Omaxe

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Omaxe Limited
FormerlyOmaxe Builders Private Limited (1989–1997)
Omaxe Construction Private Limited (1997–1999)
Omaxe Construction Limited (1999–2006)
Company type Public company
[1]
Industry Real estate
Founded8 March 1989;36 years ago (1989-03-08)
FounderRohtas Goel
Headquarters New Delhi, India
Key people
  • Rohtas Goel (Chairman &  Non-Executive Director) [2]
  • Mohit Goel (Managing Director officer) "Mohit Goel, (Managing Director) Omaxe Ltd". IIFL. Retrieved 9 July 2016.
  • Jatin Goel (Director- Operations)
Products Offices
Apartments
Shopping Malls
Hotels
Villas
Penthouses
Revenue₹ 16.27 billion (2016) [1]
Number of employees
1575
Website www.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]

Contents

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 projectName of projectLocation
Integrated Township Omaxe New Chandigarh Chandigarh
Integrated TownshipWorld Street Faridabad Faridabad, Haryana
Integrated TownshipOmaxe City Indore, Madhya Pradesh
Commercial MallOmaxe Connaught Place Greater Noida, Uttar Pradesh
ResidentialOmaxe Royal Residency Ludhiana, Punjab
ResidentialGrand Omaxe Noida, Uttar Pradesh
ResidentialOmaxe Heights Lucknow, Uttar Pradesh
ResidentialOmaxe City Jaipur, Rajasthan
ResidentialOmaxe Residency Lucknow, Uttar Pradesh
Luxury ResidentialThe Forest Spa Noida Noida, Uttar Pradesh
Luxury ResidentialThe Forest Spa SurajKund Faridabad, Haryana
Luxury ResidentialOmaxe City Sonipat, Haryana
Commercial MallOmaxe Ghaziabad Old Bus Stand Ghaziabad, Uttar Pradesh
Commercial MallOmaxe Courtyard Lucknow [5]

References

  1. 1 2 3 4 5 6 "Profit.ndtv.com". NDTV.com. Retrieved 9 July 2016.[ dead link ]
  2. 1 2 "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. ↑ Lucknow, Omaxe Courtyard. "Omaxe Courtyard Lucknow". Omaxe Courtyard Lucknow. Retrieved 26 November 2024.
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