Dubai-based Emaar Properties is now planning to launch private residences, to be called `Armani Residences` designed by Giorgio Armani himself, by its Indian joint venture Emaar MGF Land.
Emaar has recently unveiled 144 Armani Residences at its iconic Burj Dubai development, predicted to be the tallest man-made structure in the world.
Emaar MGF has also chalked out plans to set up the Armani brand of luxury hotels in places like Mumbai, Delhi and Goa. Emaar MGF is expanding aggressively in the hospitality sector of India with several luxury hotels. These could include Armani Hotels & Resorts. Currently, Emaar is evaluating the options of launching an Armani property in the country.
Burj Dubai will host the first Armani Hotel which will be opened in the last quarter of 2008. The Armani Hotel Dubai will include restaurants, 160 guest rooms and suites, and a spa covering more than 40,000 square meters.