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EmaarMGF plans $3 bn investments in South India

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EmaarMGF, one of India’s leading real estate developers, has planned to invest $3 billion across 10 cities in South India to develop over 31 million square feet area.

According to the plans, the company will develop residential and commercial properties including retail, IT parks and special economic zones (SEZs) in Hyderabad, Tirupati, Chennai, Coimbatore, Kochi, Mysore and Mangalore.

The company announced this while launching $1.4 billion integrated leisure and residential community around an 18-hole golf course in Hyderabad.

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