Omaxe Subsidiary Omaxe Garv Buildtech Secures U.P. RERA Nod for Two Lucknow Projects
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































