New Launch7 Oct 2025, 02:54 pm
Omaxe Ltd Subsidiary Receives RERA Registration for Gardenia Floors Phase 2 in Punjab
AI Summary
Omaxe Ltd announced that its wholly-owned subsidiary, M/s. Omaxe New Chandigarh Developers Private Limited, has received the RERA Registration Certificate for its project 'Gardenia Floors Phase 2' in New Chandigarh, Punjab. The registration was granted by the Punjab Real Estate Regulatory Authority (Punjab RERA) and is valid till 11-12-2029. This approval enables the subsidiary to sale, transfer, or advertise the project, and is expected to strengthen the brand value and positively impact the consolidated financial performance of the company.
Key Highlights
- Omaxe Ltd subsidiary received RERA Registration for Gardenia Floors Phase 2 in Punjab.
- Registration granted by Punjab Real Estate Regulatory Authority (Punjab RERA).
- Valid till 11-12-2029 and enables the subsidiary to sale, transfer, or advertise the project.
- Expected to strengthen the brand value and positively impact the consolidated financial performance of the company.