Emaar India now plans to foray into the Mumbai real estate market and invest Rs 2,000 crore in the next few years. The company on 21 October, 2024 launched a villa project in Alibag near Mumbai. 

The company plans to launch the project named 'Casa Venero' with 84 villas across 25 acres of land parcel. The project will be located near Kihim Beach in Alibag with sizes ranging from 5,120 sq ft to 3,314 sq. ft. Units are priced from Rs nine crore to Rs 15 crore. The revenue potential from the project is likely to be around Rs 700 crore.

Located just 20 mins away from the Mandwa jetty in Alibag, this project is positioned as a weekend /holiday home with amenities spread across 80,000 plus sq. ft. Situated within a gated and secured exclusive community, the exclusive villa owners will have access to clubhouse, common green areas such as wellness lawn, sculpture garden, reflexology path, kids play area, butterfly garden, open amphitheatre and hammock garden. The project will boast plantation of 1,000 plus trees and will offer a green retreat to the residents.

In Mumbai, Emaar India is looking to develop projects in the mid and luxury segment, while also being open to redevelopment projects of old buildings. The company is present in India since 2005 and active in cities like Gurugram, Mohali, Indore, Lucknow, Hyderabad.