Omaxe to set up Rs1,200 cr township in Raipur
Omaxe to set up Rs1,200 cr township in Raipur
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.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!