• News by Month

  Select Month February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006

• News by City

  • Bangalore
  • Chennai
  • Delhi
  • Faridabad
  • Gurgaon
  • Hyderabad
  • Kolkata
  • Mumbai
  • Noida
  • Pune

• News by Category

  • NRI
  • FDI
  • Home Loans
  • Real Estate India
  • Banking and Finance
  • Real Estate Developers

« Banks Planning to Withdraw Special Home Loan Schemes | Home | SBI’s 8% Home Loan Scheme will End on November 8th »

Omaxe Prepays Rs 990 Million Debt

Omaxe, amongst the large real estate development companies in India, today announced that it has now prepaid the balance amount of Rs 990 million in full alongwith the interest due thereon, which was, otherwise, repayable on Dec. 4, 2010. The company had prepaid Rs 2.01 billion from time to time.

Omaxe had availed a term facility of Rs 3 billion from Indiabulls Financial Services on Dec. 4, 2007 for a period of three years. Omaxe`s ventures in the real estate business include developing integrated townships, group housing, shopping malls, multiplexes, hotels, resorts, IT parks, biotech parks and SEZs. The company in a short span of five years has completed and delivered 10 projects consisting of eight residential and two commercial projects covering approximately 5.13 million sq. ft. area. Shares of the company gained Rs 0.7, or 0.71%, to trade at Rs 98.65. The total volume of shares traded was 134,361 at the BSE

News Published Under:   Real Estate Developers | No Comments »

Comments

Name (required)   

Mail (required)      

URL