Latest news with #EmaarIndia
Time of India
24-07-2025
- Business
- Time of India
Delhi NCR developers tighten home sales to curb speculation, prioritize end-users and transparency
Property developers in Delhi NCR are tapping consulting firms, adopting technology for property allotment, and scanning profiles of potential buyers as they increasingly turn cautious in selling homes, to avoid speculator buying. With many projects getting sold out in days, there are concerns that investors are purchasing units in bulk to reap short-term gains from any price rise. However, developers fear such investors could stop payments after the first instalment, which will severely impact projects in the long run. Emaar India had appointed Ernst & Young to oversee the allotment process of one of its latest projects, to ensure transparency and corporate governance. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo Similarly, Boston Consulting Group oversaw the allocation process for a Signature Global project in NCR , ensuring that the entire procedure from expression of interest (EOI) to allotment, booking, and payment is done digitally. Bengaluru-based Prestige group, which recently launched its first project in NCR, adopted a tech system where a broker had to fill in details to book an apartment. Live Events 'We believe transparency towards buyers and other stakeholders holds utmost importance today. The demand for premium projects remains strong, particularly in our focused micro-markets of Southern Peripheral Road, Dwarka Expressway, and South Gurugram,' said Pradeep Aggarwal, founder and chairman, Signature Global (India) Ltd. 'This demand is driven by the rising appetite of end-buyers for an opulent lifestyle and investors' growing confidence in sustained returns from the real estate market.' 'During FY25, we sold 4,000 units, with property cancellation requests below 5%, reflecting that the market is currently driven by end-users and long-term investors,' Aggarwal said. 'Enhanced buyer awareness, digital transparency, regulatory reforms, and rising demand for quality housing have strengthened sentiment.' Many builders have also started taking more than Rs 20 lakh booking amount to ensure they get only serious buyers. 'Some of the builders have started thinking of giving credit rating-linked discounts while some are ready to give discounts if the buyer is taking home finance. Both ensures that payment will continue to come during the construction period,' said Anckur Srivasttava, chairman of GenRealProperty Advisers, a real estate advisory firm. Housing sales across the top seven cities fell sharply during the June quarter, as a steep rise in property prices and geopolitical tensions impacted homebuyer sentiment, showed a survey by a real estate consultancy. However, unit sales climbed sequentially. In calendar years 2023 and 2024, over 100,000 units were sold every quarter. In 2025, 93,280 units were sold in the March quarter, and 96,285 units in the June quarter, signalling a slowdown in the sector.
Time of India
08-07-2025
- Entertainment
- Time of India
Aamir Khan's Sitaare Zameen Par becomes 5th highest-grossing film of his career
Aamir Khan's Sitaare Zameen Par has become a box office success, grossing Rs 149.89 crore in 18 days. The emotional drama, directed by R.S. Prasanna, is now Khan's fifth-highest-grossing film, surpassing Thugs of Hindostan and Ghajini. Its success marks a comeback for Khan and highlights the appeal of content-driven cinema, with expectations of reaching over Rs 160 crore. Aamir Khan has added yet another feather to his illustrious cap with Sitaare Zameen Par, which has raked in an impressive Rs 149.89 crore in just 18 days across all languages. Directed by R.S. Prasanna and also starring Genelia D'Souza, the emotional drama has now emerged as the 5th highest-grossing film of Aamir Khan's career, surpassing the lifetime collections of big-budget films like Thugs of Hindostan and Ghajini. Mohit Suri Spills On 20 Years In Bollywood - Ahaan & Aneet, Alia Bhatt Dream Collab & More Released in three languages—Hindi, Tamil, and Telugu—Sitaare Zameen Par opened to strong word-of-mouth and critical appreciation, especially for its heartwarming storytelling and performances. It witnessed a solid first weekend, earning Rs 10.7 crore on Friday, Rs 20.2 crore on Saturday, and peaking with Rs 27.25 crore on Sunday. Despite expected weekday drops, the film closed its first week with a robust Rs 88.9 crore. The second weekend