Omaxe to develop residential projects in Dubai

New Delhi: Real estate company Omaxe announced its foray into Dubai market through its wholly owned new subsidiary Rohtas Holdings (Gulf) Ltd. “The subsidiary has also ventured, by way of acquisition/joint venture through special purpose vehicles, into construction of two residential projects entailing total cost of Rs 2,850 crore,” a company release said.

Mr Rohtas Goel, Chairman and Managing Director of Omaxe Ltd, said, “Our two projects in Dubai will provide our consumers a new option and to all others an investment opportunity in Dubai.”