Omaxe Group to invest Rs 2,500 crore to develop commercial-cum-sports complex in Delhi, ET RealEstate

September 2, 2024
1 min read
Omaxe Group to invest Rs 2,500 crore to develop commercial-cum-sports complex in Delhi, ET RealEstate


<p>Representative image </p>
Representative image

NEW DELHI: Omaxe Group will be investing over Rs 2,500 crore to develop an integrated commercial-cum-sports complex – The Omaxe State in Dwarka sector 19-B, New Delhi.

Spread over 50.4 acre, the project is being developed in partnership with the Delhi Development Authority (DDA) under a public-private partnership (PPP) model.

The project is expected to be completed by 2027 and to generate over Rs 4,200 crore in revenue during its lifecycle.

  • Published On Sep 2, 2024 at 04:30 PM IST

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