Omaxe

Omaxe Limited (stylized as OMAXE) is an Indian real estate developer based in New Delhi.[2] The company was founded by Rohtas Goel in 1989.[1]

Omaxe Limited
FormerlyOmaxe Builders Private Limited (1989–1997)
Omaxe Construction Private Limited (1997–1999)
Omaxe Construction Limited (1999–2006)
Company typePublic company
[1]
IndustryReal estate
Founded8 March 1989 (1989-03-08)
FounderRohtas Goel
HeadquartersNew Delhi, India
Key people
  • Rohtas Goel (Chairman &​ Non-Executive Director)[2]
  • Mohit Goel (Managing Director​ officer) "Mohit Goel, (Managing Director) Omaxe Ltd". IIFL. Retrieved 9 July 2016.
  • Jatin Goel (Director- Operations)
ProductsOffices
Apartments
Shopping Malls
Hotels
Villas
Penthouses
Revenue₹ 16.27 billion (2016) [1]
Number of employees
1575
Websitewww.omaxe.com

Company history

Rohtas Goel, a first-generation entrepreneur and civil engineer, founded Omaxe to undertake construction and contracting business in 1987. In 1989, it was incorporated as Omaxe Builders Private Ltd. and subsequently in 1999; it became a ‘Limited Company’.[1] Omaxe made its inroads into the evolving real estate sector in 2001. It soon launched several group housing projects at Noida and subsequently also launched its first township, the NRI City at Greater Noida. The company came out with its initial public offering, which got oversubscribed by 80 times, in 2007. Omaxe will soon be launching the largest high street cum mall with a sports complex in Sector 19b, Dwarka, Delhi, in 2024. The total investment will be Rs 2,100 crore. [1]

Projects

Omaxe has diversified asset classes of townships, residential, commercial – shopping mall & office space and hotels.[1] In the residential segment, it offers developed plots, villas, penthouses, group housing and independent floors. The company is presently executing 39 real estate projects – 13 group housing, 16 townships and 10 commercial malls, hotels.[3][4]

Construction projects undertaken by Omaxe Ltd.
Type of project Name of project Location
Integrated TownshipOmaxe New ChandigarhChandigarh
Integrated TownshipWorld Street FaridabadFaridabad, Haryana
Integrated TownshipOmaxe CityIndore, Madhya Pradesh
Commercial MallOmaxe Connaught PlaceGreater Noida, Uttar Pradesh
ResidentialOmaxe Royal ResidencyLudhiana, Punjab
ResidentialGrand OmaxeNoida, Uttar Pradesh
ResidentialOmaxe HeightsLucknow, Uttar Pradesh
ResidentialOmaxe CityJaipur, Rajasthan
ResidentialOmaxe ResidencyLucknow, Uttar Pradesh
Luxury ResidentialThe Forest Spa NoidaNoida, Uttar Pradesh
Luxury ResidentialThe Forest Spa SurajKundFaridabad, Haryana
Luxury ResidentialOmaxe CitySonipat, Haryana
Commercial Mall Omaxe Ghaziabad Old Bus Stand Ghaziabad, Uttar Pradesh

Awards and recognition
  • Special Jury Award for Excellent Contribution to Real Estate in Tier 2 & 3 cities at the Property Awards 2015.[5]
  • First Construction Company of northern India to receive an ISO 9001:2000 Certification.[1]
  • Excellence Award as recognition in excellence in productivity, quality innovation and management From Institute of Economic studies.[1]

References
  1. "Profit.ndtv.com". NDTV.com. Retrieved 9 July 2016.
  2. "Reuters Finance". in.reuters.com. Archived from the original on 2 June 2010. Retrieved 9 July 2016.
  3. "Commonfloor". commonfloor.com. Retrieved 9 July 2016.
  4. "Mohit Goel, Managing Director Omaxe Ltd". IIFL. Retrieved 9 July 2016.
  5. "Property Awards Winners 2015". NDTV. Retrieved 27 June 2017.
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