Emaar India Launches Rs 400 Crore Elite Oasis Housing Project in Lucknow
Emaar India, part of Dubai-based Emaar Properties, is investing Rs 400 crore in a new housing project called 'Elite Oasis' in Lucknow, offering 194 luxury apartments.
Emaar IndiaLucknowReal EstateElite OasisHousing ProjectReal Estate NewsJun 02, 2025
The project spans 2.923 acres and will feature 194 units, ranging in price from Rs 2.75 crore to Rs 4.15 crore. This investment underscores Emaar's commitment to expanding its footprint in the Indian real estate market, particularly in key cities like Lucknow.
Kalyan Chakrabarti, CEO of Emaar India, stated, “Emaar is renowned for its world-class architecture and skyscrapers. In Lucknow, we will leverage this expertise to launch our first group housing project, catering to the aspirations of people looking for a world-class lifestyle.”
Emaar India is part of the Dubai-based Emaar Properties, a global leader in real estate development. The company has a diverse portfolio of projects in various cities across India, including Delhi-NCR, Mohali, Indore, and Jaipur. The 'Elite Oasis' project in Lucknow is a strategic move to tap into the growing demand for luxury housing in the region.
The development of 'Elite Oasis' will not only boost the local real estate market but also contribute to the overall economic development of Lucknow. With its focus on quality and innovation, Emaar India aims to set new benchmarks in the Indian real estate sector.
Emaar India's investment in the 'Elite Oasis' project is a testament to the company's confidence in the Indian market and its commitment to delivering world-class living experiences to its customers. The project is expected to attract a wide range of homebuyers, from young professionals to established families, looking for premium living options in Lucknow.
The launch of 'Elite Oasis' is a significant milestone for Emaar India and marks the beginning of a new era of luxury living in Lucknow. With its strategic location, world-class amenities, and premium design, the project is poised to become a landmark development in the city.
Emaar India's expansion into Lucknow is also a positive sign for the local economy, as it is expected to create numerous job opportunities and stimulate growth in related industries. The company's commitment to delivering high-quality projects will likely set a new standard for real estate development in the region.
In conclusion, the 'Elite Oasis' project in Lucknow represents a major step forward for Emaar India and the Indian real estate market. The investment of Rs 400 crore in this luxury housing project is a clear indication of the company's long-term vision and its dedication to providing world-class living experiences to its customers.
Frequently Asked Questions
What is the total investment for the 'Elite Oasis' project in Lucknow?
The total investment for the 'Elite Oasis' project in Lucknow is Rs 400 crore.
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 the 'Elite Oasis' project?
The price range for the units in the 'Elite Oasis' project is Rs 2.75 crore to Rs 4.15 crore.
Where is the 'Elite Oasis' project located in Lucknow?
The 'Elite Oasis' project is located in the Gomti Nagar Extension area of Lucknow.
What other cities does Emaar India have projects in?
Emaar India has projects in Delhi-NCR, Mohali, Indore, and Jaipur, in addition to the new project in Lucknow.
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