
Deals24 Mar 2025, 11:59 pm
Omaxe Ltd Subsidiary Granted License by DTCP Haryana for Affordable Residential Plotted Colony
AI Summary
Omaxe Ltd announced that its wholly owned subsidiary, Omaxe Forest Spa & Hills Developers Ltd, has been granted a license by the Directorate of Town & Country Planning, Haryana. The license no. 30 of 2025 in Form LC-V allows the subsidiary to set up an Affordable Residential Plotted Colony under Deen Dayal Jan Awas Yojna-2016 at Palwal, Haryana, over an area of 9.191 acres. This approval boosts Omaxe Limited’s market position, accelerates revenue growth, enhances its brand image, and offers long-term strategic and financial advantages.
Key Highlights
- Omaxe Forest Spa & Hills Developers Ltd has been granted a license by the Directorate of Town & Country Planning, Haryana.
- The license allows the subsidiary to set up an Affordable Residential Plotted Colony under Deen Dayal Jan Awas Yojna-2016 at Palwal, Haryana.
- The area of the proposed development is 9.191 acres.
- This approval is expected to boost Omaxe Limited’s market position, accelerate revenue growth, enhance its brand image, and offer long-term strategic and financial advantages.