India's First 5-in-1 Destination: Omaxe Group to Invest Rs 2500 Crore in Mega Project
Omaxe Group launches India's first integrated 5-in-1 destination for sports, retail, hospitality, food, and culture, investing Rs 2500 crore in Delhi's Dwarka Sector 19-B.
Omaxe GroupThe Omaxe StateDelhiReal EstateCommercial ProjectReal Estate NewsSep 02, 2024
The project draws inspiration from iconic landmarks such as Queen Elizabeth Olympic Park in London, Accor Arena in Paris, Singapore Sports Hub, and Melbourne Olympic Park. It aims to bring world-class sporting events back to Delhi.The Omaxe State will feature a world-class, modern ICC and FIFA-standard international cricket-cum-football stadium with a seating capacity of over 30,000. Additionally, it will have an international multi-sports indoor stadium that can accommodate 2,000 spectators.
One of the highlights of the project is India's first Air-Conditioned High-Street retail area, with shop fronts extending over 4.2 km, making it the largest private commercial development in Delhi.
The project is expected to be completed by 2027.
About Omaxe Group
Omaxe Group is a leading real estate developer in India, with a presence in over 27 cities across 8 states. The company has developed over 100 million sq. ft. of space and has a strong portfolio of residential, commercial, and retail projects.
The Omaxe State project is part of the Delhi government's efforts to promote sports and tourism in the city. The project is expected to create over 10,000 jobs and contribute to the city's economic growth.
Omaxe Group is a leading real estate developer in India, with a presence in over 27 cities across 8 states. The company has developed over 100 million sq. ft. of space and has a strong portfolio of residential, commercial, and retail projects.
Frequently Asked Questions
What is The Omaxe State project?
The Omaxe State is India's first integrated 5-in-1 destination for sports, retail, hospitality, food, and culture, being developed by Omaxe Group in Delhi's Dwarka Sector 19-B.
How much is Omaxe Group investing in the project?
Omaxe Group is investing over Rs 2500 crore in the project.
What are the key features of the project?
The project features a world-class, modern ICC and FIFA-standard international cricket-cum-football stadium, an international multi-sports indoor stadium, and India's first Air-Conditioned High-Street retail area.
When is the project expected to be completed?
The project is expected to be completed by 2027.
How many jobs is the project expected to create?
The project is expected to create over 10,000 jobs.
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