Emaar MGF Receives Occupancy Certificate for The Palm Drive

Emaar MGF, India’s leading real estate developer, today announced the receipt of Occupancy Certificate for The Palm Drive - the most premium address thus far on the Golf Course Extension Road in Sector 66, Gurgaon. The Company has commenced the first phase of handover of units of this flagship group housing project, which is one of the most talked-about luxury properties offered by Emaar MGF to its esteemed customers.

The Palm Drive is a unique amalgamation of contemporary lifestyle and serene green spaces. Spread over 37 acres, the project comprises of 1460 units, strategically located in the emerging suburban business district on the Golf Course Extension Road. The Palm Drive is designed by DP Architects from Singapore, with residential apartments having spacious living areas & bedrooms, bathrooms with Jacuzzi, and high-tech safety and security features. Residents can also access the deluxe clubhouse having multi-cuisine restaurant & lounge area, two swimming pools, bowling alley and a mini-Cineplex. There are facility areas for squash, billiards, dance & aerobics, etc. along with a health club having fully equipped unisex gym and steam and sauna baths. Water & Wastewater management features along with solar energy usage have also been incorporated to reduce the environmental footprint.

The handover process will be completed in two phases. The current phase will cover eight towers of Sky Terraces and Palm Terraces, low-rise units of Garden Terraces, and the EWS units. Also, the Clubhouse having premium recreational facilities will also become operational. The remaining five towers and low-rise units will be handed over in subsequent phase.

Mr. Ashish Jerath, Vice President - Sales, Emaar MGF stated on this occasion, “We are extremely delighted at this development for our customers, being the most valued stakeholders. This is a noteworthy milestone for us highlighting our commitment towards completion and delivery of the existing projects. Going forth, we are also hopeful of delivering several projects in 2015 to strengthen our brand equity by creating new benchmarks in luxury living, design and quality.”

“The Palm Drive offers an integrated approach towards creating a work-life balance, as it is located next to Palm Square, a 3.475-acre commercial office-cum-retail complex developed by Emaar MGF. The complex is fully operational having 14-floors of premium office spaces, central atrium, double height entrance lobby, 2-level retail arcade and open plaza thereby providing a perfect opportunity to mix business with pleasure.”, added Mr. Jerath.

About Emaar MGF Land Limited:

Emaar MGF is a joint venture between MGF Developments Ltd and Emaar Properties PJSC, Dubai. 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 http://www.emaarmgf.com/