The Company was incorporated as Emaar MGF Land Private Limited on February 18, 2005. In August 8, 2007, the Company became a public limited company and company name was changed to Emaar MGF Land Limited.
Emaar MGF Land Limited ('Emaar MGF' or the 'Company') is a joint venture between EmaarProperties PJSC ('Emaar') of Dubai and MGF Development Limited ('MGF') of India. Emaar is one of the world's leading real estate companies - having developed approximately 50 million square feet of real estate across residential, commercial and other business segments and with operations in 16 countries, as of December 31, 2007. MGF has over the last 10 years established itself as one of the key players in retail real estate development in Northern India.
The company has commenced operations in India in February 2005. The company primary business is the development of properties in the residential, commercial, retail and hospitality sectors. In addition, the company has also identified healthcare, education and infrastructure as business lines for future growth. The company operations span across various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution.
MGF is engaged in the field of real estate development in North India. It is currently one of the leading shopping mall developers in North India, with approximately 2.0 million square feet of retail space having been delivered and almost approximately 3.0 million square feet of retail space under development as of June 30, 2007.
As of December 31, 2007, the company has having Land Reserves across India approximating 13,024 acres.