Emaar India, a subsidiary of Dubai-based realty developer Emaar Properties, has announced that its CEO Ajay Munot has resigned from the company to pursue personal interests.
Ajay Munot had joined the company in August 2019 and was earlier the CEO of Adani Realty.
Emaar India will be managed by Hadi Badri, who heads Emaar’s international business, until further notice, the company said.
Emaar started its business operations in India in 2005. It has created a portfolio of world-class living spaces and work environments in Gurugram, Delhi, Mohali, Lucknow, Jaipur, Indore and Chennai. Since inception, the Company has developed over 11,500 residential and commercial units and currently 8,500 units are under development.
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