Omaxe
Omaxe Limited is an Indian publicly listed real estate developer delivering residential, commercial, and integrated township projects across 31 cities in 8 states, serving mid-income and premium homebuyers, NRIs, and commercial tenants via a sales-led and PPP-enabled model.
- Company typePublic
- Founded1987
- HeadquartersNew Delhi, India
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Omaxe does
Omaxe Limited is an Indian publicly listed real estate developer (BSE/NSE since 2007) operating across 31 cities in 8 states, with cumulative delivered area of ~13.02 million sq. mtr. as of March 2025. Founded in 1987 by Rohtaas Goel as a construction firm and diversified into real estate in 2001, the company is family-controlled, with Mohit Goel as Managing Director and Jatin Goel as Executive Director. Its product portfolio spans residential apartments (1BHK to 4BHK+penthouses), independent floors, villas, plotted developments, integrated townships (Omaxe Metro City Lucknow, Omaxe Eternity Vrindavan), commercial malls, SCOs, office towers, mixed-use high streets (Omaxe Chowk Ludhiana), and large destination developments like The Omaxe State in Dwarka. Sub-brands include BeTogether (Rs 2,800 crore integrated township platform) and product lines such as The Lake, The Resort, Gardenia, Celestia, and Cassia.
Revenue is generated predominantly through one-time sales of residential and commercial units at per-unit prices varying by project, configuration, and location (e.g., The Resort, New Chandigarh at ₹75 lakh to ₹3.37 crore), supplemented by recurring lease and rental income from completed retail assets. The company employs an enterprise field sales and broker/channel partner model, targeting mid-income and premium homebuyers, NRIs/HNWIs, retail tenants, and SME commercial buyers via direct sales offices, airport exhibitions, and content marketing. Significant institutional debt funding (~Rs 1,390 crore total since 2022) from Värde Partners, Kotak Mahindra Bank, Oaktree Capital, and WSB Partners, combined with PPP partnerships (RLDA, DDA), underwrites project execution.
Operationally, the company is mid-tier relative to listed peers: FY2024-25 consolidated total income was Rs 16.37 billion (~₹1,637 crore), but Q3 FY26 posted a consolidated net loss of Rs 153.20 crore despite 6.21% YoY revenue growth. Multiple Punjab RERA orders, a Chandigarh consumer court ruling on 7-year delivery delays, and an NGT investigation into environmental violations at the Dwarka sports arena highlight ongoing delivery and compliance risk.
Omaxe firmographics
Firmographics- Name
- Omaxe
- Legal name
- Omaxe Limited
- Website
- https://omaxe.com
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Omaxe Limited is an Indian publicly listed real estate developer delivering residential, commercial, and integrated township projects across 31 cities in 8 states, serving mid-income and premium homebuyers, NRIs, and commercial tenants via a sales-led and PPP-enabled model.
- Ownership category
- akta.pro rank
Omaxe industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Master-Planned Community & POA Management (BPAJAHAD)
Keywords
Where Omaxe is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices11 records
Markets served
Omaxe business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Marketing or Sales, Personnel
Revenue model
- Residential Property Sales: Revenue from selling residential apartments, villas, plots, and integrated township units to end-users and investors. Units are sold at per-unit prices determined by size, configuration, and project location.
- Commercial Property Sales: Revenue from selling and leasing commercial spaces including malls, retail shops, SCOs (shop-cum-office units), office spaces, and hospitality properties.
- Lease / Rental Income: Income from leasing commercial and retail spaces in completed projects such as malls and high-street developments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Residential units across configurations from 1 BHK to Penthouse |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Omaxe product offering
Product offeringCore offering
Omaxe Limited is a publicly listed Indian real estate developer that builds and sells residential apartments, villas, independent floors, plotted developments, integrated townships, commercial malls, office towers, mixed-use high streets, and hospitality properties across 31 cities in 8 states. Revenue is generated primarily through one-time sale of self-developed residential and commercial units, supplemented by recurring lease and rental income from completed commercial assets. The company also undertakes public-private partnership developments with government bodies such as RLDA and DDA.
