OPEN IN APP
Active Stocks
Mon Feb 17 2025 15:29:45
  1. Axis Bank share price
  2. 995.00 -0.18%
  1. Tata Steel share price
  2. 134.35 -0.04%
  1. State Bank Of India share price
  2. 728.05 0.84%
  1. Wipro share price
  2. 305.45 -0.86%
  1. ITC share price
  2. 408.50 -0.50%
Business News/ Videos / Companies/  Adani Eyes Big Stake in Burj Khalifa Owner Emaar’s India Business | Real Estate News

Adani Eyes Big Stake in Burj Khalifa Owner Emaar’s India Business | Real Estate News

The Adani Group is in advanced discussions with Dubai-based real estate developer Emaar Group to acquire a majority stake of 70-100% in its Indian arm for ₹4,000-5,000 crore. According to insiders quoted by a Mint’s latest report, the deal, likely to be executed through Adani Realty, will focus on Emaar India’s premium projects, including residential and commercial properties in Delhi-NCR, Mohali, Lucknow, Indore, and Jaipur. As per the report, negotiations on final terms and valuation, estimated to be around ₹5,000 crore, are ongoing. Watch!

 
Recommended For You