Omaxe

Real estate company based in New Delhi

"Mohit Goel, (Managing Director) Omaxe Ltd". IIFL. Retrieved 9 July 2016.
  • Jatin Goel (Director- Operations)
    • ProductsOffices
    Apartments
    Shopping Malls
    Hotels
    Villas
    PenthousesRevenue₹ 16.27 billion (2016) [1]
    Number of employees
    1575Websitewww.omaxe.com

    Omaxe Limited (stylized as OMAXE) is an Indian real estate developer based in New Delhi.[2] The company was founded by Rohtas Goel in 1989.[1]

    Company history

    Rohtas Goel, a first-generation entrepreneur and civil engineer, founded Omaxe to undertake construction and contracting business in 1987. In 1989, it was incorporated as Omaxe Builders Private Ltd. and subsequently in 1999; it became a ‘Limited Company’.[1] Omaxe made its inroads into the evolving real estate sector in 2001. It soon launched several group housing projects at Noida and subsequently also launched its first township, the NRI City at Greater Noida. The company came out with its initial public offering, which got oversubscribed by 80 times, in 2007. Omaxe will soon be launching the largest high street cum mall with a sports complex in Sector 19b, Dwarka, Delhi, in 2024. The total investment will be Rs 2,100 crore. [1]

    Projects

    Omaxe has diversified asset classes of townships, residential, commercial – shopping mall & office space and hotels.[1] In the residential segment, it offers developed plots, villas, penthouses, group housing and independent floors. The company is presently executing 39 real estate projects – 13 group housing, 16 townships and 10 commercial malls, hotels.[3][4]

    Construction projects undertaken by Omaxe Ltd.
    Type of project Name of project Location
    Integrated Township Omaxe New Chandigarh Chandigarh
    Integrated Township World Street Faridabad Faridabad, Haryana
    Integrated Township Omaxe City Indore, Madhya Pradesh
    Commercial Mall Omaxe Connaught Place Greater Noida, Uttar Pradesh
    Residential Omaxe Royal Residency Ludhiana, Punjab
    Residential Grand Omaxe Noida, Uttar Pradesh
    Residential Omaxe Heights Lucknow, Uttar Pradesh
    Residential Omaxe City Jaipur, Rajasthan
    Residential Omaxe Residency Lucknow, Uttar Pradesh
    Luxury Residential The Forest Spa Noida Noida, Uttar Pradesh
    Luxury Residential The Forest Spa SurajKund Faridabad, Haryana
    Luxury Residential Omaxe City Sonipat, Haryana
    Commercial Mall Omaxe Ghaziabad Old Bus Stand Ghaziabad, Uttar Pradesh

    Awards and recognition

    • Special Jury Award for Excellent Contribution to Real Estate in Tier 2 & 3 cities at the Property Awards 2015.[5]
    • First Construction Company of northern India to receive an ISO 9001:2000 Certification.[1]
    • Excellence Award as recognition in excellence in productivity, quality innovation and management From Institute of Economic studies.[1]

    References

    1. ^ a b c d e f g h "Profit.ndtv.com". NDTV.com. Retrieved 9 July 2016.
    2. ^ a b "Reuters Finance". in.reuters.com. Archived from the original on 2 June 2010. Retrieved 9 July 2016.
    3. ^ "Commonfloor". commonfloor.com. Retrieved 9 July 2016.
    4. ^ "Mohit Goel, Managing Director Omaxe Ltd". IIFL. Retrieved 9 July 2016.
    5. ^ "Property Awards Winners 2015". NDTV. Retrieved 27 June 2017.
    • Omaxe Ltd. Website
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