Product overview
Omaxe is a diversified real estate development company offering a comprehensive portfolio of residential and commercial properties across 31 cities in India. The product portfolio includes: (1) Residential offerings spanning apartments (1BHK to 5BHK), villas, duplexes, independent floors, plotted developments, and integrated townships under brands like The Lake, The Resort, Gardenia Series, Celestia Series, Omaxe Cassia, Omaxe Eternity, and Omaxe Metro City; (2) Commercial properties including retail malls (Omaxe SRK Mall, Omaxe Value Mall, Omaxe Celebrations Mall), office towers (International Trade Tower, India Trade Tower), mixed-use high streets (Omaxe Chowk, Omaxe Hi Street), entertainment centers (Omaxe Hi Fun, Beacon Street), and hotel complexes (Holiday Inn); (3) Mixed-use flagship developments like The Omaxe State in Dwarka (50.4-acre sports, retail, hospitality destination with cricket stadium) and Omaxe BeTogether platform (Rs 2,800 crore integrated township initiative). The company operates across Tier 1, Tier 2, and Tier 3 cities with properties in New Delhi, New Chandigarh, Ludhiana, Lucknow, Faridabad, Greater Noida, Vrindavan, Indore, Prayagraj, Patiala, Amritsar, and other locations, delivering approximately 13.02 million square meters of real estate space.
Differentiator
Problem solved
Functional benefit
Brands
- BeTogether: Integrated township platform backed by Rs 2,800 crore investment, focusing on integrated townships and infrastructure-led ventures in Tier 1 and Tier 2/3 cities.
- The Omaxe State
- Omaxe Chowk
Products and services
- The Lake (Residential Township) Premium residential township in New Chandigarh offering 1BHK to 4BHK+Servant Room apartments, independent floors, and villas with clubhouse, swimming pool, and sports facilities for families and professionals.
- The Resort (New Chandigarh) Luxury apartment complex in New Chandigarh offering 1 BHK to 4 BHK units and penthouses ranging from 837 to 3637 sq. ft. with swimming pool, Jacuzzi, gymnasium, restaurant, cafeteria, and conference room for premium buyers.
- Omaxe Metro City (Integrated Township, Lucknow) Large-scale 690-acre integrated township on Raebareli Road, Lucknow offering residential apartments, villas, plots, and commercial spaces with gardens, clubhouse, and sports facilities for end-users and investors.
- Omaxe Cassia (Residential Project, Lucknow) Premium residential project in Lucknow within Omaxe Metro City township offering 2BHK+Study, 3BHK, 3BHK+Servant Room, and 4BHK+Servant Room apartments across eight towers; Rs 250 crore investment; for mid-income to premium homebuyers.
- Omaxe Eternity 2 (Integrated Township, Vrindavan) 101-acre integrated township in Vrindavan featuring 800 residential plots, 74 villas, and 400 commercial hotel studio units targeting spiritual and heritage-conscious homebuyers and investors; Rs 50 lakh starting price for studio apartments.
- Omaxe Chowk (Mixed-Use High Street, Ludhiana) Rs 500 crore, 5.25-acre mixed-use high-street development in Ludhiana's Ghumar Mandi combining organised retail, luxury residences, wedding and jewellery showrooms, and entertainment; PPP with RLDA; delivery scheduled June 2030.
- The Omaxe State (Mixed-Use Development, Dwarka) 50.4-acre mixed-use development in Dwarka, Delhi featuring a 30,000-seat international cricket and football stadium, retail, hospitality, food, and social districts; PPP with DDA; for sports, retail, hospitality, and consumer brands.
- Omaxe Connaught Place (Commercial Complex, Greater Noida) Large commercial complex in Greater Noida featuring multiplex, retail shops, office space, food court, fun zone, and theme park; anchored by DMart's largest NCR store.
