Hyderabad, May 30 (UNI) EmaarMGF Land Ltd, one of India's leading real estate developer, today announced the launch of Boulder Hills Golf and Country Club, an integrated world class leisure and residential community in the city, with a capital outlay of Rs 5,610 crore.
Boulder Hills, planned and developed in partnership with APIIC, had an 18-hole championship golf course, luxury residences, large format retail facility, luxury and boutique hotels and IT park, spread across 531 acres. The project would be constructed by Multiplex Construction India Pvt Ltd, an equal joint venture construction company between Emaar MGF and Multiplex Limited.
The launch marked the roll out of Emaar MGF's ambitious project plans spanning residential, commercial and retail, IT parks and SEZs, and hospitality sectors over the next few years at ten locations across South India. The company proposed to develop over 31 million sq ft across ten locations in South India with a planned investment of US Dollar three billion.
In a statement here, EmaarMGF CEO William R Rattazzi said South India, particularly Andhra Pradesh, is a major driver of the country's economy and our presence here is aligned towards making a significant difference to real estate sector through the development of world-class structures of such quality, size, scale and magnitude.'' UNI VA GD SM1712