Emaar to invest Rs 1,600 crore in Gurugram luxury housing
Spread over 25.90 acres, Serenity Hills is envisioned as one of the greenest residential developments in the NCR
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In what is being seen as silver lining of stagnant Delhi-NCR housing market, Real Estate developer Emaar India, the Indian arm of Dubai-headquartered Emaar Properties, will invest around Rs 1,600 crore in Emaar. On Wednesday, it launched a premium residential project 'Serenity Hills’, at Sector 86, Gurugram.
"We are launching the first phase of a new housing project in Gurugram. We will develop 997 apartments across seven towers. It is envisioned as a tranquil oasis within New Gurugram, offering residents a refined lifestyle surrounded by nature and world-class amenities," said Emaar India CEO Kalyan Chakrabarti.
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Spread over 25.90 acres, Serenity Hills is envisioned as one of the greenest residential developments in the NCR, with an IGBC Platinum pre-certification and more than 20 acres of landscaped open areas.
The project’s defining feature is its 8-acre central green spine, complemented by water features and a continuous leisure promenade.
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