Omaxe Group: Most Trusted Real Estate Developer In India
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Omaxe Limited is one of the most
recognizable names in real estate today. Omaxe has delivered some
groundbreaking projects and construction marvels and created a niche in both
luxury and affordable properties.
It has completely transformed the
lives of millions of people over the last 34 years, remaining faithful to its
motto of 'Turning Dreams into Reality.'
Led by its founding values of
delivering quality real estate spaces, enhancing customer experience, and
reinventing lifestyle, Omaxe Group continues to set benchmarks for affordable
yet high-quality real estate.
Read on to find out more about the
history of the construction giant.
History of the Company
Mr. Rohtas Goel, a
first-generation entrepreneur, and civil engineer, launched the brand 'Omaxe'
in 1987 to handle building construction and contracting operations.
Omaxe Builders Private Ltd. was
formed in 1989, and it later became a 'Limited Company' in 1999. The firm was
the first in northern India to acquire an ISO 9001:2000 accreditation.
It later made its inroad into the
real estate business in 2001. Soon after, it built many group housing projects
in Noida and, later, its first township, NRI City in Greater Noida.
It was listed on both - National
Stock Exchange of India and the Bombay Stock Exchange- in 2007. On issuing its
first public offering, it was oversubscribed by 80 times.
Omaxe is now one of India's top
and trusted real estate businesses, with 11.72 million sq. meters (126.15
million sq.ft.) of delivered space in real estate and construction contracting.
Omaxe Groups is the story of Mr.
Goel's passion for development and dynamic growth in the field of real estate.
Projects
The company operates in twenty-seven
cities across eight states, including Uttar Pradesh, Punjab, Madhya Pradesh, Uttarakhand,
Rajasthan, Haryana, Himachal Pradesh, and
Delhi.
The firm serves a wide range of
homebuyers, including High Networth Individuals (HNIs), middle-income groups,
lower-income groups, and NRIs. Omaxe has been able to recognize market dynamics
better and compete effectively, resulting in a strong topline and bottom line.
It has an incredibly diverse real
estate product roster that includes Hi-Tech townships, group housing,
integrated townships, office spaces, shopping malls, SCOs, and hotels.
The company prides itself on its
incredible ability to introduce organized real estate to tier 2 cities of
India.
It is now working on 23 active
real estate projects. These include two hi-tech townships, twelve integrated
townships, four group housing developments, and five commercial spaces like
malls, office spaces, Hotels, and Shop cum Offices.
The real estate giant has provided
residential opportunities for over 1.5 million families through its residential
constructions.
Awards and Achievements
As a leading real estate
corporation in the country, it is no doubt that Omaxe has been felicitated
several times. As they continue to add feathers to their cap of achievements,
here are a few awards that they have received over the years.
●
Omaxe Chowk in New Delhi
○
The Most Admired Upcoming Project of the Year awarded by The
Internet Entrepreneur Awards 2020 - Real Estate
○
The Economic Times Best Brands 2020.
○
Retail Property of the Year by Inkspell & The Estatesmen for
the year 2021
○
Most Popular Mall of 2021 by the Global Real Estate Congress &
Real Estate
○
Innovative Project of the Year by Stars of the Industry Award for
Excellence presented by ET Now
●
World Street in Faridabad
○
Best Project Retail of 2021 by Inkspell & The Estatesmen
○
Retail Property of the year 2021 by The Global Real Estate
Congress and Real Estate
●
Emerging Developer of the Year at the Times of India DX Awards
●
Top Builder (North) by CWAB Awards 2020
●
The Omaxe website was awarded the Best Real Estate Website at the
Global Digital Marketing Awards 2020
In addition to these awards, the
leadership team at Omaxe, comprising Chairman and Founder Director Rohtas Goel,
Managing Director Mohit Goel, and Director Jatin Goel, continue to make marks
in the real estate world.
They have been awarded
consecutively for years for their valuable and insightful contribution to the
industry.
Corporate Social Responsibilities
Aside from business reputation,
the company recognizes its social responsibility. Hence, they have undertaken
several CSR initiatives in the domains of health, education, community
development, and others through the Omaxe Foundation.
Endnotes
Omaxe Group is an example of
excellence in real estate. They continue to scale up and bring about innovation
in architecture and real estate with every project they pursue. Three decades
into the business, and they are just getting started.
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