Real estate developer Omaxe Limited announced of launching of a new commercial project in Punjab.

‘India Trade Tower’ called as the tallest commercial building of Punjab, with a value of Rs 120 crore, is planned to be completed within two-and-half years from the commencement of construction.

The India Trade Tower that consist of offices and retail spaces, would be a building in Ground +19 floors format having total area of 2,45,000 sq ft.

ARitesh Sehgal ,Additional Vice President (Sales and Marketing)  said that,India Trade Tower aimed to fulfill the aspirations and needs of companies and the business community of Chandigarh. The company has announced Rs 4,430 per sq feet as the launch price for the commercial space in the project.

Sehgal also added that, this office-cum -shopping complex would be a part of the proposed Global Business Park which will be an international hotel and business hub spread over about 26 acres. This project would carry a realisation value of about Rs 1,000 crore.

The business park is part of the proposed integrated township Omaxe Chandigarh Extension. The Omaxe Chandigarh Extension, which is planned over 1,000 acres of land, would be an integrated township by Omaxe to meet the burgeoning housing demand of Chandigarh. Omaxe has 10 ongoing residential and commercial projects in Punjab.

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