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Omaxe wins bid for over 5 acres of RLDA land in Ludhiana for Rs 220 crore

The land parcel in the heart of the city acquired from the Indian Railways arm will be developed as a multi-use project.

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Omaxe Group acquires 5 acres of RLDA land in Ludhiana for Rs 220 cr

Omaxe Group acquires 5 acres of RLDA land in Ludhiana for Rs 220 cr
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Ludhiana: Omaxe Group acquires 5-acre land in Ludhiana from RLDA for Rs 220 crore

Real estate company Omaxe Group has acquired a parcel of land spanning over 5 acres in Ludhiana, Punjab, for a total of Rs 220 crore. According to Omaxe, the acquisition was made through a competitive bidding process organized by the Rail Land Development Authority (RLDA).

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Omaxe Group acquires over five acres of land in Ludhiana for Rs 220 crore, ET RealEstate

Ludhiana: The acquisition was finalised at a bidding amount of Rs 220 crore, it added. Omaxe will develop both residential and commercial projects on this land parcel.

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omaxe: Realty developer Omaxe Group resolves family s legal dispute in NCLT Chandigarh and Delhi

Sunil Goel has withdrawn all his complaints and cases following a settlement with his brother, Rohtas Goel. The dispute arose in 2017 when Sunil Goel was removed from the company. The settlement resolves disputes related to shareholding, directorship, control, and management of Omaxe Group companies.

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