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Emaar MGF plans $3bn expansion in India
- United Arab Emirates: Saturday, May 31 - 2008 at 08:01
Emaar MGF Land, a joint venture between Dubai's Emaar Properties and India's MGF, is to develop 31 million square feet of area in 10 locations in South India with a planned investment of $3bn. The first of these developments to be launched is Boulder Hills Golf & Country Club, a leisure and residential community in Hyderabad. The $1.4bn project features an 18-hole championship golf course, luxury residences, large format retail facility, luxury & boutique hotels and IT park.
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