Omaxe’s wholly owned subsidiary -- MR Real Estate has incorporated wholly owned subsidiary in the name of Estatelance Developers. Estatelance Developers is incorporated to carry on the business of real estate development, the business of builders, real estate-developers, contractors, sub-contractors, dealers and to enter into contracts and arrangements of all kinds with builders, tenants, occupiers and others, land development, service apartments, serviced plots, constructions of residential and commercial premises. Nature of consideration is 100% subscription to the paid up share capital through Banking channel.
Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.
