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Omaxe to set up Rs1,200 cr township in Raipur

Omaxe to set up Rs1,200 cr township in Raipur
PTI
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First Published: Mon, Feb 25 2008. 12 24 PM IST
Updated: Mon, Feb 25 2008. 12 24 PM IST
Mumbai: Real estate company Omaxe Monday said it will set up a township at Raipur in Chhattisgarh with a project value of Rs1,200 crore.
Omaxe has won the bid from Naya Raipur Development Authority, Chhattisgarh to build the township, which would include residential and commercial buildings, golf villas and a hotel, the company said in a filing to the Bombay Stock Exchange.
The project would be built on over 400 acres at Naya Raipur, capital city of Chhattisgarh, the company informed.
Shares of the company were trading at Rs257 in mid-session, up 0.65% on the BSE.
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First Published: Mon, Feb 25 2008. 12 24 PM IST