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March 8, 2021
Synopsis “Besides Noida and Greater Noida, the biggest and the most effective positive impact will be seen on the housing, office and retail market of Faridabad which is being connected with expressways, highways and metro rail for easy accessibility,” said Mohit Goel, CEO, Omaxe Ltd. First look: Proposed Jewar Airport passenger terminal in Noida, UP Approval of a 700-acre Electronic City project near the upcoming Noida International Airport by the Uttar Pradesh cabinet will further boost t...
February 23, 2021
Omaxe Chandni Chowk to be pollution-free ANI | Updated: Feb 23, 2021 12:50 IST New Delhi [India], February 23 (ANI/NewsVoir): In view of the alarming air quality in Delhi recording an average AQI (Air Quality Index) of 250, Omaxe Chowk - a multi-level parking-cum-commercial project in Chandni Chowk - will endeavour to maintain AQI level below 50, which is considered in a good range. To achieve the same, Omaxe has signed an MOU with Honeywell Automation Indi...
February 23, 2021
New Delhi [India], February 23 (ANI/NewsVoir): The newest shopping destination in Delhi NCR - Omaxe World Street is catching the fancy of shoppers with thousands visiting this high street shopping destination in Faridabad every day.
February 6, 2021
Budget to put pandemic-hit real estate sector back on track, say experts ANI | Updated: Feb 06, 2021 12:28 IST New Delhi [India], February 6 (ANI/NewsVoir): Indias real estate sector which was engulfed by a global pandemic is now back on road to recovery. With economic activities gearing up, key announcements in the union budget have raised hopes for this sector. Industry leaders are lauding and welcoming decisions taken by Finance MinisterNirmala Sitharama...
February 6, 2021
Budget to put Indias pandemic-hit real estate sector back on track, say experts By: ANI ANI New Delhi: Indias real estate sector which was engulfed by a global pandemic is now back on road to recovery. With economic activities gearing up, key announcements in the union budget have raised hopes for this sector. Industry leaders are lauding and welcoming decisions taken by Finance Minister Nirmala Sitharaman. Eminent experts opine that major budget announcements like tax exemptions on affordable ...
February 3, 2021
RLDA receives nine RFQ bids for New Delhi Railway Station redevelopment project In the next stage RLDA will float the Request for Proposal (RFP) for selected participants who get qualified in the technical process. Rail Land Development Authority (RLDA) has received Request for Quotation (RFQ) bids from nine national and international players for the redevelopment of New Delhi Railway Station. The companies are: Arabian Construction Company, Adani Railways Transport Ltd, BIF IV India Infrastruc...
January 28, 2021
Real estate industry expects big measures from Union Budget 2021 ANI | Updated: Jan 28, 2021 19:03 IST New Delhi [India], January 28 (ANI/NewsVoir): The upcoming Union Budget slated to announce on 1st February 2021 has anticipated the announcements and reforms to augment the business activities across the sectors. The real estate sector is pinning hopes on the Union Budget that might push expediting the sectors growth to the pre-COVID level growth figures. ...
January 20, 2021
NCLT agrees to admit petition filed against real estate major Omaxe Ltd The two-member NCLT bench termed the matter as exceptional and having compelling circumstances against the Delhi-based realty firm. The Chandigarh bench of the National Company Law Tribunl (NCLT) has agreed to admit a petition filed against real estate major Omaxe Group by the former joint managing director Sunil Goel and his wife over alleged acts of "oppression" and "mismanagement". The two-member bench termed the matte...
January 20, 2021
NCLT agrees to hear plea alleging mismanagement in Omaxe SECTIONS Last Updated: Jan 20, 2021, 05:15 PM IST Share Synopsis Terming the matter as "exceptional" and having "compelling circumstances" against the realty firm, a two-member Chandigarh-based NCLT bench has granted the waiver in the filing criteria under Section 244 of the Companies Act, over the plea filed by the Omaxe former joint managing director Sunil Goel and his wife. The NCLT direction came over an application filed by Sunil Goe...
January 19, 2021
NCLT allows former Omaxe promoters petition against forced eviction from board Sunil Goel has alleged that though he was a part of the executive committee, he was not allowed to attend the companys Annual General Meeting wherein resolution to raise Rs 250 crore loan was approved Dipak Mondal | January 21, 2021 | Updated 18:11 IST The Chandigrah bench of the National Company Law Tribunal (NCLT) has granted relief against oppression petition by Sunil Goel, former joint managing director of real ...