Emaar India, part of Dubai-based realty major Emaar Properties, has appointed Prashant Gupta as CEO to strengthen its business and is also streamlining processes to make the organisation more efficient.
When contacted, Emaar India confirmed the appointment of Prashant.
"Emaar India is working to strengthen its business operations to achieve its full potential in India and aspires to build a business that is really admired by all stakeholders in the real estate sector.
"The company has been streamlining processes and adapting its organisation to become more productive and efficient. The company has recently appointed Prashant Gupta as CEO," Emaar India said.
In January this year, the National Company Law Tribunal (NCLT) approved the proposed demerger scheme of Emaar MGF Land, paving the way for two JV partners - Emaar Properties and MGF Development - to go separate ways.
Emaar India has completed about 5,000 units over the last 18 months and plans to give possession of the remaining about 10,000 units within next one and half years.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)