Emami Realty Plans Rs 15,000 Crore Urban Expansion

Emami Realty, a key player in India’s real estate sector, has announced an ambitious seven-year plan to develop 22 million square feet of residential and commercial spaces. The Kolkata-headquartered company projects a revenue potential of ₹15,000 crore from this extensive initiative, marking a significant step forward in redefining urban living across the country. The planned developments will span major metropolitan areas, including Kolkata, Chennai, Mumbai, and Central India, showcasing the firm’s commitment to meeting India’s growing demand for modern infrastructure.

Nitesh Kumar, Managing Director and CEO of Emami Realty, emphasised the transformative scope of this project. “Our commitment to developing 22 million square feet of residential and commercial spaces over the next seven years reflects our dedication to enhancing urban living while driving the growth of India’s real estate sector,” he stated. With over 3.7 crore square feet of completed projects since its inception in 2006, Emami Realty is building on its legacy of quality and innovation.

This ambitious plan is expected to address critical urban housing and infrastructure needs, offering new opportunities for sustainable development. The inclusion of green spaces, smart design, and energy-efficient systems are central to the firm’s approach, aligning with global environmental goals. This focus on sustainability is crucial, particularly as urbanisation continues to exert pressure on resources and infrastructure.

The initiative also highlights Emami Realty’s role in fostering economic growth through job creation and investment. By targeting major urban centres, the company is poised to contribute to India’s evolving urban landscape while ensuring sustainability and environmental stewardship remain integral. With this plan, Emami Realty is setting a benchmark for modern, responsible urban development that caters to diverse demographics and needs.