Omaxe Ltd Share Price

Omaxe said the land parcel, located in Ludhiana's established Ghumar Mandi commercial zone, was secured through a competitive bid conducted by the Rail Land Development Authority, and is being developed on a leasehold basis. Management highlighted that Omaxe Chowk is designed to offer structured, contemporary urban planning with enhanced connectivity, pedestrian-friendly spaces and significant parking facilities.

The development is expected to boost local employment during construction and drive long-term economic activity through increased footfall, brand participation and retail engagement. The share price movement comes as investors react positively to Omaxe’s expanding portfolio and strategic push into experience-led, mixed-use urban destinations.

Omaxe is an established real estate company, with over three decades of operating experience. The company operates with a diversified land bank and focuses on planned urban development across key regional markets.

On a consolidated basis, Omaxe reported net loss of Rs 166.61 crore in Q2 September 2025 as against net loss of Rs 239.66 crore in Q2 September 2024. Net sales declined 17.57% YoY to Rs 320.82 crore in Q2 September 2025.

Omaxe Group announced substantial completion and full repayment of the SWAMIH-funded facilities associated with two of its key developments—The Lake, New Chandigarh, and Omaxe Shiva, Shiva 2, and Shiva 3 in Prayagraj.

The Lake, New Chandigarh is a premium group housing development with a saleable area of 28,00,205 sq. ft., comprising 1,402 units. In Prayagraj, Omaxe Shiva, Shiva 2 and Shiva 3 collectively offer independent floors with a saleable area of 5,60,680 sq. ft., comprising 304 units. Both projects received last-mile credit facilities from the Special Window for Affordable and Mid-Income Housing (SWAMIH), amounting to Rs 168.80 crore for development of The Lake, New Chandigarh and Rs 60.40 crore for development of Omaxe Shiva, Shiva 2, and Shiva 3 in Prayagraj.