Emaar India Limited is a

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

developer principally engaged in

promotion Promotion may refer to: Marketing * Promotion (marketing), one of the four marketing mix elements, comprising any type of marketing communication used to inform or persuade target audiences of the relative merits of a product, service, brand or i ...

construction Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and com ...

development Development or developing may refer to: Arts *Development hell, when a project is stuck in development *Filmmaking, development phase, including finance and budgeting *Development (music), the process thematic material is reshaped *Photographi ...

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 Gurgaon (pronunciation: �ʊɽɡãːw, officially named Gurugram (pronunciation: �ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...

, Delhi/NCR,

Mohali Mohali, officially known as Sahibzada Ajit Singh Nagar, is a planned city in the Mohali district in Punjab (India), Punjab, India, which is an administrative and a commercial hub lying south-west of Chandigarh. It is the headquarters of the Moh ...

Lucknow Lucknow (, ) is the capital and the largest city of the Indian state of Uttar Pradesh and it is also the second largest urban agglomeration in Uttar Pradesh. Lucknow is the administrative headquarters of the eponymous district and division ...

Indore Indore () is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is t ...

and other Indian cities. Emaar started its operations in 2005 and has been known for bringing in the largest

foreign direct investment A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct co ...

in the construction-development sector of India. The Company is promoted by Emaar Properties PJSC, Dubai (“Emaar”). Being a

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...

of Emaar, the company is also controlled and managed by Emaar in India. Emaar is a

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

established in 1997 under the laws of

Dubai, UAE Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

and is listed on the

Dubai Financial Market The Dubai Financial Market (DFM) ( ar, سوق دبي المالي) is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000. Overview , there are 67 companies listed on DFM. Most of them are UAE-based companies ...

. Its

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...

is over billion and assets are valued at over billion. It has developed master-planned communities internationally, and is present in several key global markets like the

Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Pro ...

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

, the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

and

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

. Emaar's flagship development

Downtown Dubai Downtown Dubai or The Dubai Downtown, is a large-scale, mixed-use complex in Dubai, United Arab Emirates. The Dubai Downtown was created by the Emaar Real Estate Development Company. Before 2000, the place was called Umm Al Tarif. It is home to so ...

hosts properties like the

Burj Khalifa The Burj Khalifa (; ar, برج خليفة, , Khalifa Tower), known as the Burj Dubai prior to its inauguration in 2010, is a skyscraper in Dubai, United Arab Emirates. It is known for being the world’s tallest building. With a total height ...

The Dubai Mall The Dubai Mall ( ar, دبي مول "Dubai Mall") is a shopping mall in Dubai. It is the second largest mall in the world after the Iran Mall by total land area, and the 26th-largest shopping mall in the world by gross leasable area, tying with ...

and

The Dubai Fountain The Dubai Fountain is a choreographed fountain system located on the 12 hectare (30 acre) artificial Burj Khalifa Lake, at the center of the Downtown Dubai development in Dubai, United Arab Emirates. It was designed by WET Design, a California-ba ...

. It has also developed residential projects like

Arabian Ranches Arabian Ranches is an upscale gated villa community in Dubai, United Arab Emirates launched in 2004. Located in Wadi Al Safa 6, along Sheikh Mohammad Bin Zayed Road and in proximity to Dubai's Global Village. It includes the Arabian Ranches Golf ...

, Emirates Living, and

Dubai Marina Dubai Marina ( ar, مرسى دبي), aka Marsa Dubai, is a district in Dubai, United Arab Emirates. It is an artificial canal city, built along a stretch of Persian Gulf shoreline. As of 2018, it has a population of 55,052. When the entire develo ...

History

On April 11, 2016, Emaar Properties 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. In August 2017, Emaar India stated that it has appointed of

Snapdeal Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. Snapdeal was one of the largest online marketplaces in India. Snapdeal targets the value e-commerce segment, ...

’s Chief Strategy & Investment Officer

Jason Kothari Jason Kothari is an entrepreneur and business leader, known as a turnaround expert. He is the former CEO of Housing.com and FreeCharge. Previously, Kothari was the Chief Strategy and Investment Officer at Snapdeal. He started his career as the co ...

and Sudip Mullick of the law firm

Khaitan & Co Khaitan & Co is one of India's oldest, full-service law firms comprising over 1000 fee earners and consultants, including 200 partners and directors. The law firm was founded in 1911 by Debi Prasad Khaitan, a member of the Constituent Assembly of ...

to the board of directors. Emaar India communicated to its customers about initiating the process of demerger of the Company pursuant to a Scheme of Arrangement under Section 391-394 of the Companies Act, 1956 and filing such Scheme with

Delhi High Court The High Court of Delhi (IAST: ''dillī uchcha nyāyālaya'') was established on 31 October 1966, through the ''Delhi High Court Act, 1966'', with four judges, Chief Justice K. S. Hegde, Justice I. D. Dua, Justice H. R. Khanna and Justice S. ...

. 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. Emaar revamped its project management team to speed up execution and delivery of over 50 projects that were stuck due to the impending demerger between the two parent companies. The developer hired over 100 additional employees in the Project Management space. The developer increased its workforce to 10,000 labourers at the time of initiating the demerger process. By September 2017, the labour headcount was more than 15,000 labourers.

Projects

* Emaar Digi Homes * Emaar Palm Heights * Emaar Business District 65 * Emaar Business District 114 * Emaar Business District 89 * Emaar Colonnade * Emaar Emerald Plaza * Emaar Palm Square * Emaar Continental City * Mohali Hills * Central Plaza * The Views * Emaar Emerald Hills

Awards

2017

*Emaar India has won 4 awards at the DNA Real Estate & Infrastructure Awards 2017, in Mumbai - 'Developer of the Year - Residential', 'Employer of the Year Real Estate', 'Residential Property of the Year' for its Emerald Hills project, and 'CSR Initiative of the Year by a Real Estate Firm' for its creche program ‘Guardians of Hope’. *Emaar India has won 2 awards at the 9th Realty Plus Conclave and Excellence Awards 2017 - 'Developer of the Year' in the Residential category, and 'Green Project of the Year for Digital Greens'.

2016

*Emaar India has won the ‘Residential Project of the Year’ award for The Palm Drive (Gurgaon) at the DNA Real Estate & Infrastructure Awards 2016. *Emaar India has won 2 awards at the 8th Realty Plus Conclave and Excellence Awards 2016 - 'Luxury Project of the Year - Th
Palm Drive
�� and ‘Commercial Property of the Year - The Palm Springs Plaza’. *Emaar India has won The Palm Drive, Gurugram wins ‘Residential Project of the Year’ at DNA Real Estate Awards 2016.

References

{{reflist Real estate companies established in 2005 Real estate companies of India Indian subsidiaries of foreign companies