HomeReal EstateCommercialEmami Realty Plans Rs 15,000 Crore Urban Expansion

Emami Realty Plans Rs 15,000 Crore Urban Expansion

Emami Realty, a key player in India’s real estate sector, has announced an ambitious seven-year plan to develop 22 million square feet of residential and commercial spaces. The Kolkata-headquartered company projects a revenue potential of ₹15,000 crore from this extensive initiative, marking a significant step forward in redefining urban living across the country. The planned developments will span major metropolitan areas, including Kolkata, Chennai, Mumbai, and Central India, showcasing the firm’s commitment to meeting India’s growing demand for modern infrastructure.

Nitesh Kumar, Managing Director and CEO of Emami Realty, emphasised the transformative scope of this project. “Our commitment to developing 22 million square feet of residential and commercial spaces over the next seven years reflects our dedication to enhancing urban living while driving the growth of India’s real estate sector,” he stated. With over 3.7 crore square feet of completed projects since its inception in 2006, Emami Realty is building on its legacy of quality and innovation.

This ambitious plan is expected to address critical urban housing and infrastructure needs, offering new opportunities for sustainable development. The inclusion of green spaces, smart design, and energy-efficient systems are central to the firm’s approach, aligning with global environmental goals. This focus on sustainability is crucial, particularly as urbanisation continues to exert pressure on resources and infrastructure.

The initiative also highlights Emami Realty’s role in fostering economic growth through job creation and investment. By targeting major urban centres, the company is poised to contribute to India’s evolving urban landscape while ensuring sustainability and environmental stewardship remain integral. With this plan, Emami Realty is setting a benchmark for modern, responsible urban development that caters to diverse demographics and needs.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Dulux Collaborates with Nooku on Low VOC Paints

Dulux Collaborates with Nooku on Low VOC Paints

0
The quality of air inside homes and offices is emerging as a critical factor in sustainable urban living, and leading paint manufacturer Dulux has...
https://urbanacres.in/kajaria-tiles-continues-principal-role-with-rcb-women/

Kajaria Tiles Continues Principal Role with RCB Women

0
Kajaria Tiles has renewed its position as the principal sponsor of the Royal Challengers Bengaluru (RCB) Women’s Team, reinforcing its commitment to women’s cricket...
SWAMIH Fund Completes Thousands of Stalled Homes

SWAMIH Fund Completes Thousands of Stalled Homes

0
A government-backed housing stress resolution mechanism has emerged as one of India’s most consequential urban interventions in recent years, with the SWAMIH Fund enabling...
Ritika Sajdeh Acquires High Value Prabhadevi Residence for Rs 26.3 Crore

Ritika Sajdeh Acquires High Value Prabhadevi Residence for Rs 26.3 Crore

0
Mumbai’s premium residential market has recorded another high-value transaction in the Prabhadevi micro-market, reinforcing the area’s position as a core destination for luxury housing...
Mumbai Slum Renewal Plan Targets Next Decade

Mumbai Slum Renewal Plan Targets Next Decade

0
Mumbai’s long-standing challenge of informal housing is set to enter a decisive phase, with the state government outlining a time-bound strategy to transition the...