held strong, with Saturday and Sunday contributing Rs 12.6 crore and Rs 14.5 crore respectively, and a total Week 2 collection of Rs 46.5 crore. The third weekend again showed the audience's continued interest, adding another Rs 13.3 crore over Friday to Sunday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Spacious 4 BHK Homes starting @ ₹ 5.25 Cr* on Dwarka E-Way Emaar India Get Quote Undo As of Day 18 (third Monday), Sitaare Zameen Par has reached Rs 148.89 crore, inching close to the Rs 150 crore milestone—a feat rarely achieved by a non-action, emotion-driven social drama in recent years. With this, the film has comfortably overtaken Thugs of Hindostan (Rs 145.55 crore), Ghajini (Rs 114 crore), and Talaash (Rs 93.61 crore) in Aamir Khan's career tally. It now trails behind only 3 Idiots (Rs 202.47 crore), Dhoom 3 (Rs 271.07 crore), PK (Rs 340.8 crore), and Dangal (Rs 374.43 crore)—all massive blockbusters with wide appeal and multi-week dominance. Sitaare Zameen Par marks a significant comeback for Aamir after the underwhelming performance of Laal Singh Chaddha (Rs 61.12 crore). It has not only reinstated his box office credibility but also reaffirmed his strong connect with family audiences, thanks to the film's emotional themes, inclusive narrative, and child-centric story. While it may not reach the heights of Dangal or PK, its entry into the top five is a clear testament to the power of content-driven cinema when backed by a trusted name like Aamir Khan. With limited competition in the coming days, Sitaare Zameen Par is expected to continue its steady run and possibly close its lifetime business above Rs 160 crore.
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Business Standard
02-06-2025
- Business
- Business Standard
Emaar India to invest ₹400 crore in luxury housing project in Lucknow
Realty firm Emaar India will invest Rs 400 crore to develop a housing project in Lucknow as part of its expansion plan. Emaar India, which is part of Dubai-based Emaar Properties, on Monday launched its high-rise residential project 'Elite Oasis' at Gomti Nagar Extension in Lucknow, the capital of Uttar Pradesh. The project, spread over 2.923 acres, will have 194 units. The price range is Rs 2.75 crore to Rs 4.15 crore. "The total investment for the project is Rs 400 crore," the company said in a statement. "Emaar is known for its world-class architecture and skyscrapers. In Lucknow, Emaar is going to utilise this expertise to launch our first group housing project for the people of Lucknow, who are aspiring for a world-class lifestyle," Kalyan Chakrabarti, CEO of Emaar India, said. Emaar India is developing projects in Delhi-NCR, Mohali, Lucknow, Indore, and Jaipur. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Hindustan Times
02-06-2025
- Business
- Hindustan Times
Emaar India to invest ₹400 crore to develop a housing project in Lucknow
Emaar India, the Indian business entity of the Dubai-based Emaar Properties, said on June 2 that it will invest ₹400 crore to develop its first premium high-rise housing project, 'Elite Oasis', at Gomti Nagar Extension in Lucknow. The project, spread over 2.923 acres, will have 194 units. The price range is ₹2.75 crore to ₹4.15 crore. "The total investment for the project is ₹400 crore and the expected revenue is ₹650 crore," the company said in a statement. Elite Oasis will overlook Gomti Greens on one side and the Gomti River on the other, it said. The project will have a modern clubhouse with 2870 sq m (30,892 sq. ft.) of built-up area. The project offers a wide range of residential units, 3BHK + U and 4BHK + U (two types), catering to the needs of all those who aspire for premium living. 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, the company said. Elite Oasis is located 17.7 km from the Lucknow airport and 10.2 km from Gomti Nagar railway station. "We are excited to announce the launch of 'Elite Oasis'. This project stands as a testament to Emaar's unwavering commitment to providing high-quality living spaces that align with our customers' needs and uphold the highest design standards. In Lucknow, Emaar is going to utilize this expertise to launch our first group housing project for the people of Lucknow, who are aspiring for a world-class lifestyle,' said Kalyan Chakrabarti, CEO, Emaar India.
Time of India
02-06-2025
- Business
- Time of India
Emaar India to invest ₹400 crore to develop residential project in Lucknow
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.
