News articles tagged Omaxe Ltd

Omaxe sales bookings surged by 26 pc in H1

Omaxe Ltd reports strong sales growth for the first half of the fiscal year, with a 26% increase in property sales. The firm attributes its success to higher average realization rates.

Realty Big Players Attracted Towards Small Cities for Expansion

Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.

Omaxe may raise prices

Omaxe Ltd plans to raise property prices and launch four new projects, investing fifteen billion rupees with projected revenues of 23 billion rupees over 30 months.

Omaxe to develop Hi-Tech Township in Lucknow

Omaxe Ltd. plans a Hi-tech township in Lucknow, expected to generate Rs 2800 crores over 5-7 years, enhancing local amenities and infrastructure.

New Incentivised Schemes for Affordable Housing in Offing

The Planning Commission plans to introduce new schemes for real estate in its mid-term appraisal, aiming to prioritize affordable housing amidst sector challenges.

Mahindra Lifespaces Mulls Entering Affordable Housing Segment

Mahindra Lifespaces plans to enter the affordable housing sector within a year, targeting middle-income groups amidst a growing housing shortage in India.

Major Realty Firm Now Bids For National Highway Project

Three major realty firms bid on national highway projects to diversify amid a residential real estate slowdown.

Cost Of Housing Projects Increase Due To Delay In Clearance

HDFC chief points out how environmental clearances result in substantial delays and cost overruns in housing projects, raising concerns among real estate developers about mounting expenses and inefficiencies.

Realty companies seek tax, input price relief

Real estate firms call for tax cuts and controlled material prices in the upcoming budget to stimulate the struggling sector and benefit buyers.