OMAXENSEOmaxe Limited· ConstructionMediumPositive
Announced Thu, 23 Apr · 11:46 IST

RERA Registration for Omaxe's Commercial Project in Lucknow

Regulatory Product ApprovalBusiness Updates View source PDF

OMAXE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹83.00
prior close
₹84.33
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+1.8+2.0+2.0+1.2+0.6-2.1-1.0+0.5+2.3-4.5-8.3-6.6+4.5
Up moveDown movePending
AI summary

Omaxe's wholly-owned subsidiary Omaxe Garv Buildtech received RERA registration for its 'Commercial-3 Block-3' project at Sarojini Nagar, Lucknow, UP. The registration (UPRERAPRJ787830/04/2026) is valid until December 17, 2030. The commercial project is set to launch on April 23, 2026, and targets domestic and international markets. RERA clearance allows the subsidiary to sell, transfer, or advertise the project, which should positively impact the company's consolidated financial performance.

Likely market impact

RERA clearance enables subsidiary to sell, transfer, and advertise the Lucknow commercial project, likely boosting consolidated revenues.