Omaxe Subsidiary Receives RERA Registration for Commercial Project in Punjab

1 min read     Updated on 05 Mar 2026, 11:11 AM
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Overview

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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*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
+1.26%-1.77%-3.59%-12.08%+0.59%+4.20%

Omaxe Limited Allots Non-Convertible Debentures Worth Rs 18.50 Crore Under Private Placement

2 min read     Updated on 26 Feb 2026, 06:22 PM
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Reviewed by
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Overview

Omaxe Limited has successfully allotted 185 unrated senior secured non-convertible debentures worth Rs 18.50 crore on February 26, 2026, marking the third tranche of its comprehensive fundraising program. The debentures, each with a face value of Rs 10,00,000, are part of a larger issue of up to 1,994 NCDs aggregating Rs 199.40 crore. The instruments offer a 12% IRR committed return with a tenure of up to 54 months from July 16, 2025, and are secured by exclusive charges over project assets and guarantees from key promoters and group entities.

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*this image is generated using AI for illustrative purposes only.

Omaxe Limited has completed the allotment of non-convertible debentures worth Rs 18.50 crore as part of its ongoing fundraising initiative. The company's Debenture Issue & Allotment Committee approved this third tranche allocation on February 26, 2026, under the regulatory framework of SEBI LODR Regulations, 2015.

Debenture Allotment Details

The latest allotment comprises 185 unrated senior secured non-convertible debentures, each carrying a face value of Rs 10,00,000. This brings the total aggregate value to Rs 18,50,00,000, issued on a private placement basis.

Parameter Details
Number of NCDs Allotted 185
Face Value per NCD Rs 10,00,000
Total Allotment Value Rs 18,50,00,000
Issuance Type Private Placement
Date of Allotment February 26, 2026

Overall Issue Structure

This third tranche forms part of a larger debenture program designed to raise substantial capital for the company's operations. The comprehensive issue details demonstrate the scale and systematic approach of the fundraising exercise.

Issue Component Value
Total Issue Size Up to 1,994 NCDs
Maximum Issue Value Rs 199.40 crore
Current Tranche Third Tranche
Cumulative Allotment 633 NCDs
Listing Status Not proposed for listing

Financial Terms and Returns

The debentures offer attractive returns with a structured redemption mechanism. The committed return of 12% IRR reflects the company's confidence in generating adequate project cash flows for redemption purposes.

Key Financial Features:

  • Committed Return: 12% IRR for redemption from project cash flows
  • Maturity Period: Up to 54 months from July 16, 2025
  • Redemption: 100% redemption at the end of tenure
  • Default Penalty: 3% IRR over and above committed return for payment delays exceeding three months

Security Structure

The debentures are backed by comprehensive security arrangements designed to protect investor interests. The security structure includes multiple layers of asset coverage and personal guarantees from key stakeholders.

Primary Security Components:

  • Exclusive first charge by way of mortgage over project land, leasehold rights, and development share of Grand Omaxe and Rajguru & Bhagat Singh
  • Exclusive first charge by way of hypothecation over all bank accounts, receivables, and current and non-current assets of the project
  • Unconditional and irrevocable guarantees from Mr. Rohtas Goel, Mr. Mohit Goel, and multiple group entities including Guild Builders Pvt Ltd., Dream Home Developers Pvt. Ltd., and other associated companies
  • Additional security through exclusive first charge on Project Resort-A&B, Chandigarh, including all related assets and bank accounts

Regulatory Compliance

The allotment has been conducted in full compliance with SEBI regulations, specifically under Regulation 30 of SEBI LODR Regulations, 2015. The company has also adhered to requirements outlined in SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The intimation regarding this allotment has been made available on the company's website at www.omaxe.com and on the websites of both NSE ( www.nseindia.com ) and BSE ( www.bseindia.com ), ensuring transparent disclosure to all stakeholders.

Source: None/Company/INE800H01010/5acde2d6-94c6-41b6-be14-bf9a8477e93f.pdf

Historical Stock Returns for Omaxe

1 Day5 Days1 Month6 Months1 Year5 Years
+1.26%-1.77%-3.59%-12.08%+0.59%+4.20%

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