Omaxe entered the Real Estate Development business in 2001 and is now amongst the large Real Estate Development companies in India.The company was originally set up as Omaxe Builders Private limited in 1989, promoted by Shri. Rohtas Goel , the founder, to undertake construction & contracting business. Omaxe's ventures in the real estate business include developing Integrated Townships, Group Housing, Shopping Malls, Multiplexes, Hotels, Resorts, IT Parks, Biotech Parks and SEZS. The company in a short span of 5 years has completed and delivered 10 projects consisting of 8 residential and 2 commercial covering approx 5.13 million sq. ft of area.
Omaxe, an ISO 9001:2000 company, has pioneered many innovations in the real estate industry. Among the many was the Sample Flat Concept where the buyer could see exactly what he was getting. Omaxe also brought in the Penalty Clause that protected customer interests by promising compensation in case of delayed delivery and escalation. The company currently has 52 projects under development. These include 21 group housing projects,16 integrated townships,14 shopping malls and commercial complexes and 1 hotel. The company is at present developing over 140 million sq ft of saleable area across 30 towns in 9 states in Northern and Central India
Omaxe, an ISO 9001:2000 company, has pioneered many innovations in the real estate industry. Among the many was the Sample Flat Concept where the buyer could see exactly what he was getting. Omaxe also brought in the Penalty Clause that protected customer interests by promising compensation in case of delayed delivery and escalation. The company currently has 52 projects under development. These include 21 group housing projects,16 integrated townships,14 shopping malls and commercial complexes and 1 hotel. The company is at present developing over 140 million sq ft of saleable area across 30 towns in 9 states in Northern and Central India
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