Omaxe Group Unveils India's First 5-in-1 Destination: A Rs 2500 Crore Investment

Realty firm Omaxe Group launches The Omaxe State, a 50.4-acre project in Dwarka Sector 19-B, New Delhi, featuring a sports stadium, retail area, hospitality, food, and culture hub.

Omaxe GroupThe Omaxe StateDelhi Development AuthorityPublicprivate PartnershipCommercial DevelopmentReal EstateSep 02, 2024

Omaxe Group Unveils India's First 5-in-1 Destination: A Rs 2500 Crore Investment
Real Estate:Realty firm Omaxe Group has announced the launch of its next commercial project, The Omaxe State, which promises to revolutionize India's sporting and leisure landscape. This ambitious project will be India's first integrated 5-in-1 destination for sports, retail, hospitality, food, and culture. With an investment of Rs 2500 crore, the project is set to transform the face of Delhi's commercial development.

Spanning over 50.4 acres in Dwarka Sector 19-B, New Delhi, the project is being developed in partnership with the Delhi Development Authority (DDA) under a public-private partnership (PPP) model. The project's design and concept are inspired by iconic landmarks such as Queen Elizabeth Olympic Park in London, Accor Arena in Paris, Singapore Sports Hub, and Melbourne Olympic Park.

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, an international multi-sports indoor stadium will be built to accommodate 2,000 spectators. The project will also boast 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.

Information
Omaxe Group is a leading real estate developer in India, with a presence in 27 cities across 8 states. The company has developed several iconic projects, including residential, commercial, and retail spaces. With The Omaxe State, the company aims to create a new benchmark in India's commercial development sector.

Omaxe Group is a well-established real estate developer in India, known for its innovative and customer-centric approach. With a strong presence in 27 cities, the company has developed several landmark projects, including residential, commercial, and retail spaces.

A5 The project is expected to be completed by 2027.

Frequently Asked Questions

What is The Omaxe State project?

The Omaxe State is a 50.4-acre project in Dwarka Sector 19-B, New Delhi, featuring a sports stadium, retail area, hospitality, food, and culture hub.

Who is developing The Omaxe State project?

The project is being developed by Omaxe Group in partnership with the Delhi Development Authority (DDA) under a public-private partnership (PPP) model.

What is the investment in The Omaxe State project?

The project has an investment of Rs 2500 crore.

What are the key features of The Omaxe State project?

The project features a world-class sports stadium, international multi-sports indoor stadium, India's first Air-Conditioned High-Street retail area, and a hospitality, food, and culture hub.

When is the project expected to be completed?

The project is expected to be completed by 2027.

Related News Articles

Keystone Realtors Raises Rs 800 Crore from Institutional Investors
Real Estate Mumbai

Keystone Realtors Raises Rs 800 Crore from Institutional Investors

Mumbai-based Keystone Realtors has raised Rs 800 crore by selling shares to institutional investors

May 28, 2024
Read Article
Kerala Police Hand Over Mami Missing Case to Crime Branch to Avoid CBI Probe
real estate news

Kerala Police Hand Over Mami Missing Case to Crime Branch to Avoid CBI Probe

The Kerala police have handed over the missing case of Mohammad Attur, a prominent real estate businessman, to the Crime Branch to prevent a CBI investigation.

September 8, 2024
Read Article
Home Sales in Noida and Greater Noida Increase by 6% in Q3 2024
real estate news

Home Sales in Noida and Greater Noida Increase by 6% in Q3 2024

The residential property market in Noida and Greater Noida witnessed a 6% surge in registrations during the July-September quarter, with a total of 8,128 units sold, according to real estate consultant Square Yards.

November 18, 2024
Read Article
Mumbai Real Estate Market Sees Significant Growth in 2024 with 1.41 Lakh Registrations
Real Estate Maharashtra

Mumbai Real Estate Market Sees Significant Growth in 2024 with 1.41 Lakh Registrations

Mumbai's real estate market is on track to register 1,41,302 property registrations in 2024, marking an 11% increase from the previous year. The market is showing resilience and a growing preference for premium and spacious homes.

January 2, 2025
Read Article
2025 Outlook: The Future of Commercial Real Estate in Tier-II and Tier-III Cities
Real Estate

2025 Outlook: The Future of Commercial Real Estate in Tier-II and Tier-III Cities

In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.

January 5, 2025
Read Article
Maharashtra's Transport Minister Pratap Sarnaik Invites CREDAI to Develop MSRTC Land
Real Estate

Maharashtra's Transport Minister Pratap Sarnaik Invites CREDAI to Develop MSRTC Land

The Maharashtra Transport Minister, Pratap Sarnaik, has called on the Confederation of Real Estate Developers’ Associations of India (CREDAI) to participate in the development of 1,360 hectares of land owned by the Maharashtra State Road Transport Corpora

January 19, 2025
Read Article