Emaar MGF Launches Boulder Hills in Hyderabad

Hyderabad, Andhra Pradesh India (PressExposure) June 09, 2008 -- Emaar MGF Land Ltd, one of India's leading real estate developer, announced the launch of ‘Boulder Hills Golf and Country Club', its signature master planned integrated world class Leisure and Residential Community in Hyderabad.

The launch of this project with a capital outlay of US $ 1.4 billion (Rs 5,610 crores), is the first amongst a significant cache of EmaarMGF projects in South India.This launch marks the roll out of Emaar MGF‘s ambitious project plans spanning residential, commercial & retail, IT parks & SEZs, and hospitality sectors over the next few years at ten locations across South India.

The company plans to develop over 31 million sq ft across ten locations in South India with a planned investment of US $ 3 billion.Boulder Hills is replete with an 18-hole championship golf course, luxury residences, large format retail facility, luxury and boutique hotels and an IT Park. The project will be constructed by Multiplex Construction India Pvt Ltd., an equal partnership joint venture construction company between Emaar MGF and Multiplex Ltd. A strategic project planned and developed in partnership with APIIC, Boulder Hills is South India's first Integrated world class Leisure and Residential Community spread across 531 acres situated along Hyderabad's IT and financial corridor of Gachibowli.

Most importantly, the first fully operational 192 acres championship golf course designed by Harradine Golf debuts on the south of the Vindhyas, which adds significantly to the growing sporting infrastructure of Andhra Pradesh.Detailing the strategic milestone for the southern market, William R. Rattazzi, CEO, EmaarMGF, said, "The launch of Boulder Hills is a momentous occasion for all of us as this marks a significant milestone of our growing operations in the southern part of the country...........

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Press Release Submitted On: June 05, 2008 at 4:04 am
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