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New executive committee set for Emaar MGF

No Comments Sub Category:Apartment News,Commercial Real estate,Real estate trends,Realty News Posted On: Apr 02, 2012

Emaar MGF has formed a four member executive committee for taking all major decisions. The only nominee of the Indian partner is MGF CEO Mehar Karan Singh.

According to the Emaar MGF spokesperson this formation will not effect the present management control of the venture.

The joint venture of Emaar and MGF have invested for construction of integrated township including residential apartments in Delhi region as well as in different city and regional level.

The Dubai based Emaar owns 43.49% state in the joint venture while the MGF group owns 51.44%

More related story:

First real estate bulk deal in Delhi NCR

Source : Economic Times

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Builders in India, Emaar MGF, Integrated township, joint venture of Emaar and MGF, MGF CEO, real estate builders, realty builders in India, residential apartments in Delhi

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New executive committee set for Emaar MGF

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