Omaxe is one of the leading Indian real estate companies and was incorporated as Omaxe Builders Private Limited in 1989.
Image: company website
The company went public in 1999 and the name was changed to Omaxe Construction Limited, and the name was later changed to Omaxe Limited in 2006. The corporate office of the company is in New Delhi, and Rohtas Goel is the Chairman and Managing Director, and also the founder of the company.
Mohit Goel is the Chief Executive Officer of the company. The company has projects in residential, integrated townships, hi-tech city and commercial segments. It also takes contract construction projects. It has presence in 8 states covering 27 cities. It has delivered projects that cover area of about 64.60 million square feet that in real estate and 31.80 million square feet as third party contractor.
Currently it has 39 ongoing projects comprising 13 in group housing, 16 in integrated township and 10 in commercial malls/hotels/SCOs (shop cum offices). Some of the ongoing projects in integrated township segment are High Street Apartments, Omaxe City – City Homes, Omaxe City – Omaxe Avenue and Omaxe City – Executive Homez. Omaxe Greens, Omaxe Heights, Omaxe Royal Residency and Omaxe Shubhangan are some ongoing projects in residential segment. Ongoing projects in commercial segment are Omaxe Mall, Omaxe Palm Court and Omaxe Novelty Mall. Along with the new construction projects the company also undertakes redevelopment projects. In New Delhi it offers this service through Omaxe Capital Redevelopment. It involves redesigning the societies, residential colonies and complexes to create more usable spaces in the existing infrastructure.
Omaxe has won the Special Jury Award for excellent contribution to real estate in Tier 2 and Tier 3 cities at Property Awards 2015.