India, Jan. 26 -- Emaar India will invest close to Rs.1600 crore in its new luxury project, Urban Ascent, in Gurugram and expects a revenue of Rs.3400 crore from sales, the company has said.

The projectspread over 9.164 acres, is located at Sector 112 on Dwarka Expressway in Gurugram. The company will be developing close to 800 apartments in the project. Urban Ascent offers a range of 3- and 4-bedroom residences to suit diverse customer needs. According to a statement, it has easy access to Gurugram and Delhi. Apartment prices range from Rs.3.52 crore to Rs.5.47 crore, excluding GST, common area maintenance charges, registration, and stamp duty. The company said the project is expected to be delivered in six years."We are excited to laun...