Business Economy


Emaar India adds second premium high-rise in Lucknow with Elara's launch

Lucknow, Oct 30 (UNI) Emaar India, the Indian arm of global real estate major EMAAR, has launched ‘Elara’, a premium group housing project at Emaar Gomti Greens in Sector 7 of Gomti Nagar Extension, Lucknow.

The launch of Elara reinforces Emaar’s confidence in Lucknow’s evolving real estate landscape.

Elara is the company’s second project in the premium high-rise residential category in Lucknow, following the successful launch of Elite Oasis that has already received a great response since its launch in the same township of Gomti Greens in June 2025.

Elara is an IGBC Pre-certified Gold project, with construction scheduled to be in full swing, progressing at a robust pace towards completion within the committed timeline of September 2031.

Designed as a G 35 residential tower, Elara is adjacent to the thoughtfully planned Gomti Greens master development. The project has been designed by Ideate Design Studio.

Elara offers premium 3BHK residences across three thoughtfully designed configurations. Planned with a select collection of residences, the tower offers a more exclusive living experience, complemented by thoughtfully positioned apartments offering views of the Gomti River.
The high-rise is located near Shaheed Path and NH-27, with direct road access to the Lucknow airport. The project is close to Ekana Stadium and the banks of the Gomti River. Phoenix Palassio is 1.3 km from the project, and Lulu Mall is 6 km away. Medanta Hospital (6.8 km), Max Super Speciality Hospital (8.3 km) and the Kalyan Singh Super Speciality Cancer Institute and Hospital (6.1 km) are within easy reach.

Speaking about the project, Kalyan Chakrabarti, CEO, Emaar India, said here on Friday, “Elara is built to make a grand statement on Lucknow’s skyline, and it reflects how the city itself is changing. As Uttar Pradesh emerges as one of India’s key growth stories, Lucknow is drawing a new generation of professionals and business families, helped by stronger expressway and air connectivity. These homebuyers weigh design, construction quality and long-term upkeep as closely as price, and that is the standard we have built Elara around. We see Lucknow as a long-term market for Emaar India, and Elara is our commitment to offering its valued customers an elevated lifestyle.”

He said all club and lifestyle amenities are located at podium level, centred around a dedicated clubhouse offering a range of luxury, leisure and wellness experiences. These include a wellness and yoga lawn, an infinity pool overlooking the Gomti River, a children’s swimming pool and a banquet lawn for socialising and recreation.

The project also incorporates sustainability-focused features such as EV charging provisions, enabling customers to seamlessly adopt cleaner mobility solutions and transition towards greener energy consumption.
UNI MBD RSA
More News

Emaar India adds second premium high-rise in Lucknow with Elara's launch

30 Oct 2026 | 2:45 PM

Lucknow, Oct 30 (UNI) Emaar India, the Indian arm of global real estate major EMAAR, has launched ‘Elara’, a premium group housing project at Emaar Gomti Greens in Sector 7 of Gomti Nagar Extension, Lucknow.

see more..

Equitas SFB CEO resigns amid investor concerns over conflict of interest

30 Oct 2026 | 2:17 PM

New Delhi, Oct 30 (UNI) Equitas Small Finance Bank Managing Director and Chief Executive Officer P N Vasudevan has resigned, citing persistent investor concerns over a perceived conflict of interest linked to his daughter's association with a non-banking financial company (NBFC). The resignation comes barely three months after the bank's board extended his tenure until July 2029.

see more..

Govt says IDBI Bank's transparent bidding process added Rs 3,917 Crore to deal value

30 Oct 2026 | 1:33 PM

New Delhi, Oct 30 (UNI) The Ministry of Finance has defended the valuation and bidding process for the strategic sale of IDBI Bank, stating that the procedure followed by the government helped enhance the transaction value by Rs 3,917 crore. The ministry said the Core Group of Secretaries on Disinvestment (CGD) was empowered to take decisions on the final round of bidding and resolve procedural matters to ensure a smooth disinvestment process.

see more..

30 Oct 2026 | 12:17 AM

Mumbai, Oct 29 (UNI) OnEMI Technology Solutions Limited, the parent of loan provider Kissht, today said its profit-after-tax for the quarter ended 30 September 2026 was doubled to Rs ₹125 crore.

see more..

UAE Property Expo in Hyderabad from Oct 31; to feature 25 developers

29 Oct 2026 | 11:23 PM

Hyderabad, Oct 29 (UNI) Around 25 property developers from Dubai, Ajman and Sharjah will participate in the two-day UAE Property Grand Expo 2026 in Hyderabad on October 31 and November 1, showcasing investment opportunities for Indian buyers across different price segments.

see more..