Omaxe Joins Forces with IHCL to Develop India’s First Stadium-Hotel, Aiming for ₹4,200 Crore Revenue
Real estate developer Omaxe Ltd has partnered with The Indian Hotels Company Limited (IHCL) to create India’s first stadium-hotel, The Omaxe State, in Dwarka, Delhi. The project, set to generate ₹4,200 crore in revenue, includes a 158-key Gateway hotel with stadium-view suites and a 30,000-seat international cricket-cum-football stadium.
Real EstateStadiumhotelOmaxeIhclDelhiReal Estate NewsSep 23, 2025
The project will include a 158-key Gateway hotel, with 40 stadium-view suites built inside a 30,000-seat international cricket-cum-football stadium, allowing guests to watch live matches from their rooms. Another 108 rooms will be located in the adjoining premium club building.
Spread across 50.4 acres, The Omaxe State is being developed under a Public-Private Partnership (PPP) model with the Delhi Development Authority (DDA). Envisioned as an integrated sports, retail, hospitality, and leisure hub, the project is anchored by a stadium built to International Cricket Council (ICC) and FIFA standards.
IHCL will also manage a 250,000 sq. ft. members-only club, expected to be one of the largest in the country. The facility will offer dining and lounge spaces, Olympic-standard swimming pools, spa and wellness zones, co-working spaces, sports arenas, and banqueting facilities.
'The Omaxe State is not just a project; it is Delhi’s most ambitious destination. By partnering with IHCL, we are setting new benchmarks for hospitality, sports, and urban entertainment,' said Mohit Goel, Managing Director, Omaxe Ltd.
Strategically located near Bharat Vandana Park and Yashobhoomi Convention Centre, the project is positioned to attract international sporting events, global conferences, and exhibitions.
Slated for completion in 2027, the development is projected to generate ₹4,200 crore in lifecycle revenue and create significant employment opportunities across hospitality, retail, sports, and allied services. With a catchment population of over 30 lakh within a 10 km radius, Omaxe expects footfall potential comparable to global landmarks such as Dubai Mall and Queen Elizabeth Olympic Park.
Frequently Asked Questions
What is The Omaxe State project?
The Omaxe State is a 50.4-acre integrated sports, retail, hospitality, and leisure hub being developed in Dwarka, Delhi, under a Public-Private Partnership (PPP) model with the Delhi Development Authority (DDA).
What are the key features of the stadium-hotel?
The key features include a 158-key Gateway hotel with 40 stadium-view suites inside a 30,000-seat international cricket-cum-football stadium, and another 108 rooms in the adjoining premium club building.
Who is managing the members-only club?
The Indian Hotels Company Limited (IHCL) will manage a 250,000 sq. ft. members-only club, which will offer dining and lounge spaces, Olympic-standard swimming pools, spa and wellness zones, co-working spaces, sports arenas, and banqueting facilities.
What is the expected revenue and employment impact of the project?
The project is expected to generate ₹4,200 crore in lifecycle revenue and create significant employment opportunities across hospitality, retail, sports, and allied services.
When is the project expected to be completed?
The Omaxe State is slated for completion in 2027.
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