Omaxe Limited has informed the Exchange about Granting of Regulatory Approvals.
OMAXE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Omaxe Limited announced that its two wholly owned subsidiaries have received RERA registration certificates for new residential projects. Omaxe New Chandigarh Developers Pvt Ltd got approval for 'Integrated Residential Township Phase 6B' in SAS Nagar, Punjab, valid until 01-12-2030. Omaxe Garv Buildtech Pvt Ltd received approval for 'METRO CITY P-8B' in Lucknow, Uttar Pradesh, valid until 09-10-2027. Both projects are plotted residential developments scheduled to launch on 23-03-2026 and target both domestic and international buyers. These registrations give the subsidiaries legal clearance to market, sell, and advertise these projects.
Positive for shareholders — the RERA approvals allow Omaxe to officially launch and sell two new plotted residential projects, which can contribute to future bookings, revenue, and consolidated financial performance while strengthening the company's brand credibility in the real estate market.