Tag: Omaxe Ltd

Major Realty Firm Now Bids For National Highway Project

August 26, 2008 – 12:52 am

Three large realty firms have placed bids to build and operate stretches of national highways that have come up for auction this year as part of expanding their portfolio to offset a slump in their core business. Unitech Ltd, DLF Ltd and Omaxe Ltd are among several infrastructure companies bidding for the right to build […]

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Omaxe Sees Financing Costs Up 300 Basis Points

July 30, 2008 – 6:35 am

Real-estate firm Omaxe Ltd sees borrowing costs rising by as much as 300 basis points this fiscal year as interest rates in the country rise. Executive Director Vipin Aggarwal said that the firm will raise 5 billion rupees in the year ending March 2009. A deteriorating sales environment for property companies may also weigh, he […]

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