Omaxe bags project from DDA to develop sports complex, retail project in Dwarka

25 Aug 2022 Evaluate

Omaxe has bagged a project from Delhi Development Authority (DDA) to develop a sports complex and retail project at Dwarka in the national capital at a cost of Rs 2,100 crore. The company has secured this 50-acre project from the Delhi Development Authority (DDA) under the ‘Design Build Finance and Operate’ model. It will build both outdoor and indoor sports facilities. A large cricket-cum-football stadium is also being planned, besides a retail area. The total investment is estimated at about Rs 2,100 crore, of which Rs 1,300 -1,400 crore will be on sports complex and the rest on retail area.

Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.

Omaxe Share Price

90.65 8.20 (9.95%)
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