MediumPositive
Announced Mon, 29 Jun · 17:54 IST

Omaxe to invest Rs 6,200 cr to build 19 hotels in 5 states

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AI summary

Real estate developer Omaxe announced plans to invest around Rs 6,200 crore to construct 19 hotels across 5 states in India. The move marks a significant expansion into the hospitality sector by the company. The investment is expected to be executed over a planned development timeline across multiple locations.