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New Delhi, June 10

Real estate company Omaxe on Tuesday announced its foray into Dubai market through its wholly owned new subsidiary Rohtas Holdings (Gulf) Ltd. “The subsidiary has also ventured, by way of acquisition/joint venture through special purpose vehicles, into construction of two residential projects entailing total cost of Rs 2,850 crore,” a company release said. Mr Rohtas Goel, Chairman and Managing Director of Omaxe Ltd, said, “Our two projects in Dubai will provide our consumers a new option and to all others an investment opportunity in Dubai.”

— Our Bureau

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