Omaxe Subsidiary Omaxe Garv Buildtech Secures U.P. RERA Nod for Two Lucknow Projects

2 min read     Updated on 07 May 2026, 04:50 AM
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Omaxe Limited announced that its wholly-owned subsidiary, Omaxe Garv Buildtech, received RERA registration for Commercial-3 Block-1 and Commercial-3 Block-2 in Lucknow. Valid until December 17, 2030, these registrations allow the subsidiary to sell and advertise the projects, enhancing transparency and brand value.

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Omaxe Limited has disclosed, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, that its wholly-owned subsidiary, M/s Omaxe Garv Buildtech Private Limited, has received RERA Registration Certificates for two of its commercial projects from the Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA). The disclosure was made on May 06, 2026, and the project details are available on the U.P. RERA website at www.up-rera.in .

RERA Registrations for Commercial Projects in Lucknow

Both projects — Commercial-3 Block-1 and Commercial-3 Block-2 — are situated at Tehsil Sarojini Nagar, District Lucknow, Uttar Pradesh, and are scheduled for launch on 07-05-2026. The registrations cater to both domestic and international markets. The key details of the two registered projects are presented below:

Parameter: Commercial-3 Block-1 Commercial-3 Block-2
Date of Launch: 07-05-2026 07-05-2026
Category: Commercial Commercial
Market: Domestic & International Domestic & International
Regulatory Authority: U.P. RERA U.P. RERA
RERA Registration No.: UPRERAPRJ914738/05/2026 UPRERAPRJ627399/05/2026
Location: Khasra No. 2243(P), 2244(P), 2248(P), 2249(P), 2250(P), 2342(P), 2354(P), Tehsil Sarojini Nagar, District Lucknow, UP Khasra No. 2243(P), 2248(P), 2249(P), 2250(P), 2342(P), 2354(P), Tehsil Sarojini Nagar, District Lucknow, UP
Validity: Valid till 17-12-2030, unless extended by the concerned Authority Valid till 17-12-2030, unless extended by the concerned Authority

Regulatory Significance and Impact

The RERA registrations are granted subject to certain standard conditions. According to the company's disclosure, the approvals enable the wholly-owned subsidiary to sell, transfer, or advertise the respective projects. The company has stated that RERA registration certifies compliance with regulations, enhances credibility, ensures timely delivery, and fosters trust with buyers by guaranteeing transparency and legal protection. The registrations are expected to strengthen the brand value and positively impact the consolidated financial performance of Omaxe Limited.

Disclosure Compliance

The intimation has been filed in accordance with Regulation 30 read with Schedule III of the SEBI LODR Regulations, 2015, and the SEBI Master Circular vide Reference No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure has been signed by D B R Srikanta, Company Secretary & Compliance Officer of Omaxe Limited, and a copy of the intimation has been uploaded on the company's website at www.omaxe.com as well as on the websites of the concerned stock exchanges.

Historical Stock Returns for Omaxe

1 Day5 Days1 Month6 Months1 Year5 Years
+2.30%+5.89%+23.84%+11.34%+24.57%+29.50%

How might the commercial space demand in Lucknow's Sarojini Nagar micro-market evolve by 2030, and will it support Omaxe's pricing and occupancy targets for these two blocks?

Will Omaxe Garv Buildtech pursue additional RERA registrations for residential or mixed-use projects in Uttar Pradesh following this commercial launch?

How could the international market component of these projects attract NRI or foreign institutional investors, and what incentives might Omaxe offer to tap that segment?

Omaxe Promoter Entities File No-Encumbrance Disclosures for FY26

1 min read     Updated on 07 May 2026, 03:40 AM
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Annay Realtors Private Limited, along with NJS Developers and VSG Builders, has filed a no-encumbrance declaration for FY 2025-26 under SEBI Regulation 31(4). The filing, dated April 3, 2026, confirms no new encumbrances were created by the entities or their Persons Acting in Concert, excluding specific individuals like Mr. Sunil Goel and Mrs. Seema Goel.

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Annay Realtors Private Limited, a member of the promoter group of Omaxe Limited , has submitted a formal disclosure to the stock exchanges declaring that no encumbrance was created during the Financial Year 2025-26. The declaration, dated April 3, 2026, was filed in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, and was addressed to both the National Stock Exchange of India Limited and BSE Limited. This filing follows similar disclosures made by other promoter group entities, including NJS Developers Private Limited and VSG Builders Private Limited, on the same date.

Disclosure Under SEBI Takeover Regulations

Pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, Annay Realtors Private Limited, along with its Persons Acting in Concert, has declared that it has not made any encumbrance, directly or indirectly, other than those already disclosed during the Financial Year 2025-26. The disclosure was signed by Director Abhinav V Singh on April 3, 2026.

Key Filing Details

The following table summarises the key details of the regulatory disclosure:

Parameter: Details
Filing Entity: Annay Realtors Private Limited
CIN: U45201DL2005PTC134487
Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011
Financial Year: 2025-26
Declaration Date: April 3, 2026
Exchanges Filed With: National Stock Exchange of India Limited, BSE Limited
Promoter Group Of: Omaxe Limited

Exclusions from the Declaration

The disclosure explicitly notes that the following individuals, who fall under the definition of "Person Acting in Concert," have been excluded from the declaration. Annay Realtors Private Limited has stated that it does not possess information regarding the creation of any type of encumbrance by the following persons:

  • Mr. Sunil Goel
  • Sunil Goel HUF
  • Mrs. Seema Goel
  • Mr. Jai Bhagwan Goel
  • Mrs. Rekha Goel
  • Mr. Nakul Goel

The disclosure was also marked to the Audit Committee and to Omaxe Limited, whose registered office is located at Shop No. 19-B, First Floor, Omaxe Celebration Mall, Sohna Road, Gurgaon-122001, Haryana.

Historical Stock Returns for Omaxe

1 Day5 Days1 Month6 Months1 Year5 Years
+2.30%+5.89%+23.84%+11.34%+24.57%+29.50%

Could the exclusion of key individuals like Sunil Goel and family members from the encumbrance declarations create regulatory scrutiny or compliance concerns for Omaxe Limited in FY2026-27?

How might undisclosed encumbrances by the excluded Persons Acting in Concert potentially impact Omaxe Limited's stock price or investor confidence if revealed in future filings?

Will SEBI take any action to mandate stricter disclosure norms for promoter group entities that cannot account for encumbrances created by associated individuals?

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1 Year Returns:+24.57%