Tag: Omaxe

Next AIIMS Building By Omaxe

April 19, 2010 Omaxe, one of the leading real estate construction and development company has come up with a Rs 64.8 cr project. This project is the All India Institute of Medical Sciences (AIIMS) which will be constructed at Rishikesh, Uttarakhand. Mr. Rohtas Goel, the Chairman and Managing Director of Omaxe also added that the […]

Indian developers set sights on Sri Lanka

Sri Lanka is taking small steps to revitalize its shabby forty billion dollar economy. Delegates from the Sri Lanka board of investment met officers from real estate giants for investments and have liberal rules governing businesses. It aims to spend twenty million dollar in encouraging the nation for global tourists. Ravi Puravankara, MD-Puravankara group, said, […]

Omaxe to develop Hi-Tech Township in Lucknow

Omaxe Ltd. is going to develop a Hi-tech township spread over about 2700 acres in Lucknow the city of nawabs. Garv Buildtech Private Ltd, a subsidiary of Omaxe, has entered into a MoU to develop the said Hi-tech Township in Lucknow. The Hi-Tech Township which is expected to yield estimated revenue of over Rs 2800 […]

Builders under pressure as buyers force for refund

Some of India‚Äôs largest real estate firms such as DLF, Unitech, Omaxe and Parsvnath that launched multiple projects at the peak of the real estate boom are now under pressure from buyers and investors who look to exit these projects. Already in a difficulty due to unavailability of bank loans and a fall in sales, […]

Housing Demand Fall In Small Towns

Slump in the residential real estate sector in tier-1 cities seems to have spread over to tier-2 and tier-3 cities. Housing demand in small cities got down by 25% during February-July this year because of higher cost of borrowing. Besides rising cost, unavailability of inputs and power shortage also cause excessive delays in project completion. […]

Delhi Slums Propose Huge Business To Realtors

Delhi Development Authority (DDA) is firming up an elaborate plan for slum redevelopment projects in the capital. It has appointed consultants to prepare reports on the redevelopment of 30 slum clusters. The developer is expected to build houses for the slum dwellers and in return gets a portion of the total space for development which […]

Downtrend In Realty Sector

MUMBAI: When the Indian economy was on an upswing, brokerage and real estate stocks were said to be the darlings of equity bourses. When the going was good, some also made their debut on stock exchanges and were a big hit with the investing community. Never mind the fact that some of these stocks were […]