Omaxe Limited has informed the Exchange about Project launch
OMAXE · price
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Omaxe Limited's wholly-owned subsidiary, Omaxe New Chandigarh Developers Private Limited, has received a RERA registration certificate from Punjab RERA for its new commercial project called 'World Street West Zone' located in New Chandigarh, SAS Nagar, Punjab. The project is a commercial built-up development scheduled for launch on August 6, 2025, and the registration is valid until December 11, 2029. The company says the RERA approval will help it sell, transfer, or advertise the project, strengthen brand value, and positively impact its consolidated financial performance. The filing is made under SEBI's Regulation 30 disclosure norms.
This is a routine regulatory clearance that enables Omaxe to officially market and sell units in the new commercial project. While it supports business growth, no immediate financial figure is disclosed, so the short-term impact on stock price is likely limited.