Delhi-based real estate major Omaxe will develop a theme township on 393 acre at Naya Raipur - the capital city of Chattisgarh. The Omaxe Golf Theme Township will be developed at a cost of Rs 1,800 crore.
Omaxe is one of the India's largest real estate and construction firms with operations in 31 cities. It has developed residential and commercial real estate projects ranging from integrated toxnships, group housing, office/commercial spaces, shopping malls, hotels, IT and bio-tech parks to special economic zones.
It has already developed nearly 5.59 million sq ft of residential and commercial space. Currently, Omaxe is working on 55 residential and commercial projects comprising 24 group housing projects, 16 integrated townships, 14 shopping malls, commercial complexes and hotels.
Omaxe won the project in an auction. It consists of an 18-hole Golf course, a hi-end golf resort, golf villas and apartments and other residential and commercial buildings.
Work on the township will commence shortly. Company chairman Rohtas Goel said it will mark the beginning of company's initiative in Chhattisgarh. Being the first premier township in Raipur, it will be a landmak project in the area.
Courtesy: Wednesday T.O.I 27 February
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