
Omaxe Ltd Subsidiary Receives RERA Registration in Four Residential Projects in Mohali, Punjab
Omaxe Ltd's wholly owned subsidiary, M/s. Omaxe New Chandigarh Developers Private Limited, has received RERA Registration Certificates in four of its residential projects situated at Mohali, Punjab. The projects, Integrated Residential Township Phase 6, Integrated Residential Township Phase 6A, Integrated Residential Township Phase 6C, and The Retreat, are granted subject to certain standard conditions. The RERA registration enhances credibility, ensures timely delivery, and fosters trust with buyers by guaranteeing transparency and legal protection. This approval enables the subsidiary to sale, transfer, or advertise the projects, ultimately strengthening the brand value and positively impacting the consolidated financial performance of the Company.
Key Highlights
- Omaxe Ltd's subsidiary receives RERA Registration Certificates in four residential projects.
- Projects are situated at Mohali, Punjab and named Integrated Residential Township Phase 6, Integrated Residential Township Phase 6A, Integrated Residential Township Phase 6C, and The Retreat.
- RERA registration enhances credibility, ensures timely delivery, and fosters trust with buyers.
- Approval enables subsidiary to sale, transfer, or advertise the projects.
- Positively impacts the consolidated financial performance of the Company.