Wednesday 15 May 2024
 
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Emaar MGF

India to fine Emaar JV over Games village delay

The Indian joint venture of Dubai's Emaar Properties will be penalised for delay and defects in construction of the Commonwealth Games village, a spokeswoman for the Delhi Development Authority (DDA) said. The $230 million athletes village

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Emaar India unit searched by revenue dept

Emaar MGF, an Indian unit of Dubai's largest listed real estate company Emaar Properties, said some of its offices in New Delhi were searched by revenue officials on Thursday. 'There was a routine search operation by Enforcement Di

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Emaar JV plans IPO

Emaar MGF Developers, a joint venture between Indian financier MGF and the UAE's Emaar Properties, and Indian real estate developers Sahara Prime City have filed papers with the stock market regulator for initial public offerings (IPOs), sources s

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Emaar JV ‘to raise up to $1.5bn’

Emaar MGF Developers, a joint venture between Indian financier MGF and the UAE's Emaar Properties, and Indian real estate developers Sahara Prime City plan to raise up to 75 billion rupees ($1.5 billion), three sources said on Tuesday.

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Emaar still mulls IPO for India JV

Emaar Properties is still considering an initial public offering for its India MGF joint venture, in line with its strategy announced last year, the Dubai-based developer said. Emaar, which is building the world's tallest tower, said 

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Emaar, Marriott to pump $400m into India hotels

The Indian joint venture of Dubai's Emaar Properties said on Tuesday it had tied up with Marriott International to build four hotels in India for a total investment of more than $400 million. The projects in New Delhi and Amritsar in the n

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Emaar MGF India IPO makes slow start

India's Emaar MGF Land Ltd, which aims to raise $1.6 billion from its initial public offering, received bids for 16 percent of the issue on the first day. The bids were mostly at the lower end of the price band, as investors remain edgy in

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Emaar MGF launches 'Palm Drive' in India

Emaar MGF has launched 'Palm Drive', a premium residential property in Gurgaon, Haryana. Palm Drive is a high quality residential development designed for contemporary living in a green sanctuary setting and will include amenities like clu

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Emaar MGF plans IPO, could raise $1.5bn

Real estate firm Emaar MGF Land plans to sell a 10 percent stake through an initial public offering in India, which banking sources say may raise about $1.5 billion to make it one of India's biggest listings. The company is 40 percent owne

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Emaar MGF to build hotel in India

Emaar MGF said on Wednesday it will spend 2 billion rupees ($50 million) on a luxury hotel in northern India. The company is a joint venture of Dubai's Emaar Properties and Indian real estate developer MGF Developments Ltd. The ho

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