanade in Chennai.

Emaar India has been incorporating green building guidelines in the design and construction of its projects. Digital Greens is a highly energy and resource-efficient LEED-certified green building that would considerably reduce the carbon footprint of the project as well as its users.

Digital Greens, Digital Greens Commercial Gurgaon, Emaar Mgf Digital Greens Sector 61 Gurgaon , Digital Green Emaar Mgf
Digital Greens, Digital Greens Commercial Gurgaon, Emaar Mgf Digital Greens Sector 61 Gurgaon , Digital Green Emaar Mgf

The environmental-friendly project has features like contemporary style, use of environmentally sensitive construction material, high-quality finish and technologically advanced infrastructure to offer an ideal work-life experience and healthy environment. Moreover, the project has integrated building management system, high speed elevators with Destination Control system and Automatic Rescue Device (ARD) system, centralised air-conditioning with high-efficiency chillers, double-glazed units for energy efficiency, noise and heat insulation, and efficient glass-to-glass distance for maximum natural light. Other features include power back-up, state-of-the-art life safety and security system, adequate parking spaces at ground and basement levels

About Emaar MGF Land Limited

Emaar MGF is a joint venture between Emaar Properties PJSC, Dubai and MGF Developments Ltd. The Company has been instrumental in bringing one of the largest FDI in the Indian real estate sector. Headquartered in New Delhi, the Company started operations in India in mid-2005 and is engaged in Residential, Commercial, Retail and Hospitality projects across India.  The Company is driven by its mission to develop and deliver unique integrated lifestyle and work place environments and planned developments and to be recognized as a responsible corporate citizen and an employer of choice. Emaar MGF is constructing master planned developments including residential, retail and hospitality properties to provide fully integrated self contained communities.

For BUY/ SELL / LEASE Digital Greens Offices Space Please Call- 09999964462 / INFOREIAS@GMAIL.COM

*Google Search :- Digital Greens, Digital Greens Commercial Gurgaon, Emaar Mgf Digital Greens Sector 61 Gurgaon , Digital Green Emaar Mgf, Digital Green Gurgaon, Digital Green Sector 61 Gurgaon, Digital Greens Gurgaon Price, Digital Greens Office Space, commercial offices in gurgaon, commercial offices on sale in gurgaon, comcommercialices on Lease in gurgaon