Omaxe buys 450-acre land in Indore, to invest Rs 1,200 crore

Omaxe Ltd is set to develop a 450-acre integrated township in Indore with a Rs 1,200 crore investment. The project is expected to generate Rs 2,500 crore in revenue over three years, funded through internal accruals. This township will feature residential, commercial, educational, and healthcare facilities.