Adani's Empire Expands: Emaar India Acquisition Looms Large

Gautam Adani’s conglomerate is in advanced negotiations to acquire Emaar India for approximately USD 1.4-1.5 billion, strengthening its presence in the real estate sector.

Emaar Properties, a Dubai-based developer, entered the Indian market in 2005 through a joint venture with MGF Development, investing Rs 8,500 crore. The partnership was dissolved in 2016 after a demerger. Emaar India has an extensive portfolio spanning key cities, including Delhi-NCR, Mumbai, Mohali, Lucknow, Indore, and Jaipur.

In January 2025, Emaar Properties confirmed discussions with multiple Indian entities, including the Adani Group, regarding a potential stake sale in Emaar India.

News by Rahul Yelligetti.