Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Omaxe looks to rally Rs 400 cr for commercial project

Wednesday, 16 Oct 2019
Share this on :

Realty developer Omaxe is in advanced talks with private equity firms to rally over Rs 400 crore for its commercial project in Delhi. The project is spread over 4.5 acre of land in Chandni Chowk. It is being developed under public private partnership (PPP) mode alongside the North Delhi Municipal Corporation.

The project involves developing a multi-level parking-cum-commercial centre at Gandhi maidan. It is estimated to increase parking capacity to over 2,400 car parks and 81 tourist buses.

Apart from the private equity induction, the company is expected to fund the project through internal accruals of Rs 250 crore and customer advances of up to Rs 400 crore.

Omaxe has already secured all requisite permissions for the project, construction for which started in July 2019 and expected to be completed by December 2021.

The total development under this project is around one million sq ft, of which around 2.5 lakh sq ft will be retail component, while 1.25 lakh sq ft will be dedicated to food and beverage.

Sign up to start your free trial
REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services