Emaar India Launches ₹400 Crore Premium Housing Project in Lucknow
Emaar India, a leading real estate developer, announces a significant investment of ₹400 crore to develop its first premium high-rise housing project, 'Elite Oasis', in Lucknow's Gomti Nagar Extension.
Emaar IndiaReal EstateLucknowHousing ProjectElite OasisReal Estate NewsJun 02, 2025
The project, spread over 2.923 acres, will comprise 194 units, with a price range of ₹2.75 crore to ₹4.15 crore. According to the company, the total investment for the project is ₹400 crore, and the expected revenue is ₹650 crore. This ambitious project is designed to cater to the growing demand for premium living spaces in Lucknow.
Elite Oasis will overlook the scenic Gomti Greens on one side and the Gomti River on the other, offering residents a tranquil and luxurious living environment. The project will feature a modern clubhouse with a built-up area of 2870 sq m (30,892 sq. ft.), equipped with state-of-the-art amenities to enhance the living experience.
The housing project offers a wide range of residential units, including 3BHK + U and 4BHK + U (two types). The price range for 3BHK units will be between ₹2.75 crore and ₹2.90 crore, while 4BHK units will be priced between ₹3.87 crore and ₹4.15 crore. This variety ensures that the project caters to the diverse needs of potential buyers.
Strategically located, Elite Oasis is just 17.7 km from the Lucknow airport and 10.2 km from the Gomti Nagar railway station, making it easily accessible and convenient for residents. The project’s prime location, coupled with its premium amenities, is expected to attract a significant number of homebuyers and investors.
Kalyan Chakrabarti, CEO of Emaar India, expressed his enthusiasm about the launch of Elite Oasis. 'We are excited to announce the launch of ‘Elite Oasis’. This project stands as a testament to Emaar’s unwavering commitment to providing high-quality living spaces that align with our customers' needs and uphold the highest design standards. In Lucknow, Emaar is going to utilize this expertise to launch our first group housing project for the people of Lucknow, who are aspiring for a world-class lifestyle,' he said.
Emaar India’s foray into Lucknow’s real estate market with Elite Oasis is a significant step in the company’s expansion strategy. The project is expected to not only transform the local real estate landscape but also set new standards for premium living in the city.
Frequently Asked Questions
What is the total investment for the Elite Oasis project?
The total investment for the Elite Oasis project is ₹400 crore.
Where is the Elite Oasis project located?
The Elite Oasis project is located in Gomti Nagar Extension, Lucknow.
How many units will the Elite Oasis project have?
The Elite Oasis project will have 194 units.
What is the price range for the units in Elite Oasis?
The price range for the units in Elite Oasis is ₹2.75 crore to ₹4.15 crore.
Who is the CEO of Emaar India?
Kalyan Chakrabarti is the CEO of Emaar India.
Related News Articles
Maharashtra's Real Estate Market Sees Upsurge in Property Registrations
Maharashtra's real estate market experiences a boost in property registrations and revenue despite unchanged RR rates, indicating a shift towards high-value transactions.
Top Stock Picks for Short-Term Gains: Bajaj Finserv, HDFC Life, HDFC Bank, and LIC Housing Finance
Market tech analysts Soni Patnaik, Mitessh Thakkar, and F&O analyst Rajesh Palviya recommend these stocks for short-term gains.
3 Financial Stocks Show Promise, Real Estate Overhyped: Samir Arora
Samir Arora, Founder of Helios Capital, highlights the potential of some NBFCs and microfinance companies, while expressing concerns about the real estate sector being overdone. He believes that HDFC Bank, Kotak Bank, and Bajaj Finance, which have underpe
NBT Office Relocation and Pune Book Festival Expected to Draw 7.5 Lakh Visitors
The National Book Trust (NBT) is set to shift its office to the city, a move that coincides with the highly anticipated Pune Book Festival. The festival, expected to attract 7.5 lakh visitors, is a significant cultural event that showcases a wide array of
Metro Brands Promoters Acquire Five Luxury Apartments in Mumbai's Worli for ₹405 Crore
The promoters of footwear retailer Metro Brands have made a significant investment in Mumbai's luxury real estate market by purchasing five apartments in the Worli area for ₹405 crore. These apartments are located in one of the city's tallest buildings, P
Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance
A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans