Boulder Hills Golf And Country Club By Emaar MGF In Hyderabad

Emaar MGF Land Ltd, one of the leading real estate developers in the country has launched ‘Boulder Hills Golf & Country Club’- an integrated world class leisure and residential community in Hyderabad. The Rs 5,610-crore project will have residential, commercial and retail space, IT parks and special economic zones, luxury and boutique hotels. It will be constructed by Multiplex Construction India Pvt Ltd, a 50:50 joint venture company floated by Emaar MGF and Multiplex Ltd.
Talking at a press conference during the launch of the project here, W. R. Rattazi, chief executive officer of the company, said, “It is a landmark project for the company in south India.” This project, which is spread across five hundred thirty one acres of land, is south India’s first integrated world class leisure and residential community with an eighteen hole golf course. The one hundred ninety two acre golf course has been designed by Peter Harradine – a third generation golf course architect. It is a championship golf course.
“Plans are on to host the European PGA Men’s and Ladies events at the world class golf course,” he said.
In the first phase of the project, the company would be developing seven hundred three residential units with a mix of single and multi family units. It is likely to be ready within the next three years.
The project has already been well received in the market, so much so that the premium apartments and luxury villas that are being planned within the project have already been sold out, he added.
The company is presently doing eight different projects in the South. “Over the next few years, we plan to develop 31 million sq ft across ten locations in south India with a planned investment of three billion dollar. Already the company has a land bank of 1,500 acres in the south in places like Hyderabad, Tirupathi, Chennai, Coimbatore, Kochi, Mysore and Mangalore”, he said adding all over India, the company has a land holding of 13,000 acres.
In the next 4-5 years, Emaar MGF will spread its wings to 40 cities from 26 cities right now.

3 Comments

  1. Posted June 11, 2008 at 4:08 am | Permalink

    Real estate firm Emaar MGF Land, the Indian joint venture of Dubai’s Emaar Properties EMAR.DU plans to spend $3 billion in developing properties in south India over the next few years. Besides a residential property in Hyderabad with an outlay of $1.4 billion, Emaar MGF will invest in commercial and retail properties and hotels spread over 31 million sq ft in 10 south Indian locations. Emaar MGF in February called off a $1.6 billion initial public offering because of tepid investor interest.For more view- realtydigest.blogspot.com

  2. m.a.mohiuddin
    Posted August 10, 2008 at 10:37 am | Permalink

    emaar is really a big group the indian joint venture of dubais emaar properties

  3. m.a.mohiuddin
    Posted August 10, 2008 at 10:41 am | Permalink

    infuture emaar mgf invest in commercial and retail properties and hotels near about 35 to 40 million sq. ft in south india….

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