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Emaar India to invest ₹400 crore to develop residential project in Lucknow

Representative Image NEW DELHI: Emaar India plans to invest ₹400 crore to develop a high-rise residential project – Elite Oasis at Gomti Nagar Extension, Lucknow. The project has an expected revenue potential of ₹650 crore. Developed on 2.923 acres of land, the project offers a wide range of residential units, 3BHK + U and 4BHK + U (two types). The price range for 3BHK units will be between ₹2.75 to ₹2.90 crore and for 4BHK units between ₹3.87 to 4.15 crore. Published On Jun 2, 2025 at 04:58 PM IST Join the community of 2M+ industry professionals Subscribe to our…

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Adani Realty, Emaar Group said to cease talks on Indian real estate unit sale

Billionaire Gautam Adani’s real estate division has decided against buying the Indian unit of Dubai-based developer Emaar Group due to disagreements on valuation, according to people familiar with the matter. The Adani family and Emaar had been in talks for a sale of Emaar India Ltd. at an enterprise value of $1.4 billion, Bloomberg News reported in March. Two months prior, Emaar said it was in discussions with potential buyers in India, including Adani. The negotiations with Adani hit a snag because the two parties couldn’t reach a consensus on value, the people said, asking not to be identified because…