Omaxe Limited has informed the Exchange about Project launch.
OMAXE · price
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Omaxe Limited's wholly owned subsidiaries have received RERA registration certificates for two new residential plotted projects, both launching on 23 March 2026. The first, 'Integrated Residential Township Phase 6B', is in SAS Nagar, Punjab by Omaxe New Chandigarh Developers Pvt Ltd, valid until 1 December 2030. The second, 'METRO CITY P-8B', is located in Lucknow, UP by Omaxe Garv Buildtech Private Limited, valid until 9 October 2027. Both projects are open to domestic and international buyers. The company states that these approvals will allow its subsidiaries to sell, advertise, and transfer units, strengthen brand value, and positively impact consolidated financial performance.
This is a routine but positive regulatory milestone — RERA clearance enables Omaxe's subsidiaries to legally market and sell these projects, supporting future revenue. No immediate material effect on stock price is expected, though it expands the company's active project pipeline in Punjab and UP.