Omaxe Limited has informed the Exchange about Project launch.
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Omaxe Limited's wholly owned subsidiaries have received RERA registration certificates for two new projects. The first, 'Omaxe World Mall,' is a commercial mix-land-use project in Sector-79, Faridabad, being developed by Omaxe World Street Private Limited and registered with Haryana RERA. The second, 'The Retreat,' is a commercial built-up project in Amritsar, Punjab, being developed jointly by Dinkar Realcon Private Limited and Omaxe New Amritsar Developers Private Limited along with 8 other group subsidiaries, registered with Punjab RERA. Both projects are slated for launch on March 17, 2026, and target both domestic and international markets. The approvals are valid until November 2030 and December 2031 respectively, and the company expects these to positively impact consolidated financial performance.
These RERA approvals allow Omaxe to legally sell, market, and advertise both projects, potentially boosting future revenue and strengthening brand value. For shareholders, this signals continued project pipeline activity in the real estate business, though the actual financial impact will depend on sales velocity post-launch.