Omaxe

{{New unreviewed article|date=July 2017}}

{{Infobox company
| name = Omaxe Limited
| logo =
| type = [[Public company]]
| traded_as = {{BSE|532880}}, {{NSE|OMAXE}} <ref name="ndtv">{{cite web|url=http://profit.ndtv.com/STOCK/omaxe-ltd_omaxe/reports|title= Profit.ndtv.com |publisher=NDTV.com |accessdate=2016-07-09}}</ref>
| founder = Mr. Rohtas Goel
| key_people = Mr. Rohtas Goel ([[Chairman]] & [[Managing Director]])<ref name="Reuters" /> <br/>
Mr. Mohit Goel ([[Chief Executive Officer]]) <ref name="iifl">{{cite web|url=http://www.indiainfoline.com/article/news-leader-speak/mohit-goel-ceo-omaxe-ltd-115070900319_1.html|title= Mohit Goel, CEO, Omaxe Ltd |publisher=IIFL |accessdate=2016-07-09}}</ref>
| industry = [[Real estate]]
| products = [[Offices]] <br /> [[Apartments]]<br /> [[Shopping Malls]] <br /> [[Hotels]]<br />[[Villa]]s<br />[[Penthouses]]
| revenue = ₹ 16.27 billion (2016) <ref name="ndtv" />
| num_employees = 1575
| foundation = 1989
|location = [[New Delhi]], [[India]]
| homepage = {{URL|https://www.omaxe.com/}}
}}

'''Omaxe Limited''' is a [[Privately held company|privately held]] [[real estate]] developer based in [[New Delhi]], [[India]].<ref name="Reuters">{{cite web|url=http://in.reuters.com/finance/stocks/overview?symbol=OMAX.BO |title=Reuters Finance |publisher=in.reuters.com |accessdate=2016-07-09}}</ref>
The company is among [[India]]’s top [[real estate]] companies known for its world-class [[Commercial property|commercial]] and [[Residential real estate|residential]] properties. Founded by Mr. Rohtas Goel in 1989,<ref name="ndtv" /> the company has delivered more than 100 million sq. ft. of developed space including apartments, plots and commercial units.<ref name="emis">{{cite web|url=https://www.emis.com/php/company-profile/IN/Omaxe_Ltd_en_1627236.html |title=Euromoney Institutional Investment Company |publisher=EMIS.com |accessdate=2016-07-09}}</ref> The company has a land bank of approx. 3,700 acres comprising 125 million sq. ft. of area, which is to be developed in the future. From metros to the tier I, II and III cities, it has established presence in 27 cities across 8 states namely [[Delhi NCR]], [[Uttar Pradesh]], [[Uttarakhand]], [[Madhya Pradesh]], [[Himachal Pradesh]], [[Punjab]], [[Haryana]], and [[Rajasthan]].<ref name="CF">{{cite web|url=https://www.commonfloor.com/omaxe-construction-ltd/builder/6kmrb4|title= Commonfloor |publisher=commonfloor.com |accessdate=2016-07-09}}</ref><ref name="iifl" />

==Company History==

Mr. [[Rohtas Goel]], a first generation [[entrepreneur]] and [[civil engineer]], founded Omaxe to undertake construction & contracting business in 1987. In 1989, it was incorporated as Omaxe Builders Private Ltd. and subsequently in 1999; it became a ‘[[Limited Company]]’.<ref name="ndtv" /> Omaxe made its inroads into the evolving real estate sector in 2001. It soon launched several group housing projects at [[Noida]] and subsequently also launched its first township, the NRI City at [[Greater Noida]]. The company came out with its [[Initial Public Offering]], which got over-subscribed by 70 times, in 2007.<ref name="ndtv" />

== Projects ==
Omaxe has diversified asset classes of [[Townships]], [[Residential]], [[Commercial district|Commercial]] – [[Shopping Mall]] & [[Office Space]] and [[Hotels]].<ref name="ndtv" /> In the residential segment, it offers developed [[Land lot|plots]], [[villa]]s, [[penthouses]], group housing and independent floors. The company is presently executing 39 real estate projects - 13 Group Housing, 16 [[Townships]] and 10 Commercial Malls, [[Hotels]].<ref name="CF" /><ref name="iifl" />

{| width=
|-
|
{| class="wikitable sortable"
|+ Construction projects undertaken by Omaxe Ltd.
|-
! bgcolor=#99CCFF style="width: 250px;" | Type of project
! bgcolor=#99CCFF style="width: 350px;" | Name of project
! bgcolor=#99CCFF style="width: 350px;" | Location
|-
| Integrated Township || Omaxe New Chandigarh || [[Chandigarh]]
|-
| Integrated Township || World Street Faridabad || [[Faridabad]], Haryana
|-
| Integrated Township || Omaxe City || [[Indore]], Madhya Pradesh
|-
| Commercial Mall || Omaxe Connaught place || [[Greater Noida]], Uttar Pradesh
|-
| Residential || Omaxe Royal Residency || [[Ludhiana]], Punjab
|-
| Residential || Grand Omaxe || [[Noida]], Uttar Pradesh
|-
| Residential || Omaxe Heights || [[Lucknow]], Uttar Pradesh
|-
| Residential || Omaxe City|| [[Jaipur]], Rajasthan
|-
| Residential || Omaxe Residency|| [[Lucknow]], Uttar Pradesh
|-
| Luxury Residential || The Forest Spa Noida || [[Noida]], Uttar Pradesh
|-
| Luxury Residential || The Forest Spa SurajKund || [[Faridabad]], Haryana
|-
|}

== Awards and Recognition==

-Special Jury Award for Excellent Contribution to Real Estate in Tier 2 & 3 cities at the Property Awards 2015.<ref>{{cite news| url=http://properties.awards.ndtv.com/winners-2015/| work=NDTV | title=Property Awards Winners 2015 | accessdate=2017-06-27}}</ref>

-Recognized as [[Power Brands]] 2015-16.

-Recognized as ‘Best Developer in Affordable Housing Project in Faridabad’ at The Infra & Realty Sutra Awards 2014, organised by Gill India Concepts Pvt Ltd.

-The Most Progressive Developer in India Award at the Star Realty Award-2012 from Hon'ble Minister for [[Urban Development]] Mr. [[Kamal Nath]] at a function held in Delhi.

-First [[Construction Company]] of [[northern India]] to receive an ISO 9001:2000 Certification.<ref name="ndtv" />

-Excellence Award as recognition in excellence in productivity, quality innovation and management From Institute of Economic studies.<ref name="ndtv" />

|}

== References ==
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== External links ==
* [https://www.omaxe.com/ Omaxe Ltd. Website]

[[Category:Companies based in New Delhi]]
[[Category:Real estate and property developers]]
[[Category:Real estate companies of India]]
[[Category:Real estate in India]]
[[Category:BSE SENSEX]]