Omaxe to Build Rs 12 Billion Township in Indore

10 Jul 2025 CW Team

Real estate developer Omaxe Ltd has acquired 450 acres of land in Indore, Madhya Pradesh, to develop an integrated township, marking a significant expansion into Tier-II cities. The project will involve an investment of Rs 12 billion and is expected to generate revenue of around Rs 25 billion over the next three years.

In a regulatory filing on Tuesday, the company announced its plans to expand operations in Madhya Pradesh with this acquisition. The development will be carried out in multiple phases and financed through internal accruals.

The planned township will feature residential plots, housing clusters, commercial and retail spaces, hospitality offerings, a school, and healthcare facilities. Omaxe first entered the Madhya Pradesh market in 2005 and has since delivered 15 projects in the state.

Over the past two decades, the company has built a strong presence in Indore, Ujjain, and Ratlam, amassing a land bank of approximately 1,170 acres. It has completed and is currently developing township projects across these cities.

Omaxe, one of India’s leading real estate firms, has established a footprint in 30 cities across eight states in North and Central India. Since its inception, the company has delivered more than 135 million square feet of developed area.

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..