Emaar India to Invest ₹400 Crore in Elite Oasis Residential Project in Lucknow

Emaar India has announced a new premium housing project in Lucknow. The company will invest around ₹400 crore to develop its first high-rise residential project in the city. This move shows growing demand for luxury homes in Lucknow.

The project, named Elite Oasis, will be located in Gomti Nagar Extension. This area is known for its fast development and good infrastructure, making it a preferred location for homebuyers.

Project Details and Configuration

Elite Oasis will be built on 2.923 acres and will include 194 premium residential units. The project will offer spacious 3BHK + U and 4BHK + U apartments designed for modern living.

The price of 3BHK units will range from ₹2.75 crore to ₹2.90 crore. The 4BHK units will be priced between ₹3.87 crore and ₹4.15 crore. The company expects to generate around ₹650 crore in revenue from this project.

Prime Location with Scenic Views

One of the key highlights of Elite Oasis is its location. The project offers beautiful views of Gomti Greens on one side and the Gomti River on the other. This provides residents with a peaceful, premium living experience.

The project is well-connected to key parts of the city. It is located around 17.7 km from Lucknow airport and about 10.2 km from Gomti Nagar railway station. This makes travel easy for residents.

Modern Amenities and Lifestyle Features

Elite Oasis will offer a modern lifestyle with high-end amenities. The project will have a large clubhouse with a built-up area of around 2,870 square metres. Residents will get access to spaces for fitness, relaxation, and social activities.

The homes are designed to offer comfort, space, and modern features. The project focuses on providing a world-class lifestyle to those seeking premium housing in Lucknow.

Company Vision and Expansion

Speaking about the project, Kalyan Chakrabarti said that the company is excited to launch its first group housing project in Lucknow. He added that the project reflects Emaar’s focus on quality construction and modern design.

Emaar India is part of Emaar Properties, a global real estate brand known for premium developments. With this project, the company aims to raise living standards in Lucknow to international levels.

The launch of Elite Oasis marks an important step in Emaar India’s expansion into new markets. It also highlights the growing demand for luxury homes in tier-2 cities like Lucknow.