Omaxe

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.

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

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

• Residential real estate development
• Commercial property development
• Integrated township projects
• Mixed-use developments
• PPP real estate

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Marketing or Sales, Personnel

Revenue model

1. 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.
2. Commercial Property Sales: Revenue from selling and leasing commercial spaces including malls, retail shops, SCOs (shop-cum-office units), office spaces, and hospitality properties.
3. Lease / Rental Income: Income from leasing commercial and retail spaces in completed projects such as malls and high-street developments.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core 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

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered flagship, core, minor and anchor tenant.

• Delhi Development Authority (DDA)flagshipStrategic or Co-development Partner · 18 May 2026The 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)coreStrategic or Co-development Partner · 18 May 2026Omaxe'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.
• MetashotminorStrategic or Co-development Partner · 5 May 2026Metashot, 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 tenantOthers · 1 April 2026DMart (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)flagshipStrategic or Co-development Partner · 13 January 2026Omaxe 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 KaurcoreGTM or Marketing Partner · 4 November 2025Omaxe 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

Direct 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

• Xx.com/OmaxeLimited
• Facebookfacebook.com/Omaxeltd
• LinkedInlinkedin.com/company/omaxe-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries8 records

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Omaxe