Till date, Emaar India has set up projects in the National Capital Region, Mohali, Hyderabad, Indore, and elsewhere, part of it with its erstwhile joint venture with the MGF group.
Urban locations of New Delhi, Mumbai, Bengaluru, Hyderabad and Chennai offer exciting growth opportunities for this luxury residential segment, a company official said.
With the ground floor submerged, it will take about three months for the homes to be fixed, while many of the cars may have to be written off for good.
The company plans to launch luxury villas under the global banner in Q1 2022 between Mumbai and Pune, and outside of NCR to cash in on the demand for second homes during the pandemic.
Land-scarce MMR tops the high-rise list with over 75% of the total 734 projects; NCR came next with nearly 70% of its total launched projects in the category
Downsouth Prime Property analyses how villas are doing in Chennai and assess the impact of Bengaluru's upcoming metro on property prices. Jude Sannith of Prime Property finds it out.
Speaking to CNBC-TV18, Irfan Razack, chairman and managing director, Prestige Estates Projects says the Q2 sales amounted to approximately Rs 1150 crore which includes both residential and commercial properties.