Shri Jai Prakash, Chairperson, Standing Committee, North Delhi Municipal Corporation, has stated that the Corporation is committed to the development of Chandni Chowk, Delhi. He further said that he is committed to providing hassle-free parking, facilitating traffic jams-free roads and decongestion through removing encroachments and unauthorized parking from the roads for the benefit of pedestrians and shoppers. He also complimented Omaxe Group for doing the commendable work of the proposed parking cum commercial centre and expressed satisfaction on the ongoing progress.
"North Delhi Municipal Corporation has undertaken various initiatives for the betterment of common people. Ensuring decongestion and providing a hassle-free parking service is our priority. Today, we had a meeting with relevant stakeholders, including Omaxe, wherein all of them provided necessary inputs. Omaxe, as an organization, is committed to fulfilling our broader objectives and we believe that its project will be instrumental in uplifting and transforming the physical and social infrastructure of Chandni Chowk," Shri Jai Prakash, Chairperson, Standing Committee, North Delhi Municipal Corporation, said.
Omaxe's project is being constructed on 18,524 sq. meters at a cost of INR 1000 crores on a public-private partnership model. The eight level building including three basements will have parking capacity for 2265 cars and 81 tourist buses. It will immensely benefit the shop-owners of micro-markets including Chawri Bazaar, Kinari Bazaar, Khari Baoli, Nai Sadak and Dariba Kalan.
Shares of OMAXE LTD. was last trading in BSE at Rs.158.5 as compared to the previous close of Rs. 155.85. The total number of shares traded during the day was 86244 in over 836 trades.
The stock hit an intraday high of Rs. 165 and intraday low of 154.75. The net turnover during the day was Rs. 13507343.