Omaxe
Omaxe Limited is a privately held real estate developer based in New Delhi, India.[2] The company was founded by Rohtas Goel in 1989.[1]
Type | Public company |
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BSE: 532880, NSE: OMAXE [1] | |
Industry | Real estate |
Founded | 1989 |
Founder | Rohtas Goel |
Headquarters | New Delhi, India |
Key people |
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Products | Offices Apartments Shopping Malls Hotels Villas Penthouses |
Revenue | ₹ 16.27 billion (2016) [1] |
Number of employees | 1575 |
Website | www |
Company history
Rohtas Goel, a first-generation entrepreneur and civil engineer, founded Omaxe to undertake construction and contracting business in 1987. In 1989, it was incorporated as Omaxe Builders Private Ltd. and subsequently in 1999; it became a ‘Limited Company’.[1] 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 oversubscribed by 80 times, in 2007.[1]
Projects
Omaxe has diversified asset classes of townships, residential, commercial – shopping mall & office space and hotels.[1] In the residential segment, it offers developed plots, villas, 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[4][3] but they are not providing amenities for which they are charging Maintenance so gradually their credibility is going down.
Awards and recognition
References
External links
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