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Omaxe raises Rs 450 crore from Kotak Mahindra, gives exit to Varde partners

Omaxe Group is currently developing integrated townships in New Chandigarh, Lucknow, Ludhiana, Indore, and Faridabad. The realty company is also developing a multilevel parking and commercial project in PPP model with North Delhi Municipal Corporation in Chandni Chowk, Delhi, scheduled for delivery in this fiscal. ....

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Realty firm Omaxe closes Rs 440-crore loan from Credit Solution before time

Omaxe has secured new financial assistance totalling Rs 450 crore from Kotak Mahindra Bank Limited and out of this amount, Rs 290 crore has been utilized to repay the facility initially obtained from Varde Partners and the remaining Rs 160 crore will be allocated for development of its projects. ....

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Gandhi name included in Chandni Chowk multi-level parking lot; builder reinstalls new signages

The area on which the parking lot was built was earlier known Gandhi Maidan. ....

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Delhi BJP urges MCD to restore Mahatma Gandhi's name in Old Delhi parking, mall | Delhi News

The BJP minister has urged the MCD Commissioner and Mayor to reinstate the name Gandhi Maidan on the Mall's board ....

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Omaxe plans to invest close to Rs 4,000 cr in Tier II, Tier III cities in next four years

The company is planning forays into smaller towns over the next few years. The projects will be a mix of residential and commercial ventures, in Tier II cities where the company sees greater scope. ....

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