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Adani in talks to acquire Emaar India stake for up to ₹5,000 cr

January 15, 2025

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Mint Kolkata

Just a month earlier, Emaar India, which recorded a total income of ₹2,756.6 crore in FY24, up from ₹1,765.8 crore in FY23, entered the real estate market in Mumbai with a holiday home project in Alibaug.

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ris, a luxury residential project at Sector 62 in Golf Course Extension Road micro market in Gurugram at an investment of ₹1,000 crore.

On the other hand, Adani Realty, housed under family-promoted Adani Properties, has revenues in excess of ₹6,000 crore as of March 2024, the second person said. The actual numbers are not public. Adani Realty, which was launched around 14 years ago, has intensified its real estate project activities over the past four years, especially in the residential space in Mumbai.

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