Omaxe to sell pie to PEs in mass-housing project

Article Date : 22 July 2008

Omaxe Ltd, the New Delhi-based realtor, is in “advanced talks” to raise funds for its ambitious affordable housing project from private equity investors, a source close to the development said. However, the financial stake sale plan could not be ascertained immediately Omaxe did not immediately comment on the issue. “Omaxe is in talks with some PE...

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Omaxe to sell pie to PEs in mass-housing project

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