Adani Group is in advanced talks to acquire Emaar India for $1.5 billion, enhancing its real estate portfolio in India
Billionaire Gautam Adani is leading discussions to buy Emaar India through his conglomerate at a deal price of $1.4 to $1.5 billion. Emaar Properties wants to simplify its real estate positions, which is why it plans to sell an interest in its Indian subsidiary through this transaction. Both parties have yet to validate the deal, yet information shows that discussions about this acquisition are moving forward.
Adani Group’s Expanding Real Estate Footprint in India
The real estate divisions of Adani Group including Adani Realty and Adani Properties currently operate in this sector across India and seek to expand their holdings by potentially acquiring Emaar India. The organization has completed essential redevelopment work such as Dharavi redevelopment in Mumbai and now stands among the leading companies in urban revitalization activities.
The real estate division of Adani Group develops residential and commercial properties throughout central urban territories in India and stands as the leading developer in the nation. The Emaar India acquisition will strengthen the group in the market while expanding its presence in significant metropolitan areas.
Emaar Properties’ Plans to Exit the Indian Market
Emaar Properties started its Indian real estate venture by partnering with MGF Development in 2005. After the dissolution of its business partnership with the joint venture in 2016, Emaar India maintains independent business operations. Emaar Properties holds diverse residential and commercial real estate in Delhi-NCR and Mumbai while developing units in Mohali, Lucknow, Indore, and Jaipur.
As part of its market strategy, Emaar Properties aims to exit its Indian real estate business. Since early 2025, Indian groups, including Adani, have conducted multiple discussions about the deal, but its final terms remain unknown.
Potential Deal Structure and Future Plans
Sources indicate Emaar Properties wishes to sell part of Emaar India, but they have not determined the stake percentage. The $1.4-$1.5 billion valuation indicates the substantial value of Emaar India’s developmental properties and existing assets.
The Motilal Nagar redevelopment site in Mumbai functions as one of Mumbai’s premier real estate projects, and Adani Group already controls this development alongside other major projects. The proposed deal would reinforce Adani Group’s real estate activities while boosting its standing within India’s property industry.
