Omaxe Invests Rs 2,800 Crore in New Real Estate Brand 'BeTogether'
Omaxe Group has announced a significant investment of Rs 2,800 crore in their new real estate brand, 'BeTogether'. This initiative focuses on collaborative projects, joint ventures, and public-private partnerships (PPPs) to enhance urban and economic deve
Real EstateInvestmentPppJoint VenturesOmaxeReal Estate NewsJan 27, 2025
This strategic move is designed to reshape urban and economic development through collaborative real estate projects, joint ventures, and Public-Private Partnership (PPP) models.
In a regulatory filing, Omaxe stated that the new brand is dedicated to fostering growth and innovation in the real estate sector.
The projects under the BeTogether brand will span various cities in North and Central India, leveraging the company's extensive experience and strong foothold in the region.
'The current projects being undertaken by BeTogether would entail a total investment of over Rs 2,800 crore,' the company added.
This significant investment highlights Omaxe's commitment to driving sustainable and inclusive growth in the real estate market.
One of the key initiatives under the BeTogether brand is the joint venture project, 'BeTogether Centre Point Vrindavan'.
This project is expected to set new standards in real estate development and urban planning.
Additionally, BeTogether is partnering with the Uttar Pradesh State Road Transport Corporation (UPSRTC) on several PPP projects aimed at upgrading bus terminals in key cities such as Lucknow, Ghaziabad, Kaushambi, Ayodhya, Amausi, and Prayagraj.
These partnerships are crucial in modernizing infrastructure and enhancing connectivity, which are vital for the economic development of these cities.
By combining their expertise and resources, Omaxe and its partners aim to create innovative and sustainable solutions that benefit both the public and private sectors.
Over the past 37 years, Omaxe has established a robust presence in 31 cities across 8 states in North and Central India.
The company has successfully delivered more than 1,350 lakh square feet of area, showcasing its commitment to quality and customer satisfaction.
This new investment under the BeTogether brand is a natural extension of Omaxe's strategic vision and its ongoing efforts to lead the real estate industry towards a brighter future.
The BeTogether brand represents a departure from traditional real estate models, emphasizing collaboration, innovation, and community-driven projects.
This approach is expected to not only enhance the quality of life for residents but also contribute to the overall economic growth of the regions where these projects are undertaken.
As Omaxe continues to expand its portfolio and explore new opportunities, the company remains committed to maintaining its high standards of quality and service.
The BeTogether brand is poised to play a significant role in shaping the future of real estate development in India.
Frequently Asked Questions
What is the new real estate brand launched by Omaxe Group?
The new real estate brand launched by Omaxe Group is 'BeTogether'.
How much has Omaxe Group invested in the BeTogether brand?
Omaxe Group has invested Rs 2,800 crore in the BeTogether brand.
What are the key focus areas of the BeTogether brand?
The BeTogether brand focuses on collaborative real estate projects, joint ventures, and Public-Private Partnership (PPP) models.
What are some of the projects undertaken by BeTogether?
BeTogether is involved in projects such as the 'BeTogether Centre Point Vrindavan' and several PPP projects with the Uttar Pradesh State Road Transport Corporation (UPSRTC) to upgrade bus terminals in key cities.
What is Omaxe Group's track record in the real estate sector?
Over the past 37 years, Omaxe Group has established a strong presence in 31 cities across 8 states in North and Central India and has delivered more than 1,350 lakh square feet of area.
Related News Articles
India's REIT Market Booms with Rs 4.5 Lakh Crore Worth of Prime Office Stock
India's real estate investment trusts (REITs) are poised to transform the commercial real estate landscape with a staggering Rs 4.5 lakh crore worth of prime office stock, according to a recent Vestian report.
Alexandria Real Estate Reports Q4 Earnings Miss, Revenue Beat
Alexandria Real Estate Equities (NYSE:ARE) announced its fourth-quarter earnings results, reporting a miss on earnings expectations but surpassing revenue estimates. The real estate investment trust (REIT) continues to navigate the challenging market land
ACRE Stock Hits 52-Week Low at $4.93 Amid Market Challenges
In a tough economic environment, Ares Commercial Real Estate Corp (NYSE:ACRE) stock has plummeted, reaching a 52-week low of $4.93.
Delhi Real Estate: Middle-Class Dreams and the Widening Class Divide
A Reddit post detailing the struggles of the middle class in Delhi's real estate market has ignited a heated debate online. The post highlights the increasing gap between the wealthy and the middle class in one of India's most populous cities.
Macrotech Developers Expands Real Estate Portfolio with 10 New Land Parcels
Macrotech Developers has added 10 land parcels to its portfolio in FY25, strategically spread across key markets like the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. This strategic move aims to bolster the company's presence in the residential real estate sector.
Hyd CREDAI Leaders Appointed to Key National Roles, Elevating Real Estate Prestige
Hyderabad's real estate sector shines as CREDAI leaders are appointed to prestigious national roles for the 2025-27 term, underscoring the city's growing influence in the Indian real estate market.