+
Omaxe to Build Rs 12 Billion Township in Indore
Real Estate

Omaxe to Build Rs 12 Billion Township in Indore

Real estate developer Omaxe Ltd has acquired 450 acres of land in Indore, Madhya Pradesh, to develop an integrated township, marking a significant expansion into Tier-II cities. The project will involve an investment of Rs 12 billion and is expected to generate revenue of around Rs 25 billion over the next three years.
In a regulatory filing on Tuesday, the company announced its plans to expand operations in Madhya Pradesh with this acquisition. The development will be carried out in multiple phases and financed through internal accruals.
The planned township will feature residential plots, housing clusters, commercial and retail spaces, hospitality offerings, a school, and healthcare facilities. Omaxe first entered the Madhya Pradesh market in 2005 and has since delivered 15 projects in the state.
Over the past two decades, the company has built a strong presence in Indore, Ujjain, and Ratlam, amassing a land bank of approximately 1,170 acres. It has completed and is currently developing township projects across these cities.
Omaxe, one of India’s leading real estate firms, has established a footprint in 30 cities across eight states in North and Central India. Since its inception, the company has delivered more than 135 million square feet of developed area.

Real estate developer Omaxe Ltd has acquired 450 acres of land in Indore, Madhya Pradesh, to develop an integrated township, marking a significant expansion into Tier-II cities. The project will involve an investment of Rs 12 billion and is expected to generate revenue of around Rs 25 billion over the next three years.In a regulatory filing on Tuesday, the company announced its plans to expand operations in Madhya Pradesh with this acquisition. The development will be carried out in multiple phases and financed through internal accruals.The planned township will feature residential plots, housing clusters, commercial and retail spaces, hospitality offerings, a school, and healthcare facilities. Omaxe first entered the Madhya Pradesh market in 2005 and has since delivered 15 projects in the state.Over the past two decades, the company has built a strong presence in Indore, Ujjain, and Ratlam, amassing a land bank of approximately 1,170 acres. It has completed and is currently developing township projects across these cities.Omaxe, one of India’s leading real estate firms, has established a footprint in 30 cities across eight states in North and Central India. Since its inception, the company has delivered more than 135 million square feet of developed area.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code