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Emerald Leisures gets LoI for development of plot at Swastik Park, Chembur

11 Apr 2026 Evaluate

Emerald Leisures has received a Letter of Intent (LoI) as in principle approval to the scheme for development on plot bearing C.T.S. No. 366/6 (PT) of village Chembur Taluka Kurla u/reg 33(10) of DCPR 2034 situated at Swastik Park, Chembur, Mumbai in M(W) ward, with plot area of 6299 sq.mtrs. The project is expected to yield a carpet area of approximately 1,75,000 sq.ft. with an estimated GDV of Rs 600 crore.

Emerald Leisures has been primarily engaged in the business of sports, club and hospitality services through Club Emerald Sports Complex, Chembur, Mumbai.


Peers
Company Name CMP
The Indian Hotels Co 716.15
ITC Hotels 158.75
Mahindra Holi.&Resor 195.20
EIH 298.00
Chalet Hotels 830.20
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