Emami Realty, a leading city-based real estate developer, has announced an ambitious investment plan of Rs 4,500 crore in West Bengal, as part of its larger strategy to develop residential and commercial projects across India. The company aims to bolster its presence in the state with the development of seven new projects, which will cover prime locations such as James Long Sarani, Joka, Behala, BT Road near Basanti Cotton Mill, Liluah, and Konnagar.
This investment is part of Emami Realty’s broader vision to inject approximately Rs 10,000 crore into the Indian real estate sector over the next seven years. The Managing Director & CEO of the company, stated that Bengal will receive nearly half of this total investment, reflecting the state’s significance in Emami’s growth strategy. The company’s focus will be on creating high-quality residential spaces, along with a blend of commercial developments to cater to the growing demand for both sectors. The seven new projects in Bengal will complement Emami Realty’s ongoing developments in key urban areas such as Joka, Sector V, and off EM Bypass in Kolkata. These projects aim to cater to both mid-income and premium segments of the market, with a strong emphasis on sustainability and modern living. Kumar confirmed that the company’s upcoming projects will feature eco-friendly designs, energy-efficient systems, and the integration of smart technologies to enhance the living experience for future residents.
In addition to Bengal, Emami Realty is also focusing on other high-potential markets, including Uttar Pradesh, Jharkhand, Odisha, and Tamil Nadu, where it plans to invest an additional Rs 5,500 crore for real estate developments. The overall target revenue from these 12 upcoming projects is projected to be around Rs 15,000 crore, making this one of the largest expansions in the Indian real estate sector in recent years. By focusing on key metropolitan and emerging markets, Emami Realty is positioning itself as a significant player in India’s real estate sector. The company’s strategic expansion not only reflects the growing demand for residential and commercial spaces but also reinforces the industry’s shift towards more sustainable and technologically advanced developments.
