Adani Realty Advances Plans to Acquire Emaar India

Emaar Properties, Dubai's largest real estate firm, is in negotiations to sell a majority stake in its Indian business to Adani Group, potentially acquiring 70-100% ownership for ₹4,000-5,000 crore. The deal is expected to focus on Emaar India's premium projects in key locations such as Delhi-NCR, Mohali, Lucknow, Indore, and Jaipur. Should the acquisition proceed, it would represent Adani's largest real estate purchase to date, funded privately through the family's wealth. Emaar India, which has been operational since 2005, boasts a significant portfolio in the Indian real estate market, including the development of various residential and commercial properties. While discussions are advanced, final terms and valuations are still under negotiation, and both companies have refrained from confirming details publicly. This move aligns with Adani Realty's strategy to expand its footprint in the competitive Indian real estate sector.