March 19, 2018 11:05 AM ET

Real Estate Management and Development

Company Overview of MGF Development Limited

Company Overview

MGF Development Limited engages in the retail real estate and property development in India. The company develops shopping malls, retail space, condominiums, and residential properties. It also operates as an automobile dealer of Hyundai. The company is based in New Delhi, India.

MGF House

17-B Asaf Ali Road

New Delhi,  110 002


Founded in 1996


91 11 4232 2200


91 11 2327 5483

Key Executives for MGF Development Limited

Vice President of Services - MGF Hyundai
General Manager of Operations - MGF Toyota
General Manager of Services - MGF Hyundai
General Manager of Sales - MGF Hyundai
Vice President of Services - MGF Hyundai
Compensation as of Fiscal Year 2017.

MGF Development Limited Key Developments

Emaar Properties PJSC Decides to Part Ways with MGF Development

Emaar Properties PJSC has decided to part ways with MGF Development. The joint venture (JV) will now be vertically split into two with one part managed by Emaar and the other by MGF. The allocation of various projects of the JV in each of the verticals will be based on the understanding reached between the two parties. Emaar Properties, which owns a 48.86% stake in the joint venture in addition to loans and guarantees of about $500 million, is likely to have a bigger share in the pie.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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