Omaxe Launches Sangam City Township In Allahabad

Published: August 10, 2009 at 6:55 PM | Author: Administrator
News Source: August 10, 2009 - Indian Realty News

Share

Omaxe Ltd has launched Omaxe Sangam City, an integrated township in Allahabad, according to a press release. The 96-acre Omaxe Sangam City offers plots ranging from 86 sq. yards to 671 sq. yd available at competitive price of Rs 5,200 per sq.yd. Set in a green environment and recreational and entertainment facilities, the project value of Omaxe Sangam City is about Rs 100 crores. Omaxe, through its subsidiary, had earlier entered into an agreement with Allahabad Development Authority for the development of Omaxe Waterfront, a hi-tech township, to be built over 1,535 acres with a total investment of around Rs 1,800 crore.

Located on the bank of the holy Ganga, Sangam City offers a view of Sangam Triveni of three holy rivers — the Ganga, the Yamuna and the Saraswati. The release quoting Mr Rohtas Goel, CMD, Omaxe Ltd, said, “Omaxe Sangam City will be Allahabad’s first self-contained township on the banks of the holy Ganges, a very first initiative catering to the multifarious needs of the residents.” With limited edition villas, Sangam City will be a self-sufficient township with healthcare support, a prominent educational institute, office spaces and retail opportunities. With technical approvals received, the possession of the Omaxe Sangam city plots will be offered in 30 months.