Emami Realty, the real estate arm of the 34-year-old Emami Group, has announced plans to invest Rs 10,000 crore over 7 years to expand its portfolio of projects across India. The company has already completed 15 million square feet of real estate development and currently has 30 million square feet of projects in various stages of development. Emami Realty aims to become a top 10 player in the Indian real estate market by 2025. The company’s expansion plans include developing residential, commercial, and retail spaces, as well as hospitality and entertainment projects. Emami Realty will also look to diversify its revenue streams by venturing into education, healthcare, and hospitality sectors. The company’s investment of Rs 10,000 crore will be utilized to fund new projects, repay debts, and improve its balance sheet. Emami Realty’s expansion plans are expected to create over 50,000 jobs and boost local economies in various parts of the country.
Emami Realty plans to allocate INR 10,000 crore over the next 7 years to expand its real estate portfolio.
