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Real Estate Update
Omkar residential project gets Rs 2 bn PE funding
01 Oct 2011
Ajay Piramal backed Indiareit Fund Advisors has invested Rs 200 crore in a Mumbai residential project being developed by Omkar Realtors. The company will use some of this capital for other projects too. Located in Worli, South Mumbai's upmarket locality, Omkar's slum redevelopment project will have two 60 storey residential towers and an office building.