Emaar India enters Mumbai market with a Rs 400-crore project in Alibaug

Emaar India is expanding into Mumbai with a $1.85 billion investment over two years. The first project, a holiday home development in Alibaug, involves a Rs 400 crore investment. The company aims to launch several projects across key Indian cities including Gurgaon, Pune, Bengaluru, and Hyderabad, planning to release 10 million square feet of real estate.