Omaxe to Set up Theme Township

Delhi-based real estate major Omaxe will develop a theme township on 393 acre at Naya Raipur – the capital city of Chattisgarh. The Omaxe Golf Theme Township will be developed at a cost of Rs 1,800 crore. Omaxe has developed residential and commercial real estate projects ranging from integrated townships, group housing, office/commercial spaces, shopping malls, hotels, IT and bio-tech parks to special economic zones.

Omaxe to Develop Budget Hotels

The developer is in talks with US developer Starwood hotels and resorts to develop budget hotels in Tier2 cities in India. The plan is to have at least 9 to 10 budget hotels in the chain which will be built by Omaxe and operated by Starwood.