Omkar Realtors Aided by Lenders-Customers Support Revives Three Mega Residential Projects ANI | Updated: Jan 15, 2021 17:22 IST
Mumbai (Maharashtra)[India], January 15 (ANI/BusinessWire India): Mumbai-based redevelopment firm Omkar Realtors in conjunction with leading private lending institutions Indiabulls and Yes Bank and cooperation from its 3,000-strong customers have put three of its struggling mega residential projects back on track.
The projects with a topline of over Rs 8,000 crore, namely Alta Monte, Signet and Lawns & Beyond located in city s prime micro-markets had been bogged down by liquidity crisis, sluggish demand and covid-induced operational challenges since mid-2019. After a year-long hiatus, construction work at all three sites has resumed in full swing.