About Emaar India

Emaar, which was founded in 1997, has left an indelible effect on the hospitality and retail industries in ten countries and 36 markets. The Group has pioneered the development of thriving communities that have transformed real estate across the Middle East, Africa, Asia, Europe, the United States, and Canada. Emaar has become one of the world's leading real estate firms because of famous projects like the Burj Khalifa and its large size of operations.

Emaar India began as a premium real estate developer in the country in 2005. Emaar constantly delivers world-class projects that highlight its skills and commitment to quality as it expands its strong footprint in India with projects in Delhi, Gurugram, Lucknow, Jaipur, Chennai, Indore, and Mohali. Emaar's values are represented in the company's unwavering commitment to providing unrivalled quality, innovation, and execution in the creation of aspirations.

History

Emaar Properties and MGF Developments ended their joint venture on April 11, 2016. On May 16, 2016, Emaar MGF Land Ltd filed a demerger scheme before the Delhi High Court.

Emaar India announced in August 2017 that Snapdeal's Chief Strategy & Investment Officer Jason Kothari and Sudip Mullick of law firm Khaitan & Co have been added to the board of directors.

Emaar India informed its clients that it had begun the process of demerging the company under Section 391-394 of the Companies Act, 1956, and had filed a Scheme of Arrangement with the Delhi High Court. It also disclosed target completion timetables for all projects with the achievement of particular milestones and uploaded them to its website to reassure its clients on the completion of ongoing initiatives.

Emaar restructured its project management team in order to expedite the execution and delivery of more than 50 projects that had been stalled owing to the approaching demerger of the two-parent businesses. In the Project Management department, the developer hired nearly 100 new staff. When the demerger process was started, the developer had increased its staff to 10,000 workers. By September 2017, there were over 15,000 workers on the payroll.

Awards & Accolades 

For its dedication to operational excellence and quality standards, Emaar has received numerous worldwide, regional, and local honours.

• At the Luxury Travel Guide Awards, Armani/SPA was named "Luxury Spa of the Year 2017."
• The Luxury Travel Guide Awards named Address Dubai Mall "The Contemporary Luxury Hotel of the Year 2017."
• At the first Hotelier Express Awards, Rove City Centre won the category for "Mid-Market Launch of the Year."
• The Address Dubai Mall won one of the most renowned Business Excellence Awards, ‘The Bizz 2017'.
• At the Middle East Asia Leadership Summit and Awards, Address Residences Dubai Mall was named the "Best Luxury Apartments Hotel."
• Emaar Community Management was named the winner of the International Business Excellence (IBX) Awards 2017 in the ‘Client Relationship Management Category.'
• At the Facilities Management Middle East (fmME) Awards 2017, Emaar Community Management was named the recipient of the ‘Best Sustainability Initiative of the Year.'
• At the Urban Community Development Middle East Forum, Emaar Community Management was awarded the title of "Best Overall Integrated Lifestyle Community."
• Emaar Facilities Management was named the winner of the MENA Green Building Awards for exhibiting excellence in delivering critical FM services while emphasizing sustainability and environmental stewardship in its operations.
• Emaar Facilities Management won the MENA Green Building Awards for the successful implementation of a green Operations and Maintenance strategy at The Dubai Mall.
• World Travel Awards named Burj Khalifa the best tourist attraction in the Middle East.

Revenue 

Emaar India Limited is a private corporation that was founded on February 18, 2005. It is a public limited company with headquarters in South Delhi, Delhi. It has a total paid-up capital of INR 169.39 crore and an authorized share capital of INR 6,000.00 crore.

For the fiscal year ending March 31, 2020, Emaar India Limited expects operational revenues of about INR 500 crore. Over the previous year, its EBITDA climbed by 472.03 percent. Its book net worth has declined by -3.95 percent at the same period.

Financial Report 

• Operating Revenue: Over INR 500 cr
• EBITDA:  472.03 %
• Net worth:  -3.95 %
• Debt/Equity Ratio: -1.70
• Return on Equity: N/A
• Total Assets : -10.51 %
• Fixed Assets : 52.56 %
• Current Assets: -10.81 %
• Current Liabilities: -38.35 %
• Trade Receivables: -18.45 %
• Trade Payables: 151.21 %
• Current Ratio: 1.27

On-Going Projects 

• Emaar Palm Gardens, Sector 83, Gurgaon
• Emaar MGF The Palm Square, Golf course Extension Road, Gurgaon
• Emaar Digital Greens, Sector 61, Gurgaon
• Emaar Palm Heights, Sector 77, Delhi Gurgaon Expressway, Gurgaon
• Emaar Digihomes, Sector 62, Gurgaon
• Emaar Palm Select, Sector 77, Delhi Gurgaon Expressway, Gurgaon
• Emaar Palm Hills, Sector 77, Delhi Gurgaon Expressway, Gurgaon
• Emaar The Palm Drive, Sector- 66, Gurgaon 
• Emaar Gurgaon Greens, Sector 102, Gurgaon
• Emaar Emerald Classic, Gurgaon 
• Emaar Palm Terraces Select, Sector- 66, Gurgaon
• Emaar MGF The Enclave, Sector- 66, Gurgaon
• Emaar Marbella, Sector 66, Gurgaon
• Emaar Emerald Floors Select, Golf course Extension Road, Gurgaon
• Emaar Imperial Gardens, Sector 102, Gurgaon
• Emaar Gurgaon Greens, Dwarka Expressway, Gurgaon

Completed Projects 

• Emaar Palm Gardens, Sector 83, Gurgaon
• Emaar MGF The Palm Square, Golf course Extension Road, Gurgaon
• Emaar Digital Greens, Sector 61, Gurgaon
• Emaar Palm Select, Sector 77, Delhi Gurgaon Expressway, Gurgaon
• Emaar The Palm Drive, Sector 66, Gurgaon
• Emaar Gurgaon Greens, Sector 102, Gurgaon
• Emaar Emerald Estate, Sector 65, Gurgaon
• Emaar Sky Terraces, Sector 66, Gurgaon
• Emaar MGF The Enclave, Sector 66, Gurgaon
• Emaar Palm Terraces, Sector 66, Gurgaon
• Emaar Imperial Gardens, Sector 102, Gurgaon
• Emaar DigiHomes Sector 62
• Emaar Palm Premier Sector 77
• Emaar MGF Capital Tower
• Emaar The Vilas
• Emaar Project Commonwealth Games Village 2010, Akshardham Temple, New Delhi
• Emaar MGF Commerce Park
• Emaar The Palm Springs, Golf Course Road, Gurgaon