Omaxe Subsidiary Receives RERA Registration for Commercial Project in Punjab
Omaxe Limited's wholly owned subsidiary, Omaxe New Chandigarh Developers Private Limited, has received RERA registration certificate for 'The Lake Commercial Phase 2' commercial project in Mohali, Punjab. The project launched on March 05, 2026, under registration number PBRERA-SAS80-PC0410-022026, with approval valid until October 15, 2030. The RERA registration enables legal sales and marketing activities while ensuring regulatory compliance and buyer protection, expected to positively impact the company's consolidated financial performance.

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Omaxe Limited has announced that its wholly owned subsidiary, Omaxe New Chandigarh Developers Private Limited, has received RERA registration certificate for its commercial project 'The Lake Commercial Phase 2' located in Mohali, Punjab. The approval was granted by Punjab Real Estate Regulatory Authority under registration number PBRERA-SAS80-PC0410-022026.
Project Details and Launch
The Lake Commercial Phase 2 is a commercial plotted development situated at Kharar, Village Bharonjian, SAS Nagar (Mohali), Punjab. The project was launched on March 05, 2026, and is designed to cater to both domestic and international markets.
| Parameter: | Details |
|---|---|
| Project Name: | The Lake Commercial Phase 2 |
| Launch Date: | March 05, 2026 |
| Category: | Commercial (Plotted) |
| Location: | Kharar, Village Bharonjian, SAS Nagar (Mohali), Punjab |
| Target Market: | Domestic & International |
| Registration Number: | PBRERA-SAS80-PC0410-022026 |
Regulatory Compliance and Approval
The RERA registration certificate was issued by Punjab Real Estate Regulatory Authority, confirming the project's compliance with regulatory requirements. The approval is granted subject to certain standard conditions and remains valid until October 15, 2030, unless extended by the concerned authority.
The registration enables the wholly owned subsidiary to legally sell, transfer, or advertise the project while ensuring transparency and legal protection for potential buyers. Project details are available on the Punjab RERA website at www.rera.punjab.gov.in .
Business Impact and Significance
According to the company's disclosure, the RERA registration brings several strategic advantages:
- Certifies compliance with real estate regulations
- Enhances project credibility and market positioning
- Ensures timely project delivery commitments
- Fosters buyer trust through transparency and legal protection
- Enables legal sales and marketing activities
The company expects this approval to strengthen its brand value and positively impact the consolidated financial performance through enhanced market confidence and regulatory compliance.
Regulatory Disclosure
The announcement was made pursuant to Regulation 30 of SEBI LODR Regulations, 2015, ensuring proper disclosure of material events to stakeholders. The information has been made available on the company's website and relevant stock exchange platforms for public access.
Historical Stock Returns for Omaxe
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.26% | -1.77% | -3.59% | -12.08% | +0.59% | +4.20% |


