- Omaxe World Street (Mixed-Use, Faridabad) Mixed-use commercial and residential development in Faridabad offering plots, built-up floors, and SCO (Shop-Cum-Office) units within a planned township environment with retail promenade and entertainment options.
- Omaxe Hi Street (Commercial, Lucknow) Commercial development in Lucknow offering office spaces, hotel suites, and retail offerings in prime location for businesses and retailers.
- Omaxe Hi Fun (Entertainment Commercial, Faridabad) Entertainment-focused commercial development in Faridabad featuring 10-screen multiplex, gaming zone, food court, showroom kiosk, and hypermarket for retailers and entertainment operators.
- Beacon Street (Commercial, New Chandigarh) Commercial development in New Chandigarh offering multiplex, uni suites, serviced suites, shops, food court, club, and virtual gaming zone for retailers, hospitality operators, and entertainment brands.
- International Trade Tower (Office/Retail, New Chandigarh) Commercial office and retail tower in New Chandigarh offering office spaces and retail amenities for corporate tenants and retail buyers.
- Holiday Inn (Hotel and Office Complex, New Chandigarh) Hotel and office complex in New Chandigarh featuring hotel suites and office spaces operated under Holiday Inn branding for hospitality guests and corporate tenants.
- Omaxe SRK Mall (Commercial Mall, Agra) Commercial mall in Agra featuring multiplex, retail, and food court offerings for retailers and entertainment operators.
- Omaxe Value Mall (Commercial Mall, Amritsar) Commercial mall in Amritsar featuring multiplex, retail shops, and food court for retailers and entertainment operators.
- Omaxe BeTogether (Integrated Township Platform) Integrated township platform backed by Rs 2,800 crore investment, focused on integrated townships and infrastructure-led ventures across Tier 1 and Tier 2/3 cities including Lucknow, Indore, Ludhiana, New Chandigarh, and Amritsar.
Quantifiable outcome
- ~960 crore in sales from Faridabad projects (173 residential units + 120 commercial SCO units)
- +4 more outcomes
Companies that use Omaxe
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Omaxe technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Omaxe partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core, minor and anchor tenant.
- Delhi Development Authority (DDA)flagshipThe Omaxe State, a 50.4-acre public-private development in Dwarka, Delhi, features a 30,000-seat international cricket and football stadium — Delhi's first new major stadium in over 140 years — built through a partnership between Omaxe Ltd.'s subsidiary Worldstreet Sports Center and the Delhi Development Authority. The project integrates sports, retail, food, hospitality, and social districts.
- IHCL (Taj Hotels)coreOmaxe's The Omaxe State features a 4.2 km retail promenade developed in partnership with IHCL (Taj Hotels), positioning the development as a mixed-use precinct combining sports, retail, hospitality, and social experiences.
- MetashotminorMetashot, a cricket simulation startup that closed its first institutional funding round, is the first named startup being integrated into The Omaxe State's indoor sports zone as a live testing and distribution platform.
- Avenue Supermarts Limited (DMart)anchor tenantDMart (Avenue Supermarts Limited) opened its largest NCR store (50,000+ sq. ft.) at Omaxe Connaught Place in Greater Noida, serving as a major retail anchor for the project.
- Rail Land Development Authority (RLDA)flagshipOmaxe Chowk, a Rs 500 crore mixed-use high-street project in Ludhiana's Ghumar Mandi area, was secured through a competitive bidding process conducted by the Rail Land Development Authority on a leasehold basis. The 5.25-acre project is a PPP combining organised retail, luxury residences, wedding showrooms, and entertainment.
- Harmanpreet KaurcoreOmaxe Ltd. appointed Harmanpreet Kaur, captain of the Indian women's cricket team, as its Brand Ambassador to promote sports development, infrastructure, and women's empowerment in India. A stand at The Omaxe State stadium was named after her — India's first 'Pink Stand' for women and families with 1,500+ seats.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
Omaxe competitors and assessment
Company assessmentDirect peers
- DLF Limited: India's largest listed real estate developer with diversified residential, commercial, and retail portfolio. Directly comparable to Omaxe in product mix (residential + commercial) and listed BSE/NSE status, though significantly larger in scale and concentrated in Delhi-NCR.
