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

Revamping India's Realty: Experts Anticipate Reforms and Affordable Housing Boost from the New Government
real estate news

Revamping India's Realty: Experts Anticipate Reforms and Affordable Housing Boost from the New Government

The Indian real estate sector is eagerly awaiting policy reforms and a push for affordable housing from the new government. Read on to know more.

June 6, 2024
Read Article
Reviving India's Architectural Heritage: A New Era in Real Estate
Real Estate

Reviving India's Architectural Heritage: A New Era in Real Estate

The blending of tradition and modernity in Indian real estate is not just about building homes but about crafting legacies that will stand the test of time.

August 15, 2024
Read Article
Microsoft India Expands its Footprint with ₹453 Crore Land Purchase in Pune's IT Hub
Real Estate Pune

Microsoft India Expands its Footprint with ₹453 Crore Land Purchase in Pune's IT Hub

Pune real estate market sees significant investment from global tech giant Microsoft

September 13, 2024
Read Article
Lucknow: ED Cracks Down on Real Estate Broker, Attaches Assets Worth Rs 14.89 Crore
real estate news

Lucknow: ED Cracks Down on Real Estate Broker, Attaches Assets Worth Rs 14.89 Crore

The Enforcement Directorate (ED) has provisionally attached immovable assets worth Rs 14.89 crore of a real estate broker, Rajeev Tyagi, and others under the Prevention of Money Laundering Act (PMLA), 2002.

September 23, 2024
Read Article
India’s QIP Surge, 6G Preparations, and the Nobel Prize in Economics
Real Estate

India’s QIP Surge, 6G Preparations, and the Nobel Prize in Economics

The Indian real estate sector is witnessing a notable surge in Qualified Institutional Placement (QIP) issues, while the country gears up for the 6G revolution. Meanwhile, the Nobel Prize in Economics has been awarded, and we delve into its significance.

October 19, 2024
Read Article
Birla Estates Expands with Strategic Land Acquisition in Boisar
Real Estate Maharashtra

Birla Estates Expands with Strategic Land Acquisition in Boisar

Birla Estates, a notable subsidiary of Aditya Birla Real Estate Ltd, has recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for Rs 104.3 crore. This move is expected to strengthen the company’s presence in the western suburbs of Mumbai.

December 17, 2024
Read Article