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Omaxe sets target to become debt-free by second quarter of FY23

In terms of financials, we have sold enough space to cover the entire project cost, which is Rs 1,200 crore. We have not taken any debt for this. It has started to give surplus. Delhi-based real estate developer Omaxe is building a multi-level parking-cum-commercial project in Chandni Chowk. The company’s CEO Mohit Goel told FE’s Rishi Ranjan Kala that company’s strategy of investing in large integrated townships is bearing fruits. What is Omaxe Chowk’s progress? How have you secured the …