Omaxe - HUDA accepts Bid

Omaxe Ltd has informed that Hyderabad Urban Development Authority has accepted the bid of M/s. Eden Buildcon Pvt Ltd (Wholly owned Subsidiary of the Company) for 25 acres of land situated at Kokapet Area in Hyderabad in an "Auction of Premium Plots for Multipurpose Use" in an open auction cum sealed tender basis. The Project is for multipurpose use like Commercial / IT Park / Shopping Mall / Residential etc. and the approximate project value is in the range of Rs 1600 Crores to 1800 Crores.