Omaxe has received Environmental Clearance (EC) from the Union Environment Ministry for expansion of its township in Mathura, Uttar Pradesh at an investment of Rs 170 crore.
The company is developing an 'Omaxe Eternity township' spread over 58 acres in Mathura. Now, the company plans to expand the size of the township by 37.26 acres taking the total size of the township to 95.10 acres. The company had sought the EC for the expansion as the build-up area is more than 1.5 lakh sq metre even as the expansion is less than 50 hectare.
Omaxe is engaged in real estate activities. The company is engaged in the business of providing infrastructure facilities, which include housing and real estate development.