Emaar India unveils ₹400 cr 'Elite Oasis', a high-rise residential project in Lucknow

Emaar India, the Indian arm of UAE-based real estate developer Emaar Properties, has announced the launch of its first high-rise residential project in Lucknow, named Elite Oasis. Situated in Gomti Nagar Extension, the development represents an investment of ₹400 crore, with projected revenues of ₹650 crore.

• Location: Gomti Nagar Extension, Sector-7, Lucknow

• Development Area: Approximately 2.923 acres (11,827 sq. mtrs)

• Structure: 36-storey tower (ground + 35 floors)

• Apartment types: 3BHK + utility and 4BHK + utility

• Unit sizes: 3 BHK units approximately 2640 sq. ft.; 4 BHK units up to 3750 sq. ft.

• Price range: ₹2.95 crore to ₹4.15 crore

• RERA registration: UPRERAPRJ944123/02/2025

• Possession date: November 2029

Moreover, the development will be connected via Shaheed Path Expressway, facilitating easy access to major commercial hubs. The project will further incorporate eco-friendly practices such as rainwater harvesting, waste composting, sewage treatment and plantation of over 150 native trees. These initiatives aim to promote environmental responsibility and sustainable living.

The allotment of units will follow a first-come, first-served basis through a token-based application system, ensuring transparency and fairness for prospective buyers.

Emaar India, established in 2005, is a subsidiary of Emaar Properties, Dubai. The company has a presence in various Indian cities, including Gurugram, Delhi/NCR, Mohali, Indore and Lucknow. Emaar is also renowned for developing the famous Burj Khalifa in Dubai.