The Adani Group is reportedly in advanced negotiations to acquire the India business of Emaar, the UAE-based real estate giant, in a deal valued at approximately $1.4 billion. The potential acquisition would mark a significant expansion for Adani into residential and commercial real estate across several key Indian markets.
According to reports, the deal includes the takeover of Emaar India’s real estate portfolio, which includes assets in New Delhi, Punjab, Uttar Pradesh, Madhya Pradesh, and Rajasthan. These regions represent high-growth markets, with Emaar India holding substantial land banks and ongoing projects in both residential and commercial segments.
Emaar India has long been recognized for its premium developments and has a strong presence in urban centers, making it an attractive acquisition for the Adani Group, which is looking to diversify and deepen its presence in India’s booming real estate sector.
The $1.4 billion deal, if finalized, would be one of the largest in India’s real estate space and aligns with Adani Group’s strategic vision to expand beyond infrastructure, energy, and logistics into high-growth sectors like real estate and urban development.
Industry analysts believe that the acquisition of Emaar India would give Adani immediate access to prime real estate, completed projects, under-construction assets, and future-ready land parcels. It also complements Adani’s urban infrastructure ambitions, including smart cities and mixed-use development projects.
While neither Adani Group nor Emaar India has officially confirmed the deal, sources suggest that due diligence is underway, and a formal announcement could be expected in the coming months. Regulatory approvals would also be required before the deal is finalized.
The potential exit of Emaar from India’s real estate market also indicates a shift in its global strategy, possibly focusing more on its core markets in the Middle East. Meanwhile, Adani’s entry would reshape India’s real estate landscape, particularly in the Delhi NCR and northern states, where Emaar India has a strong foothold.
With India’s real estate sector projected to grow rapidly in 2025 and beyond, such a high-value acquisition signals renewed investor confidence and a focus on urban development.
