Emaar to Invest ₹1,600 Crore in Luxury Housing Project in Gurugram, Targets ₹3,400 Crore Revenue

2025-01-28 02:38:40

Located in Sector 112 along the Dwarka Expressway, which links Delhi and Gurugram, the luxury residential project ‘Urban Ascent’ has been launched by Emaar India, the Indian arm of Dubai-based Emaar Group. The project is backed by an estimated investment of ₹1,600 crore.

Spanning 9.2 acres (approximately 1,40,606 square meters), the development will feature 3 and 4 BHK residences priced between ₹3.52 crore and ₹5.47 crore. The project is expected to generate a topline of around ₹3,400 crore and is slated for completion within six years.

The construction will be IGBC Gold pre-certified and include eco-friendly features such as rainwater harvesting, water-efficient plumbing, wastewater recycling and reuse, environment-friendly waste management, solar-powered common areas, and EV charging provisions.

“Our first project of 2025, Urban Ascent, is more than just a residential development—it’s a lifestyle crafted for those who seek comfort, convenience, and a connection to nature. We are committed to creating communities that foster a sense of belonging,” said Kalyan Chakrabarti, CEO of Emaar India.