Omaxe has executed a concession agreement with the North Delhi Municipal Corporation (NMDC) for redevelopment and reconstruction of multi-level car parking at Gandhi Maidan, Delhi.
The car parking project will spread over 4.6 acre of land with a lease period of 99 years. The project has a construction period of three years and revenue period of five years. The area that will be developed for the project is 10,65,996 sq ft.