Emaar India Begins Handover of First Phase of Emerald Hills

Highlighting its commitment and renewed focus towards execution, completion and delivery of its projects, India’s leading real estate developer Emaar India has commenced the handover of the first phase of its integrated township project Emerald Hills to customers for interior fitting-out work. The company has issued the intent letters for possession to 413 homebuyers in the project, located in Sector-65, Gurgaon on the Golf Course Extension Road.

An Emaar MGF customer taking handover of his unit at Emerald Hills Sector-65 on Golf Course Extension Road

The company had recently received Occupancy Certificates for these units, which comprises of Emerald Hills Floors, Emerald Floors Select and Spanish Villas located in Ivory, Jemma and Topaz sectors of the Emerald Hills township. Prior to this, Emaar India had offered 150 plots for possession to its customers in the project.

On this occasion, Mr. Ashish Jerath, Head-Sales, Emaar India said, "We are extremely delighted to announce this development for our customers. Emaar India is relentlessly working towards completion and delivery of its projects. Being one of the largest real estate developers in Gurgaon, the series of deliveries which have been made recently, and the upcoming handovers over the next 6 months, are already adding to the cheer of the market”.

“The faster-paced project deliveries are the best stimulus that will bring positivity to the market, as it will not only help in lifting the stakeholder sentiments, but also shape the direction of the realty market in the region," added Mr. Jerath.

Emaar India has fast tracked all its ongoing projects like Emerald Estate, Emerald Floors, Emerald Floor Premier, Palm Garden, Palm Terraces Select, Gurgaon Greens, Imperial Gardens, etc in Gurgaon region besides The Avenues and The Grace in Chennai region. At present almost 8000 labourers are working at various sites of the developer, and the company aims to increase this workforce to five figures in the next three months at various projects including Palm Hills, Palm Garden and The Palm Drive in Gurgaon.

The Emerald Hills township is situated on the Golf Course Extension road which is currently the most preferred destination for both residential & commercial real estate. It is a natural extension to the most prime luxury property hub, the Golf Course Road. Easy accessibility to neighbouring cities of Delhi via NH-8 and Faridabad via the Gurgaon - Faridabad Expressway, along with proximity to Sohna Road are the major benefits of this location.

The locality is seeing development of various luxury projects with all major developers having their presence here. Apart from these, retailers like More Megastore, Easy Day, Big Bazaar & Shoppers Stop are already operational in close vicinity. Moreover, many national & multi-national companies have set up offices here, paving the way for hotels, hospitals & schools in the area.

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 more details, please visit www.emaarmgf.com .