Dubai-based Emaar Properties has ruled out selling its Indian operations, instead opting for strategic joint ventures with major Indian conglomerates to accelerate expansion in the country's booming real estate market.

Emaar India launches Elite Oasis, a ₹400 cr luxury project in Lucknow's Gomti Nagar Extension. 194 units of 3 & 4 BHK apartments priced ₹2.74-4.08 cr. Possession Nov 2029. RERA registered project.

Adani Realty has reportedly withdrawn from its planned acquisition of Emaar India due to valuation disagreements. The stalled $1.4 billion deal could have expanded Adani’s real estate footprint.

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Emaar India Ltd and MGF Developments Ltd have had immovable assets worth over 401 acres and ₹834 crore temporarily attached by the Enforcement Directorate (ED). Emaar owns properties worth ₹501.13 crore, while MGF Developments retains the remaining assets at ₹332.69 crore.