Omkar Raheja Joint Venture
In order to build a real estate project under the slum redevelopment scheme, the Omkar Realtors and V Raheja group have recently entered into joint venture to build 7.5 acres plot of land located on the Western Express Highway in the Andheri area of Mumbai, said sources, adding that the plot in question owned by V Raheja Group is meant to rehabilitate about 3,000 families of slum dwellers on a 3.5 acres of land and the remaining portion of the developmental area will be sold by the partners to the private buyers to recover the construction cost of the project.