I want to invest in OM metals infrapojects ltd? what to do?
A: Kota is very booming economy and therefore our first project there, which was Om Enclave, has been quite successful. We have sold off all our units there. This year is going to be a final year when will be gaining revenues from that project.
Having achieved success in that project, we have taken up another project which is Om Urban Heights. This is a development of 3 lakh sq ft, residential in Kota and the response has been overwhelming because even before we have launched the project we have already received bookings for almost 20% of the area.
Q: What realisations are you expecting from both of these projects?
A: We have already realised about Rs 50 crore in revenues from Om Enclave including FY09-FY10. From Om Urban Heights we are ...more