Omaxe Subsidiaries Secure RERA Approvals for Residential Projects in UP and Punjab
Omaxe Limited's wholly owned subsidiaries have secured RERA registration certificates for residential projects in Punjab and Uttar Pradesh. The approvals cover Integrated Residential Township Phase 6B in Punjab and METRO CITY P-8B in Lucknow, both targeting domestic and international markets with launch dates of March 23, 2026.

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Omaxe Limited has announced that its wholly owned subsidiaries have received RERA registration certificates for residential projects in Uttar Pradesh and Punjab. These regulatory approvals mark significant milestones for the company's expansion across northern Indian real estate markets.
Multiple Project Registrations
The company's subsidiaries have secured RERA approvals for two distinct residential developments. Omaxe Garv Buildtech Private Limited received registration for its Lucknow project, while Omaxe New Chandigarh Developers Private Limited obtained approval for a Punjab-based residential development. These registrations enable the subsidiaries to legally commence sales and marketing activities.
| Project Details: | Punjab Project | Lucknow Project |
|---|---|---|
| Project Name: | Integrated Residential Township Phase 6B | METRO CITY P-8B |
| Registration Number: | PBRERA-SAS80-PR1355-032026 | UPRERAPRJ582769/03/2026 |
| Category: | Residential (Plotted) | Residential Plots |
| Location: | Kharar, Village Bansapur, Paintpur, Sainimajra, SAS Nagar, Punjab | Khasra No. 3271(P)-3288(P), Tehsil-Sarojini Nagar, Lucknow, UP |
| Launch Date: | March 23, 2026 | March 23, 2026 |
| Validity Period: | Until December 1, 2030 | Until October 9, 2027 |
Punjab Project Specifications
Omaxe New Chandigarh Developers Private Limited received RERA registration for its Integrated Residential Township Phase 6B project. The development is strategically located at Kharar, Village Bansapur, Paintpur, Sainimajra, SAS Nagar, Punjab-140901. The residential plotted project caters to both domestic and international markets, expanding the company's customer reach.
Lucknow Project Details
The METRO CITY P-8B project has been officially registered with the Uttar Pradesh Real Estate Regulatory Authority. The project is located at Omaxe Metro City on multiple Khasra numbers including 3271(P), 3272(P), 3273(P), 3283(P), 3284(P), 3285(P), 3286(P), and 3288(P) in Tehsil-Sarojini Nagar, District-Lucknow. The residential plots project targets both domestic and international buyers.
Strategic Business Benefits
The RERA registrations provide multiple strategic advantages for both subsidiaries:
- Legal Authorization: Enables subsidiaries to legally sell, transfer, and advertise projects
- Enhanced Credibility: Certifies compliance with real estate regulations
- Buyer Confidence: Ensures transparency and legal protection for customers
- Market Expansion: Allows targeting of broader customer base including international buyers
- Timely Delivery: Guarantees adherence to project completion timelines
- Brand Strengthening: Positively impacts consolidated financial performance
Regulatory Compliance Framework
Both RERA registration certificates have been granted by respective state Real Estate Regulatory Authorities, subject to standard regulatory conditions. The Punjab project approval was issued by Punjab Real Estate Regulatory Authority, while the Lucknow project received approval from Uttar Pradesh Real Estate Regulatory Authority. The approvals ensure full regulatory compliance and provide comprehensive legal protection to potential buyers.
Corporate Disclosure and Transparency
The announcements were made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has uploaded disclosures on its official website and the websites of both NSE and BSE for stakeholder transparency. Complete project details are available on respective state RERA websites for public verification and reference.
Historical Stock Returns for Omaxe
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.67% | -0.96% | -8.10% | -16.33% | -7.13% | +4.19% |


































