Omaxe to Invest Rs 28 Bn in Real Estate under New Brand BeTogether
ECONOMY & POLICY

Omaxe to Invest Rs 28 Bn in Real Estate under New Brand BeTogether

Realty firm Omaxe Group announced its plan to invest Rs 28 billion in developing projects under its newly launched brand, BeTogether. According to a regulatory filing, the brand aims to reshape urban and economic development through collaborative real estate initiatives.

BeTogether will focus on joint ventures, collaborations, and developments through the Public-Private Partnership (PPP) model. Its current project portfolio includes the joint venture initiative, BeTogether Centre Point Vrindavan. Additionally, the brand is collaborating with the Uttar Pradesh State Road Transport Corporation (UPSRTC) on multiple PPP projects to upgrade bus terminals in key cities such as Lucknow, Ghaziabad, Kaushambi, Ayodhya, Amausi, and Prayagraj.

With 37 years of experience, Omaxe has expanded its presence across 31 cities in eight states of North and Central India, delivering more than 1,350 square feet of developed area.

News source: The Economic Times

Realty firm Omaxe Group announced its plan to invest Rs 28 billion in developing projects under its newly launched brand, BeTogether. According to a regulatory filing, the brand aims to reshape urban and economic development through collaborative real estate initiatives. BeTogether will focus on joint ventures, collaborations, and developments through the Public-Private Partnership (PPP) model. Its current project portfolio includes the joint venture initiative, BeTogether Centre Point Vrindavan. Additionally, the brand is collaborating with the Uttar Pradesh State Road Transport Corporation (UPSRTC) on multiple PPP projects to upgrade bus terminals in key cities such as Lucknow, Ghaziabad, Kaushambi, Ayodhya, Amausi, and Prayagraj. With 37 years of experience, Omaxe has expanded its presence across 31 cities in eight states of North and Central India, delivering more than 1,350 square feet of developed area. News source: The Economic Times

Next Story
Infrastructure Transport

NHAI to Upgrade Tamil Nadu Highways

To reduce congestion on key national highways in Tamil Nadu, the National Highways Authority of India (NHAI) has planned capacity upgrades for at least eight highway stretches. The improvements will include bypasses, flyovers, and four-laning in Salem, Coimbatore, Tiruppur, Nilgiris, and Cuddalore. NHAI has invited tenders to appoint consultants for preparing detailed project reports (DPRs) on these expansions. The affected highways include NH-181, NH-81, NH-532, NH-85, and NH-136. Proposed Upgrades Across Highways - NH-181 (Coimbatore-Gundlupet Route): This stretch will see four bypasses an..

Next Story
Infrastructure Transport

Ludhiana-Bathinda Highway Revived as NHAI Invites Bids

The Ludhiana-Bathinda highway project, initially stalled due to land acquisition issues, has been revived as the National Highways Authority of India (NHAI) invites fresh bids to resume construction. The project, part of the Ludhiana-Ajmer Economic Corridor, is estimated to cost Rs 24.61 billion and will be executed in two phases. Package 1, covering 30.03 km, has a budget of Rs 9.06 billion, while Package 2, spanning 45.25 km, is set to cost Rs 15.55 billion. The NHAI had previously withdrawn the project due to unavailability of land. However, intervention from Union Minister for Road Trans..

Next Story
Infrastructure Urban

Dilip Buildcon Wins Rs 460M Arbitration

Infrastructure major Dilip Buildcon has secured an arbitration award of Rs 460 million against the National Highways Authority of India (NHAI) over delays and breaches during the execution of a highway project in Karnataka. The dispute pertains to the Rehabilitation and Upgradation of the Kerala Border to Kollegala Section of NH 212, awarded to Dilip Buildcon under an Engineering, Procurement, and Construction (EPC) agreement dated June 6, 2014. The project involved two-lane expansion with paved shoulders and four-lane development under the National Highways Development Project (NHDP) Phase IV..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?