With Dubai mega-developer Emaar expanding far beyond its all-too-famous Burj Dubai, we look at some of its giant footprints around the world.
October 5, 2008 6:01 by kippreport
Emaar MGF, India
Emaar’s foray into the world’s second most populous country hit a snag in February when its local joint venture had to call off its planned IPO as markets sagged. Emaar’s Indian adventure is taking place together with Indian developer MGF Developments Limited, a company with over 70 years of experience on the subcontinent, in a joint venture called Emaar MGF. Projects are planned for Delhi, Andhra Pradesh, Karnataka, Tamil Nadu, Maharashtra and elsewhere, including the purpose-built residential community Commonwealth Games Village in the capital and a series of low-rise luxury homes in the Mohali Hills near Chandigarh, the capital of Punjab state. The company’s CEO told Hindu Business Line recently that customer response in the Punjab region is higher than elsewhere in the country, so Emaar MGF may be looking to divert more of its resources to the northern state.
How well are localisation policies being implemented in the UAE?
4 biggest challenges for start-ups
du enables its Nepalese customers to connect with families following earthquake crisis
Low IT Security Spend leaves Middle East Businesses Open to Cyber Attacks
New research demonstrates that the UAE leads the world in consumer preference for multi screen experiences, personalised offers and social shopping