Omaxe's share price has jumped over 13% following the announcement of a significant ₹1,000 crore expansion plan. The real estate firm's shares were trading 7.96% higher at ₹102.97 apiece on the National Stock Exchange.
Real EstateOmaxeShare PriceExpansion PlanMarket GrowthReal EstateJun 16, 2025
Omaxe's expansion plan involves a ₹1,000 crore investment to fund new projects, upgrade existing ones, and explore new opportunities in the real estate market, particularly in Tier 2 and Tier 3 cities.
The market has reacted positively, with Omaxe's share price jumping over 13%, trading 7.96% higher at ₹102.97 apiece on the National Stock Exchange.
Omaxe focuses on quality construction and customer satisfaction, with a diverse portfolio of residential and commercial projects across various cities in India. The company is also committed to sustainable development practices.
The Pradhan Mantri Awas Yojana (PMAY) is a key government initiative aimed at boosting the housing sector, which has further fueled the demand for affordable housing.
The success of Omaxe's expansion plan will depend on market conditions, regulatory changes, and the company's ability to execute its strategies effectively.
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