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Adani Group likely to buy Emaar India

PTI

Ludhiana, Updated At : 07:57 AM Mar 21, 2025 IST

Under its plan to expand its realty business, billionaire Gautam Adani’s group is likely to acquire real estate company Emaar India for an enterprise value of around USD 1.4-1.5 billion, sources privy to the deliberations said on Thursday.

After entering the Indian real estate market in 2005 in partnership with India’s MGF Development, Dubai-based Emaar Properties had invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.

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Adani Group likely to buy Emaar India

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