Omaxe Limited has informed the stock exchanges about a significant regulatory milestone achieved by its wholly-owned subsidiary, M/s Omaxe Garv Buildtech Private Limited. The subsidiary has received RERA Registration Certificates from the Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) for two specific commercial projects in Lucknow. These projects, identified as “Commercial-3 Block-1” (Registration No. UPRERAPRJ914738/05/2026) and “Commercial-3 Block-2” (Registration No. UPRERAPRJ627399/05/2026), are located in Tehsil-Sarojini Nagar, Lucknow. Both projects were officially launched on May 07, 2026, and the registrations remain valid until December 17, 2030.
The receipt of these RERA certificates is expected to bolster the company’s consolidated financial performance by enabling the legal sale, transfer, and advertising of the project units. Furthermore, these approvals enhance corporate credibility and foster buyer trust by ensuring transparency and legal protection. This development follows the group’s ongoing expansion in Lucknow, which includes other registered projects like Commercial-3 Block-3.
Omaxe Limited, established in 1987, is a leading Indian real estate developer with a presence in 31 cities across 8 states. The company’s diverse portfolio includes integrated townships, group housing, shopping malls, and office spaces. In recent 2025-2026 updates, the Omaxe Group announced an investment of ₹250 crore for its “Omaxe Cassia” residential project within the 690-acre Omaxe Metro City township in Lucknow. Additionally, in early 2026, the company reported the successful sell-out of luxury homes and commercial units in Faridabad, generating sales realizations of approximately ₹800 crore and ₹160 crore respectively.
For the quarter ended December 31, 2025, Omaxe Limited reported consolidated revenue from operations of ₹301.82 Crores, reflecting a year-on-year (YoY) growth of 4.46% compared to ₹288.94 Crores in the same period of 2024. However, the company recorded a net loss of ₹153.20 Crores for the quarter, compared to a loss of ₹150.31 Crores in the corresponding previous year quarter. Major institutional investors holding more than 1% as of late 2025 and early 2026 include the Ebisu Global Opportunities Fund Limited, which holds approximately 2.63% of the company’s equity.
Leave a Reply