- Godrej Properties: Listed Indian real estate developer (BSE/NSE) with pan-India residential and commercial developments. Comparable in product categories (residential apartments, townships, commercial) and listed public company structure, though more focused on premium urban markets.
- Macrotech Developers (Lodha Group): One of India's largest listed real estate developers, focused on residential developments across Mumbai, Pune, and London. Comparable in product categories (residential apartments, townships) and BSE/NSE-listed status.
- Prestige Group: Major Indian real estate developer with residential, commercial, retail, and hospitality portfolio across South India. Comparable in integrated township and mixed-use development model, though geographically focused on southern markets.
- Sobha Limited: Listed Indian real estate developer with backward-integrated construction capabilities delivering residential and contractual projects. Comparable in product offerings (residential apartments, villas, commercial) and listed BSE/NSE status.
- Brigade Enterprises: Listed Indian real estate developer with residential, commercial, retail, and hospitality portfolio. Comparable in mixed-use development approach and listed status, though focused primarily on South India.
- Oberoi Realty: Mumbai-based listed real estate developer focused on premium residential and commercial properties. Comparable in residential and commercial product mix and listed BSE/NSE status, though concentrated in Mumbai premium segment.
- Mahindra Lifespace Developers: Listed Indian real estate developer (BSE/NSE) with residential and integrated township developments across major cities. Comparable in integrated township development model and listed public company structure.
- Ansal API: North India-focused listed real estate developer with residential, commercial, and township developments. Closely comparable in geographic focus (Delhi-NCR, Punjab, UP, Haryana) and Tier 1/2/3 city strategy.
- Supertech Limited: Indian real estate developer focused on residential and commercial projects in Delhi-NCR and UP. Comparable in North India geographic focus, mid-income residential positioning, and mixed product portfolio (apartments, villas, commercial).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Omaxe social profiles
Digital presenceOmaxe financial estimates
Financial estimateRevenue estimate
Valuation estimate
Omaxe leadership team
Management profileNumber of profiles
Profiles3 records
Omaxe subsidiaries and ownership
Company hierarchySubsidiaries8 records
Omaxe funding detail
Funding detailFunding overview
Funding rounds5 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Omaxe M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Omaxe
What does Omaxe do?
Omaxe Limited is a publicly listed Indian real estate developer that builds and sells residential apartments, villas, independent floors, plotted developments, integrated townships, commercial malls, office towers, mixed-use high streets, and hospitality properties across 31 cities in 8 states. Revenue is generated primarily through one-time sale of self-developed residential and commercial units, supplemented by recurring lease and rental income from completed commercial assets. The company also undertakes public-private partnership developments with government bodies such as RLDA and DDA.
Is Omaxe a public or private company?
Omaxe is a public company. It is classified as public and is currently operating.
When was Omaxe founded?
Omaxe was founded in 1987. It employs 1,001 to 5,000 people.
Where is Omaxe based?
Omaxe is headquartered in New Delhi, India, in the Asia region.
How does Omaxe make money?
Three revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Property Sales and lease / Rental Income.
Who are Omaxe's main competitors?
Direct peers on record are DLF Limited, Godrej Properties, Macrotech Developers (Lodha Group), Prestige Group, Sobha Limited, Brigade Enterprises, Oberoi Realty, Mahindra Lifespace Developers, Ansal API and Supertech Limited.
Does Omaxe have an API?
No public API is recorded for Omaxe.
What industry is Omaxe in?
Omaxe's product category is Real Estate Development. Its primary akta.pro industry code is BPAJAHAD, Master-Planned Community & POA Management. Its NAICS code is 236117 and its SIC code is 6552.