Emaar MGF, one of India's leading premier real estate developers, today signed an agreement with the Government of Uttarakhand, for designing, constructing and operating/ managing a five star hotel and convention centre in Dehradun. The five star hotel property and the convention centre is part of an integrated facility comprising retail and entertainment space spread across 10 acres of land and has been planned with an investment of Rs. 200 crores over 2 years.

Emaar MGF – India’s leading real estate developer today announced a 50:50 Joint Venture with Premier INN – a subsidiary of Whitbread PLC, UK’s largest hospitality company.

Marks the beginning of Pan India footprint across mega projects in Residential, Commercial & retail, IT parks & SEZ’s, Hospitality, Healthcare and education sectors.

Powered by strategic acquisitions / expansion and supported by robust sales within the region, global property developer Emaar Properties PJSC has recorded an impressive growth of 35 per cent in annual profits for the year ended December 31, 2006 compared to year 2005.

Investment of US$300 million to develop 100 budget hotels in two phases Total roll out of 10,000 hotel rooms to cater for growing budget sector.