Updates on Omaxe State Project, Dwarka, Delhi

Posted by Dheeraj Maurya
7
Oct 15, 2024
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Introduction to the Omaxe State Project

Omaxe State Project at Dwarka in the capital city promises to be one of the city's largest commercial and recreational centers. Headed by the Omaxe Group, one of India's best real estate developers, this project will surely transform the face of urban life and business in Dwarka. With sports facilities, high-street retail, and so much more, the Omaxe State will be expected to be a harbinger of change for this city as well as the entire region.

 

Investment in the Project

The Omaxe Group is pumping in a whopping ₹2,500 crore into the project. Such a massive financial commitment speaks for itself about the confidence of the group in this potential. Then, what's so massive an investment? Omaxe State has been conceived with all kinds of different audiences-sports enthusiasts, shoppers, and professionals, creating a space that will generate long-term revenues and improve the quality of life at Dwarka.

 

Estimated Completion Date

The estimated completion date of the project is set at 2027. A project of this magnitude, by its very nature, does not come easily, more so when it is designed with such diverse amenities. Be it the cricket-cum-football stadium or the luxury dining options, all of this needs careful planning and implementation. There is also elbow room with the five-year timeline to accommodate unanticipated occurrences that may arise during construction.

 

Key Features of the Omaxe State Project

Cricket-cum-Football Stadium

The most exciting element of the Omaxe State Project is the cricket-cum-football stadium that would leave behind a seating capacity of over 30,000. It would attract big sporting events and act as a place for both cricket and football fans. An element this large also indicates Dwarka's potential as a future sports hub.

Indoor Multi-Sports Stadium

Besides the stadium outside, the project will hold an indoor multi-sports stadium having a capacity of 2,000 seats. It will be developing indoor sports such as badminton, basketball, and table tennis. As India becomes more keen on playing a wider number of sports than ever, the stadium will cater to different athletic interests.

 

India's Largest F&B Space

The F&B area of 500,000 square feet in Omaxe State will be India's largest. There will be restaurants, cafes, and food courts all under one roof! Something that will really enhance the local dining experience and something all foodies will totally rave about and flock to from all walks of the city.

 

Area of High-Street Retail

For shopaholics, the high street, retail area would be a dream destination. It is conceptualized to be an up-market experience with international brands alongside national brands - a one-stop for fashion and lifestyle needs.

Invite-Only Sports and Leisure Club

Omaxe State Project- Exclusivity is the name of the game. The invitation-only sports and leisure club promises world-class amenities for world-class clients. State-of-the-art facilities will be accompanied by personalized services to elevate the luxury quotient of the project.

 

75,000 Sq Ft E-Sports Arena

The E-sports arena also forms a part of the project, which would be covering an area of 75,000 square feet. As gaming is gaining popularity in India, the arena would help the project not only attract local gamers but also international tournaments. It proves how gaming culture is becoming an essential component of the young people's lifestyle.

 

Hotel with 148 Keys

The Omaxe State Project will also have a hotel with 148 keys to accommodate visitors and business travelers. It would be a vital component to house tourists and professionals attending various events in the surrounding area.

 

Shopfront: 4.2 km Stretch

Another major attraction that ensures an exciting shopping experience is sure to be comfortable irrespective of the season is the air-conditioned 4.2 km stretch of shopfront. It is highly important in a city like Delhi, where the summer can be fiery. The comfort level of the customers will increase with the air-conditioned setup and in turn, increase the retail business.

 

Terrace Garden Restaurants and Café

Dining with a view is always special. So, the restaurants situated on the terrace garden of Omaxe State will be that special thing. Along with this, there will be a café, which may be used for stopovers or negotiating rooms. This unique amalgamation of greenery and gastronomy will surely attract food lovers as well as nature lovers to this place.

 

Cooperation with the Delhi Development Authority (DDA)

It is being developed in a public-private partnership model with the said authority by the Delhi Development Authority. This would ensure the project is in conformity with the overall plans of the city's development and enhance Dwarka's infrastructure sustainably.

 

Revenue Expectations from the Project

The Omaxe State Dwarka 19B Project is expected to earn more than ₹4,200 crores of revenue during its lifecycle. Just with the figure, this size itself speaks for the grandeur of the project from ticket sales at the sports venues to retail revenues and hotel bookings. A multiplicity of income streams makes it a very sound investment for both the Omaxe Group and the city.

 

Conclusion

Omaxe State Project Dwarka is going to be the epitome of redefining Delhi's commercial and recreational spaces. The grandness in scale and diverse facilities, accompanied by a strategic location, will make it a landmark in the city's landscape. Sports stadiums, luxurious dining, and retail experiences will all be there. When finally completed in 2027, it is certainly clear that Omaxe State is bound to be an imposing force in Dwarka.

 

FAQs

When will it be completed?

It will be completed by 2027.

  

What would be the main attractions?

It will show a cricket-cum-football stadium, India's largest F&B space, high-street retail, and a 75,000 sq ft e-sports arena.

  

What would be the impact on the local economy?

It is expected to generate more than ₹4,200 crore in revenue and will serve various job opportunities.

  

Which sports facilities will be provided?

The complex will encompass a cricket-cum-football stadium, an indoor multi-sports stadium, and an e-sports arena.

 

How is the association with DDA driving the project?

Public-Private Partnership with DDA ensures to ensure roll into alignment of project with city development plans on the whole and enables sustainable infrastructure development.

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