From Our Special Desk : Eastern Chronicle 24×7, The 16th January, 2025.
The Emaar Properties, Dubai & UAE’s Largest typhoon, within the listed Real Estate Firms, & World ‘s Largest one, is in talks with a few groups in India, including Adani Group, to Sell a stake of it’s Indian Businesses, said on Thursday.
Builder of the World’s Tallest Building, BURJ KHALIFA, and other iconic building such as The Skyscraper Center, The Urban Oasis, etc.
It’s Real Estate Businesses has a rising dignity among the Indian Cities. So many properties rises in Jaipur, Hyderabad, Bangalore, Vijayawada, Chennai, Delhi, Lucknow and other cities in India.
The Emaar Properties of Dubai, said in a Statement that the Valuation of the Stake of properties in India , and other terms of potential Deal, were not till finalized, but the talks with ‘ listed groups, including Adani realty, Adani Enterprise ‘ -will be in a further details.
The Statement followed media reports on Wednesday stating that Adani Realty, the real estate unit of Indian Billionaire Gautam Adani’s Adani Enterprise was an advanced talks to acquire a majority stake in Emaar India.
Emaar, the largest typhoon in Dubai’s Real Estate, started it’s operational journey in this Country, India in 2005, and has a portfolios of Residential & Commercial Buildings in Gurgaon, Mohali, Lucknow, Jaipur, Vijayawada, Chennai, Indore and many other prominent Indian Cities according to to their websites.
It is now found in whispering into the Indian Business Hub of Real Estate, looking to the current Economical scenario, and political influences, Dubai’s typhoon, Emaar India, perhaps withdraw it’s interests to doing Real Estate business in India.
