Omaxe Partners With JSPL for Steel Supply
Real estate developer Omaxe has signed an agreement with Jindal Steel and Power Ltd (JSPL) for the supply of modular steel structure to build its commercial project at Chandni Chowk in Delhi. JSPL will supply 7000-8000 metric tonne of structure steel to Omaxe. Omaxe is developing a multi-level parking-cum-commercial project at Chandni Chowk under PPP model with North Delhi Municipal Corporation (North DMC). About 4.5 acres of land has been provided to Omaxe to provide parking for over 2,000 cars. Omaxe is developing a 10 lakh sq ft project with five levels of parking and three levels of retail space. The building structure will be supplied by JSPL in the knocked-down form at the site. The structure can be erected at the site within 10 months from the starting date. The building is designed using high-grade steel structure with fabricated beam column as compared to the conventional construction methodology which helps in not only granting additional strength to the building structure but also saving a lot of time.