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Rs 8.5 crore: Price of a villa in Gurgoan!

Last updated on: December 3, 2010 14:39 IST

Rs 8.5 crore: Price of a villa in Gurgoan!

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Realty major Emaar MGF said it would develop 200 luxury villas in Gurgaon, which would generate a revenue of at least Rs 900 crore (Rs 9 billion) to the company.

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Image: Emaar MGF villa in Gurgoan.

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Rs 8.5 crore: Price of a villa in Gurgoan!

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The company would sell these villas in the price range of Rs 4.5 crore to Rs 8.5 crore (Rs 45-85 million), Emaar MGF said in a statement.

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Image: A villa in Gurgaon.

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Rs 8.5 crore: Price of a villa in Gurgoan!

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The project 'Marbella' will be spread over 110 acre. Emaar MGF, which plans to raise Rs 1,600 crore (Rs 16 billion) through initial public offer (IPO), is presently developing 33 housing projects across the country.

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Image: A villa in Gurgaon.

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Rs 8.5 crore: Price of a villa in Gurgoan!

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It developed the Commonwealth Games Village in the national capital. Emaar MGF is a joint venture between Dubai-based Emaar Properties and India's MGF Development.


Image: A villa in Gurgaon.

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