Omaxe bags Rs 136 cr Defence Ministry contract

Realty firm Omaxe today said it has bagged a Rs 136 crore contract from Defence Ministry to construct housing project in Maharashtra.

Its subsidiary Omaxe Infrastructure & Construction has bagged a contract from Director General Married Accommodation Project (DGMAP) under Ministry of Defence to construct housing accommodation for Officers, JCO/ORs at Deolali (Army) and Nasik (Air Force), Maharashtra.

The value of the contract is Rs 136 crore, Omaxe said in a statement. With this contract, the company's total order book has crossed Rs 1,400 crore.

"The project would involve construction of 194 blocks of single to four-storeyed buildings with a total of 1,111 residential units for JCOs, ORs and Officers," it said.