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Omkar Realtors assigns the Slum Rehabilation contract to the Larsen & Tourbo

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Claimed sources to www.propertykhazana.com says, Mumbai based firm Omkar Realtors & Developers has been granted with building agreements exceeding the market value of Rs. 579 Crores to L&T for 3 of its SRA ventures and making this project as one of the big portion of slum rehabilitation in the Mumbai market which will be handed over by the building chief. Out of 3 ventures situated at Worli, Malad and in Parel, the building agreement for the Malad work is valued by Rs. 268 Crores with Worli and Parel ventures at Rs. 137 Cores and Rs. 174 Crores which is granted to Larsen & Tourbo officially. And all the 3 ventures have been given to L&T and will result in total rehabilitation of slum inhabitants. As per the explanation to the www.propertykhazana.com the Managing Director of Omkar Realtors & Developers Mr. Babulal Varma said that, “The verdict to take on the leading construction company is the indication of qualitative fortification in the project.”
Omkar Realtors is one of the foremost players in the SRA and in Development section in the Mumbai area and is also aiming to develop 20 Million Sq.ft in the commercial capital by 2015. This will also include a combine of inhabited and commercial development ventures with the firm which is also spotlighting on the lavishness inhabited section. Varma also stated that, “Omkar, wants to smash the legend that slum rehabilitation ventures are lower in terms of building compared to profitable ventures in the realty market. Apart from this one of our product objectivity is to bring in the noticeable development in terms of out look and in living standards.”
Source: NIMMA BENGALURU

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