Omaxe Acquires 450-Acre Land in Indore for Rs 1,200 Crore Township Development
Real estate giant Omaxe Ltd has acquired 450 acres of land in Indore to develop an integrated township, marking a significant expansion into Tier-II cities. The project, estimated at Rs 1,200 crore, is expected to generate Rs 2,500 crore in revenue over the next three years.
Real EstateOmaxeIndoreTownshipTierii CitiesReal EstateJul 08, 2025
In a regulatory filing on Tuesday, Omaxe stated that it is expanding its presence in Madhya Pradesh with this significant land acquisition. The company plans to develop an integrated township on this land, which will include residential plots, housing clusters, commercial spaces, retail zones, hospitality spaces, schools, and healthcare facilities.
With an estimated investment of Rs 1,200 crore, the development will be executed in multiple phases and is expected to generate Rs 2,500 crore in revenue over the next three years. The company will fund the investments through internal accruals.
Omaxe has a strong presence in Madhya Pradesh, having entered the market in 2005. The company has already delivered 15 projects in the state, establishing a robust foothold in cities like Indore, Ujjain, and Ratlam. Over the past 20 years, Omaxe has built a land bank of about 1,170 acres in these cities and has completed and is developing township projects in various locations.
Omaxe is one of the leading real estate firms in the country, with a footprint in 30 cities across 8 states in North and Central India. Since its inception, the company has delivered more than 135 million square feet of area, showcasing its commitment to quality and innovation in the real estate sector.
This new township in Indore is expected to boost the local economy and provide a wide range of amenities and facilities to residents. Omaxe's focus on integrated townships reflects the growing demand for well-planned, self-sustaining communities in Tier-II cities, where the population is rapidly expanding and the need for modern infrastructure is increasing.
The development of this township is a testament to Omaxe's vision and commitment to delivering high-quality real estate projects that meet the evolving needs of modern India. As the company continues to expand its presence in key markets, it is well-positioned to capitalize on the growing opportunities in the real estate sector.
Frequently Asked Questions
What is Omaxe's investment in the new township project in Indore?
Omaxe's investment in the new township project in Indore is estimated at Rs 1,200 crore.
What facilities will be included in the new township?
The new township will include residential plots, housing clusters, commercial spaces, retail zones, hospitality spaces, schools, and healthcare facilities.
How many projects has Omaxe delivered in Madhya Pradesh?
Omaxe has delivered 15 projects in Madhya Pradesh since entering the market in 2005.
What is the expected revenue from the new township project over the next three years?
The new township project is expected to generate Rs 2,500 crore in revenue over the next three years.
How many cities does Omaxe have a presence in across North and Central India?
Omaxe has a presence in 30 cities across 8 states in North and Central India.
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