In the Land of Plenty ; Emaar Mgf Is On a Roll, but It May Still Need That Ipo.
Business Today › July 03, 2008
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Summary
When great granite boulder outcroppings dot a city and come to identify the region, 'Boulder Hills' should be a sellable address for an upcoming property. Only, the Dubai-based real estate major Emaar Properties PJSC, which has a joint venture in India with local company MGF Developments Ltd, has done better than that. In the boulder-dotted outskirts of Hyderabad, armed with a capital outlay of $1.4 billion (Rs 5,610 crore), it is pitching 'Boulder Hills' as south India's first integrated, worldclass leisure and residential community.
Spread across 531 acres, the project includes, among other things, a fully-operational 192 acres championship golf course designed by Harradine Golf, a leading Switzerland-based golf course architect firm that has constructed over 200 golf courses globally.See the full content of this document
Extract
In the Land of Plenty ; Emaar Mgf Is On a Roll, but It May Still Need That Ipo.
The Hyderabad project is part of Emaar MGF's bigger plan for not just south India bu...
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