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  Omaxe Limited

Established in 1987 as Omaxe Builders to undertake civil construction and contracting business, the company was renamed as Omaxe Limited to reflect the subsequent change in ownership pattern and diversification of business into real estate development.

After making its foray into real estate in 2001, Omaxe Limited has emerged as one of the prominent Indian real estate companies piggybacking on the demand for world-class housing and business complexes. In a short span of five years, Omaxe Group has carved a niche for itself for providing high-quality residential and commercial real estate solutions across NCR of Delhi that offer value for money to customers.

Omaxe Limited has so far completed and delivered 10 projects consisting of 8 residential and 2 commercial covering approx 4.2 million sq. ft of area, valued at Rs.360 crores with all on time deliveries. The company at present has over 100 million sq.ft of area under development with projects spreading across 30 towns in 9 states.

Omaxe's ventures in the real estate business include developing Integrated Townships, Group Housing, Shopping Malls, Multiplexes, Hotels, Resorts, IT Parks, Biotech Parks and SEZS. Some of Omaxe Group's major commercial ventures include Omaxe Plaza, Wedding Mall and House 2 Home (Gurgaon), Wedding Mall (Patiala), Omaxe Plaza (Ludhiana), Omaxe Arcade and NRI city centre (Greater Noida), Park Plaza (Indirapuram), Wedding Mall (Agra), and Citadel and Pearls Omaxe (Delhi).

Omaxe, an ISO 9001:2000 company, has pioneered many innovations in the real estate industry. Among the many was the Sample Flat Concept where the buyer could see exactly what he was getting. Omaxe also brought in the Penalty Clause that protected customer interests by promising compensation in case of delayed delivery and escalation.

 

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