Emaar India to invest Rs2,000 crore in 2 years to complete projects: CEO

Emaar India has raised Rs2,500 crore debt in last one year, of which about Rs1,500 crore was used to replace costlier debt and rest on constructio

Emaar India has raised Rs2,500 crore debt in last one year, of which about Rs1,500 crore was used to replace costlier debt and rest on constructio

New Delhi: Realty major Emaar India will invest Rs2,000 crore over the next two years to complete all its ongoing 50 projects across the country, a top company official said.

Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India’s MGF Development and invested Rs8,500 crore through the joint venture firm Emaar MGF Land.

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Credit: livemint.com