Real estate company Omaxe plans to invest ₹1,200 crore in a new integrated township project in Indore, expected to generate ₹2,500 crore in revenue over three years.
Funding for the project will be primarily through internal accruals.
The new township is strategically located in a rapidly developing area and will offer a mix of residential, commercial, and other public amenities.
Omaxe has a strong presence in Madhya Pradesh with existing and upcoming projects in Indore, Ujjain, and Ratlam.