LPNEWS
As per the deal, Virtuous Retail will buy the property at a set price once Omkar Realtors completes it. : Mumbai: Xander Group’s retail arm Virtuous Retail South Asia Pte. Ltd is close to buying an upcoming mall in Mumbai from real estate firm Omkar Realtors and Developers Ltd for ₹2,300 crore, three people aware of the transaction said. The proposed 1 million sq. ft mall in Mumbai’s Andheri East will be developed by the Mumbai-based builder as part of its 65-acre mixed used development Omkar International District (OID). “The companies are entering into a forward purchase agreement.

In this article